Here’s Why Wireless Chip Makers are Getting Drop Kicked Now

HTC (HTCCF.PK), which has made great progress thanks to the success of Android (NASDAQ:GOOG), is cutting its Q4 sales prospects by 17-23%, blaming macro issues and tough competition. Likely competitors include Samsung’s Galaxy S II line as well as Apple’s (NASDAQ:AAPL) iPhone 4S, whose premiere on big HTC customer Sprint’s (NYSE:S) network could be of notable concern.

Here’s how wireless chip makers traded into the holiday:

  • QUALCOMM Incorporated (NASDAQ:QCOM): QCOM shares recently traded at $52.40, down $2.08, or 3.82%. Its market capitalization is $88.09 billion. They have traded in a 52-week range of $45.98 to $59.84. Volume today was 21,148,749 shares versus a 3-month average volume of 16,794,900 shares. The company’s trailing P/E is 20.84, while trailing earnings are $2.52 per share. The company pays a dividend of $0.86 per share for a dividend yield of 1.60%. About the company: QUALCOMM, Inc. develops and manufactures digital wireless communications equipment. The Company licenses its Code Division Multiple Access (CDMA) intellectual property to other companies, and produces CDMA-based integrated circuits; equipment and software used to track workers and assets; software for wireless content enablement; and offers services to deliver multimedia content. Get the most recent company news and stock data here >>
  • Broadcom Corp. (NASDAQ:BRCM): BRCM shares recently traded at $30.71, down $0.91, or 2.88%. Its market capitalization is $16.55 billion. They have traded in a 52-week range of $30.33 to $47.39. Volume today was 7,535,867 shares versus a 3-month average volume of 8,165,920 shares. The company’s trailing P/E is 18.49, while trailing earnings are $1.66 per share. The company pays a dividend of $0.36 per share for a dividend yield of 1.10%. About the company: Broadcom Corporation provides integrated silicon solutions that enable broadband digital data transmission of voice, data, and video content to the home and within the business enterprise. The Company designs, develops, and supplies integrated circuits for cable set-top boxes, cable modems, high-speed networking, direct satellite and digital broadcast, and digital subscriber line. Get the most recent company news and stock data here >>
  • OmniVision Technologies Inc. (NASDAQ:OVTI): OVTI shares recently traded at $11.01, down $0.34, or 3%. Its market capitalization is $656.31 million. They have traded in a 52-week range of $10.83 to $37.04. Volume today was 2,457,881 shares versus a 3-month average volume of 4,602,130 shares. The company’s trailing P/E is 4.44, while trailing earnings are $2.48 per share. About the company: OmniVision Technologies, Inc. provides integrated single chip semiconductor imaging devices. The Company designs, develops, and markets semiconductor imaging devices for computing, communications, and consumer electronics applications. OmniVision’s image sensor product is used in cameras and camera related products such as personal computer, digital, and security cameras. Get the most recent company news and stock data here >>
  • Cirrus Logic Inc. (NASDAQ:CRUS): CRUS shares recently traded at $14.48, down $0.68, or 4.49%. Its market capitalization is $925.72 million. They have traded in a 52-week range of $12.52 to $25.48. Volume today was 1,983,050 shares versus a 3-month average volume of 2,353,780 shares. The company’s trailing P/E is 5.81, while trailing earnings are $2.49 per share. About the company: Cirrus Logic, Inc. designs and manufactures integrated circuits that employ precision linear and advanced mixed-signal processing technologies. The Company’s products enable system-level applications in mass storage, audio, and precision data conversion. Cirrus serves a broad customer base in the mass storage, industrial, and audio markets. Get the most recent company news and stock data here >>
  • Marvell Technology Group Ltd. (NASDAQ:MRVL): MRVL shares recently traded at $13.49, down $0.52, or 3.71%. Its market capitalization is $8.10 billion. They have traded in a 52-week range of $11.23 to $22.01. Volume today was 11,002,554 shares versus a 3-month average volume of 14,023,000 shares. The company’s trailing P/E is 11.40, while trailing earnings are $1.18 per share. About the company: Marvell Technology Group Ltd. designs, develops, and markets integrated circuits for communications-related markets. The Company’s products provide the interface between analog signals and the digital information used in computing and communications systems. Marvell’s technology is applied to the broadband data communications market. Get the most recent company news and stock data here >>
  • Skyworks Solutions Inc. (NASDAQ:SWKS): SWKS shares recently traded at $14.59, down $1.31, or 8.24%. Its market capitalization is $2.68 billion. They have traded in a 52-week range of $14.35 to $37.82. Volume today was 9,099,244 shares versus a 3-month average volume of 4,533,710 shares. The company’s trailing P/E is 12.26, while trailing earnings are $1.19 per share. About the company: Skyworks Solutions, Inc., a wireless semiconductor company, designs and manufactures radio frequency and complete semiconductor system solutions for mobile communications applications. The Company provides front-end modules, radio frequency subsystems, and system solutions to wireless handset and infrastructure customers worldwide. Get the most recent company news and stock data here >>
  • TriQuint Semiconductor, Inc. (NASDAQ:TQNT): TQNT shares recently traded at $4.06, down $0.15, or 3.56%. Its market capitalization is $674.88 million. They have traded in a 52-week range of $3.97 to $15.20. Volume today was 5,095,085 shares versus a 3-month average volume of 6,601,400 shares. The company’s trailing P/E is 8.12, while trailing earnings are $0.50 per share. About the company: TriQuint Semiconductor, Inc. designs, develops, manufactures, and markets a variety of high performance analog and mixed signal integrated circuits for the communications markets. The Company utilizes its proprietary gallium arsenide technology to enable its products to overcome the performance barriers of silicon devices in various applications. TriQuint’s products are sold worldwide. Get the most recent company news and stock data here >>
  • RF Micro Devices Inc. (NASDAQ:RFMD): RFMD shares recently traded at $5.80, down $0.32, or 5.23%. Its market capitalization is $1.61 billion. They have traded in a 52-week range of $4.95 to $8.48. Volume today was 6,230,026 shares versus a 3-month average volume of 8,266,850 shares. The company’s trailing P/E is 19.64, while trailing earnings are $0.30 per share. About the company: RF Micro Devices, Inc. designs, develops, and markets proprietary radio frequency integrated circuits. The Company’s products are used for wireless communications applications such as cellular and PCS, cordless telephony, wireless LANs, wireless local loop, industrial radios, wireless security and remote meter reading. Get the most recent company news and stock data here >>
  • Anadigics, Inc. (NASDAQ:ANAD): ANAD shares recently traded at $2.03, down $0.12, or 5.58%. Its market capitalization is $138.39 million. They have traded in a 52-week range of $1.92 to $8.20. Volume today was 632,672 shares versus a 3-month average volume of 544,178 shares. The company’s trailing earnings are $-0.45 per share. About the company: ANADIGICS, Inc. designs and manufactures radio frequency integrated circuit solutions for the broadband and wireless communications markets. The Company’s products enable manufacturers of communications equipment to enhance overall system performance, manufacturing costs, and time to market. Get the most recent company news and stock data here >>

Don’t Miss: Technology Business Recap: Google Whittles Down, TiVo Talks Profitabilty.

More from The Cheat Sheet