Sales and Patent License Agreements, Product Launches, and Financial Results - Research Report on Canadian Solar, Cree, AMD, Cirrus Logic, and GT Advanced Technologies

NEW YORK, August 8, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Canadian Solar Inc. (NASDAQ: CSIQ), Cree, Inc. (NASDAQ: CREE), Advanced Micro Devices, Inc. (NYSE: AMD), Cirrus Logic, Inc. (NASDAQ: CRUS), and GT Advanced Technologies Inc. (NASDAQ: GTAT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Canadian Solar Inc. Research Report

On August 5, 2013, Canadian Solar Inc. (Canadian Solar) announced that its subsidiary, Canadian Solar Solutions Inc., has entered into a sales agreement with Concord Pacific's green energy affiliate, Concord Green Energy (Concord). Under the terms of the agreement, Concord will purchase five utility-scale solar power plants valued at over C$290 million ($277 million) from Canadian Solar. The five utility-scale solar power plants, with capacity totaling 49MW (AC), will be located in Chesterville, Pefferlaw, Springwater, Sudbury and Wyebridge, Ontario, Canada. The Company further stated that construction is expected to begin during 2013 and 2014 with commercial operation expected to start in 2014. Canadian Solar also informed that it will provide turnkey engineering, procurement, and construction (EPC) services to complete the projects and will offer operations and maintenance services post completion. The Full Research Report on Canadian Solar Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/3fbd_CSIQ]

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Cree, Inc. Research Report

On August 5, 2013, Cree, Inc. (Cree) announced that it has signed a non-exclusive worldwide patent license agreement with Transphorm, Inc. (Transphorm) that allows Cree's extensive family of patents related to GaN high electron mobility transistor (HEMT) and GaN Scotty diode devices to be used in the field of power conversion device. Cree stated that while GaN HEMTs are already being used extensively in RF (radio frequency) markets by the Company and others, their use in power conversion markets has been targeted by Transphorm and a number of other companies. John Paulmour, Cree's CTO, Power & RF, and Co-Founder, said, "Over the last 17 years, Cree has invented technology that enabled the successful introduction of reliable GaN HEMT devices in the RF market. Many of these inventions can and are expected to be used by others to manufacture devices in the burgeoning area of GaN power-management systems." The Full Research Report on Cree, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/feac_CREE]

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Advanced Micro Devices, Inc. Research Report

On July 30, 2013, Advanced Micro Devices, Inc. (AMD) introduced a new low-power Accelerated Processing Unit (APU) in the AMD G-Series SOC family with the GX-210JA. According to AMD, the GX-210JA uses one third less energy than the previous low-power Embedded G-Series SOC product while providing industry-leading graphics capabilities. The Company further stated that running at only 6 watts maximum thermal design power (TDP) and approximately 3 watts expected average power, the GX-210JA enables additional fanless designs for a variety of applications, ranging from industrial controls and automation, digital gaming, communications infrastructure, and visual embedded products including thin client, digital signage, and medical imaging. Arun Iyengar, Vice President and General Manager of AMD Embedded Systems, said, "AMD Embedded G-Series SOC products offer unparalleled compute, graphics and I/O integration, resulting in fewer board components, low-power use, and reduced complexity and overhead cost. The new GX-210JA operates at an average of approximately 3 watts, enabling a new generation of fanless designs for content-rich, multimedia and traditional workload processing." The Full Research Report on Advanced Micro Devices, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/14ff_AMD]

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Cirrus Logic, Inc. Research Report

On July 25, 2013, Cirrus Logic, Inc. (Cirrus Logic) reported its Q1 FY 2014 (period ended June 29, 2013) financial results. Net revenue increased 56.7% YoY to $155.1 million. Net income was $20.6 million or $0.31 per diluted share in Q1 FY 2014, compared to net income of $6.9 million or $0.10 in Q1 FY 2013. Jason Rhode, President and CEO of Cirrus Logic, said, "During the quarter, we added new customers in portable audio and expanded into more SKUs in LED lighting." For Q2 FY 2014, the Company expects revenue to range between $170 million and $190 million.The Full Research Report on Cirrus Logic, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0f97_CRUS]

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GT Advanced Technologies Inc. Research Report

On August 5, 2013, GT Advanced Technologies Inc. (GT Advanced Technologies) reported its Q2 FY 2013 (period ended June 29, 2013) financial results. Revenue increased 0.6% YoY to $168.3 million. Net income was $11.9 million or $0.10 per diluted share in Q2 FY 2013, compared to net income of $14.8 million or $0.12 per diluted share in Q2 FY 2012. Non- GAAP EPS stood at $0.15 compared to $0.16 in Q2 FY 2012.Tom Gutierrez, President and CEO of GT Advanced Technologies, said, "Against the backdrop of continuing challenges in our served markets, we delivered on-target revenue and outperformed with earnings, gross margin and cash. We continue to believe that our sapphire business will be the key driver for the balance of this year and we are confident we will resume shipments of ASF units in the second half of this year." For full year FY 2013, the Company expects revenue of $500 million to $600 million and non-GAAP EPS of $0.25 to $0.45.The Full Research Report on GT Advanced Technologies Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f3b4_GTAT]

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