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Thursday 20 August 2015
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Afternoon Trade News Buzz on: Maxim Integrated Products (NASDAQ:MXIM),Youku Tudou (NYSE:YOKU), Level 3 Communications, (NYSE:LVLT), Himax Technologies, (NASDAQ:HIMX)

On Thursday, in the course of Afternoon trade, Shares of Maxim Integrated Products Inc. (NASDAQ:MXIM), dropped -1.67%, and is now trading at $32.36.

The MAX9286 quad deserializer from Maxim Integrated Products enables the design of surround-view systems for advanced driver assistance systems (ADAS) with fewer components and faster time to market. Just one MAX9286 gigabit multimedia serial link (GMSL) deserializer receives and automatically synchronizes video from up to four cameras.

  • Details about Maxim’s automotive solutions: http://bit.ly/Maxim_automotive_solutions
  • MAX9286 details: http://bit.ly/MAX9286
  • Maxim’s safety solutions: http://bit.ly/Maxim_safety_solutions
  • MAX9286 schematic: http://bit.ly/MAX9286_schematic

Surround view systems are a key component in today’s emerging ADAS market. The MAX9286 automotive deserializer accepts and synchronizes video streams from four cameras via a shielded twisted-pair (STP) or coaxial cable by up to 15 meters. The MAX9286 outputs the data via a four-lane, industry-standard CSI-2 interface to a video processor. It reduces board space and component count by replacing four discrete deserializers and an FPGA. In addition, this highly integrated deserializer eliminates additional software required for camera synchronization. The MAX9286 is also well suited for machine vision and 3D-camera systems.

Maxim Integrated Products, Inc. designs, develops, manufactures, and markets various linear and mixed-signal integrated circuits worldwide. The company also provides a range of high-frequency process technologies and capabilities for use in custom designs.

During an Afternoon trade, Shares of Youku Tudou Inc (ADR) (NYSE:YOKU), dipped -9.07%, and is now trading at $16.14.

Youku Tudou Inc., declared its unaudited financial results for the second quarter 2015.

Second Quarter 2015 Highlights:

  • Net revenues were RMB1.61 billion (US$259.6 million), a 57% enhance from the corresponding period in 2014. Non-GAAP net revenues were RMB1.51 billion (US$244.3 million) in the second quarter of 2015, a 58% enhance from the corresponding period in 2014.
  • Gross profit was RMB254.1 million (US$41.0 million), an 11% enhance from the corresponding period in 2014. Non-GAAP gross profit was RMB253.8 million (US$40.9 million) in the second quarter of 2015, a 14% enhance from the corresponding period in 2014.
  • Net loss was RMB342.0 million (US$55.2 million), as contrast to RMB142.3 million (US$23.0 million) from the corresponding period in 2014. Non-GAAP net loss was RMB220.7 million (US$35.6 million) in the second quarter of 2015, as contrast to RMB76.9 million (US$12.4 million) from the corresponding period in 2014.
  • Basic and diluted loss per ADS, each representing 18 Class A ordinary shares of the Company, for the second quarter of 2015 amounted to RMB1.76 (US$0.28) and RMB1.76 (US$0.28), respectively. Non-GAAP basic and diluted loss per ADS for the second quarter of 2015 amounted to RMB1.13 (US$0.18) and RMB1.13 (US$0.18), respectively.
  • Cash, cash equivalents, restricted cash and short-term investments totaled RMB8.33 billion (US$1.34 billion) as of June 30, 2015.
  • Acquisition of property and equipment for the second quarter of 2015 was RMB71.5 million (US$11.5 million).
  • Acquisition of licensed copyright for the second quarter of 2015 was RMB366.2 million (US$59.1 million).

Youku Tudou Inc. operates as an Internet television company in the People’s Republic of China. Its Internet television platform enables users to search, view, and share video content across various devices.

Shares of Level 3 Communications, Inc. (NYSE:LVLT), during its Thursday’s current trading session fell -2.17%, and is now trading at $47.96.

Executives from Level 3 Communications, Inc. (LVLT) will take part in the following investor conferences in August.

  • Neel Dev, group vice president of finance at Level 3, will present at the Oppenheimer 18th Annual Technology, Internet, and Communications Conference in Boston, on Aug. 11. The presentation is planned to start at 1.05 p.m. local time.
  • Jack Waters, chief technology officer of Level 3, will present at the Cowen Communications Infrastructure Summit in Boulder, Colorado, on Aug. 12. The presentation is planned to start at 10.55 a.m. local time.
  • Webcast information for each of the investor presentations can be found on Level 3’s Investor Relations website at http://investors.level3.com.

Level 3 Communications, Inc., together with its auxiliaries, operates as a facilities-based provider of a range of integrated communications services primarily in North America, Latin America, Europe, the Middle East, and Africa.

Finally, Himax Technologies, Inc. (ADR) (NASDAQ:HIMX), gained 0.67% Thursday.

Himax Technologies, declared design-ins with key panel makers and OEMs for its best-in-class single-chip touch and display driver integration (“TDDI”) solution, HiSIT(TM). In addition to the existing shipment of out-cell and on-cell solutions, Himax’s “HiSIT(TM)” TDDI solution is ready for mass production and is predictable to start shipping by the fourth quarter of 2015.

HiSIT(TM) could lower system level costs for panel makers and simplify supply chain administration for OEMs. This single-chip solution will assist handset makers deliver thinner, lighter, and sleeker designs with significantly improved performance. The industry is seeking cost effective and innovative display and touch solutions for smartphones and tablets, and HiSIT(TM) offers a state-of-the-art combination of Himax’s highly recognized display driver and proven touch solution in a sophisticated structure that supports full in-cell touch displays for HD resolution smartphones and WXGA resolution tablets.

Jordan Wu, President and Chief Executive Officer of Himax Technologies, Inc., commented: “The industry is moving towards full in-cell panels driven by top-tier TFT-LCD makers seeking to introduce value-added innovations. Himax is one of the pioneers in offering one-chip TDDI solutions that requires noteworthy integration complexity. We are excited about the projects awarded from these top tier customers, which demonstrates Himax’s technological advancement and leading position in the latest full in-cell technology. We anticipate shipping our TDDI solution by the fourth quarter this year. Himax is in partnership with essentially all of the leading panel manufacturers for joint technological development of TDDI solutions, and we believe the Company will benefit from the rising TDDI trend, which should generate a more noteworthy revenue contribution in 2016.”

Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies to consumer electronics worldwide. The company operates through Driver IC and Non-Driver Products segments.

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