Techwell Inc. (TWLL) updated its fourth-quarter revenue guidance. The company currently projects revenues to be in the range of $21 million-$23 million. The previous revenue outlook was a range of $19 million-$20 million.
The company noted that the increase in projected revenue is primarily due to stronger demand in its two key end markets, security surveillance and automotive infotainment.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.