Reuters: Technology News: Fairchild Semiconductor profit misses on weak sales to PC makers

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Fairchild Semiconductor profit misses on weak sales to PC makers Jul 18th 2013, 11:44 Thu Jul 18, 2013 7:44am EDT (Reuters) - Chipmaker Fairchild Semiconductor International Inc's (FCS.N) second-quarter profit missed analysts' estimates due to lower demand from makers of notebook PCs and mobile devices. The company's quarterly net loss was $7.5 million, or 6 cents per share, compared with a profit of $11.9 million, or 9 cents per share, a year earlier. Excluding items, the company posted a profit of 1 cent per share, below analysts' estimate of 8 cents per share, according to Thomson Reuters I/B/E/S. Revenue fell 1.4 percent to $356.5 million, below Wall Street expectations of $388.2 million. The company makes analog chips for PCs, mobile phones and cars.

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