STMicroelectronics Named Top 100 Global Innovator

STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, was named a Thomson Reuters Top 100 Global Innovator for the second year in a row, recognizing ST’s position among the world’s most innovative companies. The program recognizes and rewards organizations that are leading the innovation charge as measured by a series of proprietary patent-related metrics.

Vishay Trims Q4 Outlook as Sales Drop

Vishay Intertechnology Inc. today disclosed why it is embarking on a cost-cutting and employee reduction program noting in a release that third quarter revenue and profits came in below investors’ and the company’s expectations. Its sales forecast for the December quarter were similarly lackluster indicating demand for its products remain weak. Malvern, Pa.-based Vishay reported…