Leading semiconductor company
Fairchild Semiconductor International Inc.
) recently announced a new product obsolescence policy for its
power and mobile product lines. As per the new policy,
Fairchild's products will not be declared obsolete, unless the
company ceases to manufacture its parts.
To support the aforementioned policy, Fairchild has also
extended its lifetime supply policy. The new 24-month total
lifetime supply policy becomes applicable in case the company
stops making a specific product.
Under this policy, customers will be given 12 months to place
orders for replaced products, after the notice of discontinuation
is out. Moreover, the customers will be given another 12 months,
post the last order, to take delivery.
Through the release of these policies Fairchild's aims at
optimizing customers' experience. The above policies are
applicable with immediate effect.
Last month, the company voluntarily transferred its stock
exchange listing from The New York Stock Exchange (NYSE) to the
NASDAQ, with effect from Oct 31, 2013.
Fairchild Semiconductor is a California-based company that
designs, develops, manufactures and markets highly efficient
semiconductors for multiple-end market uses across the globe. Its
products are used in computers, telecommunications, automotive as
well as consumer and industrial applications. The company also
provides online design tools and design centers in its effort to
meet customer satisfaction.
Fairchild Semiconductor currently carries a Zacks Rank #3
(Hold). Better-placed stocks in the same industry that are worth
Microchip Technology Inc.
). While Microchip and Inphi each carry a Zacks Rank #2 (Buy),
Supertex holds a Zacks Rank #1 (Strong Buy).
FAIRCHILD SEMI (FCS): Free Stock Analysis
INPHI CORP (IPHI): Free Stock Analysis Report
MICROCHIP TECH (MCHP): Free Stock Analysis
SUPERTEX INC (SUPX): Free Stock Analysis
To read this article on Zacks.com click here.