STMicroelectronics Shuffles Management

STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, today announced that Carlo Ferro, President & CEO of ST-Ericsson, will resume his position of Chief Financial Officer of ST while taking on additional responsibilities. In addition to the CFO role, Ferro will be responsible for legal, central operation planning,…

New Offerings at Payton Planar Magnetics

Payton Planar Magnetics  has improved the functionality of its website by providing easy-to-locate information regarding PLANAR TRANSFORMERS and INDUCTORS and APPLICATION NOTES. To request a quote, the user fills in the information on the REQUEST FORM and emails it from the website. To check out the updated website, go to: WWW.PAYTONGROUP.COM In addition, Payton Planar Magnetics has introduced a…

ST-Ericsson Breakup Complete

Ericsson (NASDAQ:ERIC) and STMicroelectronics (NYSE:STM) today announced the closing of the transaction for the split up of ST-Ericsson. This follows the announcement the Companies made on March 18, 2013 on the chosen strategic option for the future of the joint venture.  Effective August 2, 2013 Ericsson has taken on the design, development and sales of…

Lithium Batteries Target Hybrid Powertrains

 In advance of updating its OEM Hybrid Vehicle Strategies Report and from recent interviews with technology specialists, Strategy Analytics has concluded that there will be potential growth for lithium battery business in its recent insight report, New Hybrid & Stop-Start Powertrains Offer Greater Potential For Lithium Batteries. Auto makers are now aiming to further enhance…

Parallax Goes Global With RS & Allied

RS Components (RS) and Allied Electronics (Allied), the trading brands of Electrocomponents plc (LSE:ECM), the world’s leading high service distributor of electronics and maintenance products, have signed a global distribution agreement with Parallax Inc., a specialist in the design and manufacture of microcontroller development tools and small single-board computers. Under the terms of the agreement,…

Spansion Completes Fujitsu Unit Buy

Spansion Inc. (NYSE: CODE), a global leader in Flash memory-based embedded systems solutions, today announced that it has closed the acquisition of the Microcontroller and Analog Business of Fujitsu Semiconductor Limited. Under the terms of the agreement, Spansion will pay approximately $110 million, plus approximately $38 million(*1) for inventory. The net impact is expected to…

Flextronics Receives Quality Award From Lenovo

Flextronics (NASDAQ: FLEX) announced today that Lenovo recently honored its Sarvar, Hungary location with the prestigious Perfect Quality Award. Janos Lang, general manager, at Flextronics Hungary accepted the award on behalf of the company at Lenovo’s annual global supplier conference held in Hefei, China.  The Perfect Quality Award from Lenovo was the result of Flextronics’…

ISM: July Indexes Surge

Economic activity in the manufacturing sector expanded in July for the second consecutive month, and the overall economy grew for the 50th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. The report was issued  by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management™ Manufacturing…

Flextronics Receives Lenovo Perfect Quality Award

Flextronics (FLEX) announced today that Lenovo recently honored its Sarvar, Hungary, location with the prestigious Perfect Quality Award. Janos Lang, general manager, at Flextronics Hungary, accepted the award on behalf of the company at Lenovo’s annual global supplier conference held in Hefei, China. The Perfect Quality Award from Lenovo was the result of Flextronics’ near…