News: Audience Inc (ADNC.OQ)

ADNC.OQ on NASDAQ Stock Exchange Global Select Market

12.59USD
1 Aug 2013
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$-0.01 (-0.08%)
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Thu, Aug 1 2013

UPDATE 2-Audience Inc joins list of hurting Samsung suppliers

Aug 1 - Samsung Electronics supplier Audience Inc warned it faces a loss in the current quarter, joining a growing list of component makers that are hurting as sales of the upmarket Galaxy S4 smartphone fall short of expectations.

Audience revenue beats estimates, helped by S4 demand

- Audio-chipmaker Audience Inc forecast current-quarter results largely above analysts' estimates, helped by strong demand from key customers such as Samsung Electronics Co Ltd , which uses its chips in its new Galaxy S4 smartphone.

UPDATE 1-Audience revenue beats estimates, helped by S4 demand

* Forecasts second-quarter revenue $43 mln-$46 mln vs $43.5 mln

DSP Group goes after mobile market with noise reduction chip

* Expected to be significant addition to DSP revenue in 2014

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