NEW YORK, NY / ACCESSWIRE / January 13, 2017 / The Semiconductor Industry has posted strong sales in 2016. The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing, design, and research, recently reported global semiconductor sales totaled $31.0 billion for the month of November 2016, an increase of 7.4 percent when compared to sales of $28.9 billion in November 2015 and a 2.0 percent increase when compared to sales of $30.4 billion in October 2016. The year-to-year growth posted in November was the largest since January 2015.

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Month-to-month sales increased modestly across all regions: the Americas (3.3 percent), China (2.7 percent), Europe (2.5 percent), Asia Pacific/All Other (0.7 percent), and Japan (0.4 percent).

RDInvesting takes a closer look at some popular semiconductor companies

Advanced Micro Devices, Inc. (NASDAQ: AMD)

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Advanced Micro Devices' shares declined 3.93 percent to close at $10.76 a share Thursday. The stock traded between $10.33 and $11.04 on volume of 75.24 million shares traded. The company is scheduled to report results for the fiscal fourth quarter and full year 2016 on Tuesday, Jan. 31, 2017. AMD reported revenues of $1,307 million for the third quarter of 2016, up 23 percent when compared to revenues of $1,061 million in the third quarter of 2015. According to the company's guidance from its third quarter news releases, revenue for the fourth quarter of 2016 are expected to increase 12 percent when compared to revenues reported in the fourth quarter of 2015.

Skyworks Solutions Inc. (NASDAQ: SWKS)

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Skyworks Solutions' shares declined 2.12 percent to close at $76.75 a share Thursday. The stock traded between $74.67 and $76.91 on volume of 4.27 million shares traded. Analysts at Goldman Sachs have recently downgraded the company's rating to "neutral" from "buy", on competitive threat from Broadcom, and have also lowered its price target on the stock to $79 from $88. Skyworks is scheduled to release its first quarter fiscal 2017 results after market close on January 19, 2017. The company reported revenues were $835.4 million for the fiscal fourth quarter of 2016, an increase of 11 percent when compared to the previous quarter.

"Entering fiscal year 2017, we are leveraging our scale, customer partnerships and differentiated system solutions to capture increasing content per platform across mobile connectivity and Internet of Things applications," said Kris Sennesael, senior vice president and chief financial officer of Skyworks. "Accordingly, for the first fiscal quarter of 2017, we anticipate our revenue to be up 7 to 9 percent sequentially with operating leverage driving non-GAAP diluted earnings per share of $1.58."

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