SOURCE: Five Star Equities

Five Star Equities

June 08, 2012 08:20 ET

Avago Technologies and Qualcomm Look to Take Advantage of Improving Global Semiconductor Market

Five Star Equities Provides Stock Research on Avago Technologies and Qualcomm

NEW YORK, NY--(Marketwire - Jun 8, 2012) - After an impressive first quarter semiconductor stocks have slumped as a result of growing concerns of a global economic crisis. SPDR S&P Semiconductor ETF (XSD), which seeks to closely match the returns and characteristics of the S&P Semiconductor Select Industry Index, has fallen nearly 15 percent in the last 3 months. Five Star Equities examines the outlook for companies in the Semiconductor Industry and provides equity research on Avago Technologies Ltd (NASDAQ: AVGO) and Qualcomm, Inc. (NASDAQ: QCOM).

Access to the full company reports can be found at:

www.FiveStarEquities.com/AVGO

www.FiveStarEquities.com/QCOM

The Semiconductor Industry Association (SIA) recently announced that global semiconductor sales for the month of April increased 3.4 percent to $24.1 billion. The growth was in April was the largest month-over-month increase since May 2010, and the first time sales topped $24 billion in 2012.

"The outlook for the global semiconductor industry continues to be one of cautious optimism," said Brian Toohey, president & CEO, Semiconductor Industry Association. "We are beginning to see an encouraging trend of modest, sequential growth and we anticipate this trend will continue during the rest of this year, with stronger growth predicted for 2013 and beyond. But that optimism continues to be tempered by macroeconomic factors."

Five Star Equities releases regular market updates on companies in the Semiconductor Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.
Avago Technologies Limited is a leading designer, developer and global supplier of a broad range of analog semiconductor devices with a focus on III-V based products. Their product portfolio is extensive and includes over 6,500 products in four primary target markets: wireless communications, wired infrastructure, industrial and automotive electronics and consumer and computing peripherals.

Bharti Airtel Limited, a leading global telecommunications company with operations in 20 countries across Asia and Africa, and Qualcomm Inc., the world leader in 3G and next-generation mobile technologies, recently announced that they have signed an agreement for Bharti to acquire a 49 percent interest in Qualcomm Asia Pacific's (Qualcomm AP) Indian BWA entities.
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