WRAPUP 1-Maxim Integrated, Integrated Device post quarterly loss

* IDT sees channel inventory to fall further in Q1

* Maxim sees strong Q4 rev on cell phone segment strength

April 30 (Reuters) - Chipmakers Maxim Integrated Products Inc (MXIM.O) and Integrated Device Technology Inc (IDTI.O) swung to a quarterly loss, hurt by weak demand for their products amid a global economic meltdown.

Semiconductor makers around the world have been hit hard by a slump in demand for chips used in electronic products and automobiles.

"Channel inventories have continued to drop in April, which leads to us believe the overall level of channel inventory will decline further in the June quarter," Integrated Device Chief Financial Officer Rick Crowley Jr. said on a conference call with analysts.

Integrated Device expects to break even, plus or minus a cent, on an adjusted basis in the first quarter. [ID:nWNAB1565]

For the fourth quarter, diversified chipmaker Integrated Device reported a loss of $719.2 million, or $4.37 a share, compared with earnings of $17.1 million, or 10 cents a share, in the year-ago period.

Sunnyvale, California-based Maxim makes analog and mixed signal chips used for power, management and digital sensing functions in a wide range of electronics.

The company expects fourth-quarter revenue of $350 million to $380 million. Analysts were expecting revenue of $324.3 million.