by 
SAN JOSE, CA — RFMW, Ltd and EMC Technology / Florida RF Labs, a Smiths Interconnect business, today announced a distribution agreement effective June 13, 2012 adding Europe, the Middle East and Africa (EMEA) to franchised RFMW territories.
EMC Technology / Florida RF Labs is an internationally recognized leader in the development and manufacture of high quality thin film microwave resistive products, high reliability RF and microwave coaxial cable assemblies and high performance couplers for military, space and commercial applications. RFMW Ltd. is a specialized distributor providing customers and suppliers with focused distribution of RF and microwave components as well as specialized component-engineering support.
“We are very pleased to have appointed RFMW as our master distributor for EMEA”, said Rob Torsiello, vice president of Sales & Marketing for EMC Technology / Florida RF Labs “RFMW offers a wide breadth of EMC Technology and Florida RF Labs products from stock that will be available Europe-wide both to our existing customers and new customers. In addition RFMW’s impressive worldwide logistics will enhance EMC Technology / Florida RF Labs distribution model. RFMW’s technical sales support will be a welcome addition to developing the European market.”
According to Joel Levine, president of RFMW, Ltd., “Expanding our relationship with EMC Technology and Florida RF Labs allows us to offer our customers more of the world’s best high-power passive devices and high-performance cable assemblies for use in commercial and military applications. Florida RF Labs’ RF products match perfectly with RFMW’s focus on serving customers in diverse markets who require a wide range of RF/microwave components. Our immediate goal is not only to expand EMC Technology / Florida RF Labs military and commercial design-in opportunities, but also to provide a high level of customer support to their overseas customers”.
Peter Saxby, RFMW Managing Director – Europe added “Our pan-European and Middle East sales staff of focused, RF specialists are excited to support customer design, prototype and manufacturing opportunities with EMC Technology and Florida RF Labs devices. Their products are complementary to our active device portfolio and provide much needed content for current design opportunities.”
I have worked with Renesas before and I believe it should not be bailed out. The way it works, the internal conflicts it has from merging companies, the lack of innovation and a lot more. The only reason it is bailed out is it supplies chips for major customers in Japan.
Yes of course these company's must be bailed out. When an organization gets into economic crisis, not only the employees gets affected but also their families. The high tech companies must be bailed out, but to what extent is a good question. Because in business no one wants to loose money. But then sometimes your country's pride and image comes at stake so some descisions are taken accordingly.
Likewise in India, all the headlines have been taken away by ailing Kingfisher airlines. I guess the government is also not coming forward to bail it out. Today we read in newspapers that a family member of an employee of this company committed suicide as her husband was not paid from last 4 months. Its so sad. It was one of the most sophisticated and paush airlines of this country that is now debt ridden.
I guess in business one need to take tough decisions whether to continue or kill. Government can bailout ailing companies once or twice but at the end the companies need to focus on whats going wrong, fixt it, help their employees with good severance package and help them in getting settled with other competitive business. Afterall everyone needs to pay their bills! My heart goes out to Sharp because their products are fantastic and they must be doing many things right that they are here from 100 years.
t.alex and SP – I hear both of you. t.alex – to your point, businesses come and go, that's just the way it is. But, SP, you're right the ripple effect becomes very personal, and yes very sad. We've all heard stories or know people, family, friends who are really, really struggling through this crisis. I got to believe, though, that there is some viable solution somewhere between the extremes of constant business bail-out and employees suicides.
If political rhetoric can be believed, the GM bailout worked as did the US govt support of its banks. I tend to lean more toward laissez-faire when it comes to governments and business, yet the US seems to think the president is solely responsible for the economy. I don't think there is a good answer here. If a government, such as Japan's, can make a compelling case for keeping citizens employed and its economy on track, then it is the right thing to do. But I think it should be on a case by case basis rather than as a blanket policy.
I have seen Renesas employees work, really hard. However, the management is clearly lacking leadership and hence lots of the effort is really wasted. If the government bailed out, I think it should seriously replace the management team first.
Japanese electronic companies have been in reorganization mode for more than one decade — Japan itself has been trying to revitalize and help its economy grow for even longer. Japan doesn't change easily and the problem facing its biggest electronic companies will not be quickly resolved. I doubt this will be the first time they get bailed out.
This option isn't available, though, to companies in North America and counterparts in Europe. The U.S. and Western European countries have enough on their hands!