SOURCE: Industrial Info Resources

Industrial Info Resources

September 13, 2010 07:03 ET

Semiconductor Industry Sees Strong Growth in 2010, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - September 13, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- National Semiconductor Corporation (NYSE:NSM) (Santa Clara, California) last week reported earnings for the first quarter of the company's 2011 fiscal year. The company's net income of $88.8 million was up 12% from the previous quarter, and was up from net income of $29.8 million in the same quarter of the previous year. With increased sales of mobile phones and portable computing devices, the semiconductor-manufacturing sector is making large investments to stay afloat in this highly competitive market. Industrial Info is tracking more than $10.8 billion of active semiconductor manufacturing projects in the U.S. and another $4 billion of projects that have wrapped up in the past three months.

Other companies featured: Gartner Incorporated (NYSE:IT), Intel Corporation (NASDAQ:INTC)

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