Actions Semiconductor Co., Ltd. (Nasdaq:ACTS) one of China's leading fabless semiconductor companies that provides comprehensive mixed-signal system-on-a-chip (SoC) and multimedia digital signal processing (DSP) solutions for portable consumer electronics, provided an update to its third quarter financial outlook. For the third quarter of 2011, Actions expects to report revenue in the range of $15.0 million to $15.5 million and gross margin of approximately 40%. The company's previous guidance was for the third quarter revenue to be in the range of $12.0 to $13.0 million and gross margin of approximately 40%.

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components.

Read full artical and disclimar at : http://doubleinstocks.com/?p=18830