Chip Suppliers Dragged Down by Reports That Apple Has Cut Orders for iPhone Components

Research Driven Investing Provides Stocks Research on Qualcomm and TriQuint

Marketwired

NEW YORK, NY--(Marketwire - Jan 15, 2013) - Apple's chip suppliers fell Monday after reports that weaker-than-expected demand for the iPhone 5 have caused the company to cut orders for iPhone parts. Shares of Apple fell below the $500 mark for the first time since February. Research Driven Investing examines investing opportunities in the Semiconductor Industry and provides equity research on Qualcomm, Inc. (NASDAQ: QCOM) and TriQuint Semiconductor (NASDAQ: TQNT).

Access to the full company reports can be found at:
www.RDInvesting.com/QCOM
www.RDInvesting.com/TQNT

The Wall Street Journal, citing "people familiar with the situation," reported that Apple has cut orders of screens and other handset components. Orders of iPhone 5 screens for the January-March quarter have fallen to approximately 50 percent of what Apple had initially planned, according to the WSJ. Samsung, makers of the popular Android-based Galaxy phones, has surpassed Apple as the world's largest smartphone merchant. In the third quarter, Apple was responsible for 14.6 percent of world-wide smartphone shipments, while Samsung's market share grew to 31.3 percent.

"The move indicates that sales of the new iPhone haven't been as strong as previously anticipated and demand may be waning," the WSJ stated.

Research Driven Investing releases regular market updates on 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.RDInvesting.com and get exclusive access to our numerous stock reports and industry newsletters.

Qualcomm is the world leader in 3G, 4G and next-generation wireless technologies. The latest version of the iPhone currently uses a 4G LTE chip supplied by Qualcomm. According to Strategy Analytics Qualcomm held a 42 percent market share of the smartphone applications processor market in the third quarter of 2012.

TriQuint Semiconductor is a leader in market diversity serving customers in mobile devices, 3G and 4G cellular base station, WLAN, WiMAX, GPS, defense and aerospace markets. The company last month debuted the world's smallest linear EDGE transmit module, which boasts best-in-class performance with 45% power added efficiency.

Research Driven Investing has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
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