Honeywell Awards Peerless

Peerless Electronics Inc. is pleased to announce they have won two extremely prestigious awards from Honeywell Sensing and Control for the year 2013. The awards were given to Peerless at Honeywell’s National Sales Meeting in January, 2014. 1) The 2013 Authorized Distributor NBO Award was given to Peerless in recognition for creating and winning the…

Honeywell Wants to be Your Value-Added Provider

In a move to grow sales and give customers a competitive edge, Honeywell Sensing and Control is taking a big step into the world of value-added assembly services for medical and industrial markets. Since Honeywell already possesses the sensor expertise along with proven sensing technologies for these markets, it made sense that the global components…

Mixed Q1 For Microsemi

Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today reported unaudited results for its first quarter of fiscal 2014 ended Dec. 29, 2013. Net sales for Microsemi’s first quarter of fiscal 2014 were $255.6 million. GAAP gross margin was 54.1 percent and GAAP operating margin was…

Maxim Revenue Up; Income Slides

Maxim Integrated Products, Inc. (NASDAQ:MXIM) http://www.maximintegrated.com  reported net revenue of $620 million for its second quarter of fiscal 2014 ended December 28, 2013, a 6% increase from the $585 million revenue recorded in the prior quarter. Reported revenue included $35 million from Volterra. Excluding Volterra, revenue was flat compared to the prior quarter. Tunc Doluca,…