On Monday, Shares of Cypress Semiconductor Corporation (NASDAQ:CY), gained 0.18% to $11.16.
Cypress Semiconductor Corp., expanded its NOR HyperFlash product line with the qualification of a new 256Mb memory. The 3.0V S26KL256S HyperFlash device is the latest addition to the industry’s first flash memory family that supports the high-bandwidth, low-pin-count HyperBus interface. The device is ideal for high-performance applications, such as automotive instrument clusters, industrial automation, communication systems, and medical equipment, which need the highest read bandwidth to enable the fastest boot time for instant-on requirements, together with a low-pin-count interface to reduce package size and PCB cost.
Running at frequencies up to 166MHz, HyperFlash products can achieve Double-Data-Rate (DDR) read bandwidths as high as 333 MBps for 1.8V products and 200 MBps for 3.0V products. The 256Mb HyperFlash device is offered in a space-saving 48-mm2 24-ball package, and it delivers high reliability and extended temperature range of -40 degrees C to +125 degrees C. Cypress’s HyperFlash memory family offers 3.0V and 1.8V versions and comprises three densities: 128Mb, 256Mb and 512Mb. Cypress HyperFlash devices provide a seamless migration path from Quad SPI to dual Quad SPI to HyperFlash memory, allowing system applications to be scaled to different levels of flash performance when paired with compatible controllers. This provides OEMs the ability to offer different product models with a single design.v
Cypress Semiconductor Corporation provides mixed-signal programmable solutions, semiconductor memories, and integrated semiconductor solutions worldwide. The company’s Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile RAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems; and general-purpose programmable clocks.
Shares of Universal Display Corporation (NASDAQ:OLED), declined -3.03% to $40.27, during its last trading session.
Universal Display Corporation stated financial results for the second quarter ended June 30, 2015.
For the second quarter of 2015, the Company stated a net loss of $11.8 million, or $0.25 per diluted share, on revenues of $58.1 million, contrast to net income of $20.4 million, or $0.44 per diluted share, on revenues of $64.1 million for the second quarter of 2014. The 2015 net loss reflected a $33.0 million write-down of inventory, primarily of an existing host material and associated work-in-process, resulting from a customer’s faster-than-predictable reduction in demand for this material. Not taking into account this item and its associated $1.9 million reduction of income tax expense, non-GAAP net income was $19.4 million, or $0.41 per diluted share.
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in flat panel displays and solid-state lighting applications.
Finally, Costco Wholesale Corporation (NASDAQ:COST), ended its last trade with 0.68% gain, and closed at $146.25.
Costco Wholesale Corporation, stated net sales of $8.64 billion for the month of July, the four weeks ended August 2, 2015, an enhance of one percent from $8.55 billion during the similar period last year. For the forty-eight weeks ended August 2, 2015, the Company stated net sales of $104.95 billion, an enhance of three percent from $101.43 billion during the similar period last year.
Additional discussion of these results is available in a pre-recorded telephone message. The recording can be accessed by dialing 1-855-859-2056 (conference ID 94063797). This message will be accessible recently through 5:00 p.m. (PT) on Friday, August 7, 2015.
Costco Wholesale Corporation, together with its auxiliaries, operates membership warehouses. The company offers branded and private-label products in a range of merchandise categories.
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