Teradyne plunges on smartphone weakness warning
Teradyne Inc. shares plummeted more than 10% in after-hours trading Tuesday after the company said demand for testing mobile devices is cratering. Teradyne, which makes equipment for testing semiconductors and other equipment, reported better-than expected first-quarter results, but issued a forecast well below analysts' projections for the second quarter. "Despite the strong first quarter results, the demand outlook for 2018 mobile device test capacity declined sharply in the quarter and our... Читать дальше...