Actions Semiconductor posts quarterly results

Chinese fabless semiconductor company Actions Semiconductor has posted revenue for the second quarter of 2010 of $9.7m (£6.1m), compared with $7.9m for the first quarter of 2010 and $10.5m for the second quarter of 2009.

Net loss was $0.4m, or $0.01 per ADS, compared with a net loss of $0.9m, or $0.01 per ADS, for the first quarter of 2010 and a net loss of $0.8m, or $0.01 per ADS, for the second quarter of 2009.