Fairchild Semiconductor Intl Inc (FCS): It’s Time for This Company to Prove its Mettle

Now, since Fairchild Semiconductor Intl Inc (NYSE:FCS) had supplied a total of five chips for the iPad mini and its bigger brother, I think that it might even land a spot in the next iPhone. The growing relationship between the two companies should not be ignored as it will provide wheels to Fairchild’s diversified business.

Also, if Apple Inc. (NASDAQ:AAPL) adds on a retina display to the iPad mini in early 2014, as reports suggest, Fairchild might see its revenue climb further, since the retina version would probably sell at a greater pace than the current generation as that’s just what the device lacks now.

The bottom line

Fairchild Semiconductor Intl Inc (NYSE:FCS) has been getting better in a slow and steady manner. The company expects its gross margin to improve and revenue might return to year-over-year growth this time. Given the improvements in its end-markets, I won’t be surprised if it issues a decent guidance this time as well. Check back this space again in a few days to know how Fairchild performed in the quarter and where it is headed in the future.

Harsh Chauhan has no position in any stocks mentioned. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple.

The article It’s Time for This Company to Prove its Mettle originally appeared on Fool.com.

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