Sanmina Sales Slip; Income Up

Sanmina Corporation (“Sanmina” or the “Company”) (NASDAQ GS: SANM), a leading integrated manufacturing solutions company, today reported financial results for the first fiscal quarter ended December 28, 2013. First Quarter Fiscal 2014 Summary Revenue of $1.45 billion GAAPoperating margin of 2.7 percent GAAP diluted earnings per share of $0.26 Non-GAAP(1) operating margin of 3.4 percent…

STMicroelectronics Posts Loss

 STMicroelectronics (NYSE: STM), http://www.st.com,a global semiconductor leader serving customers across the spectrum of electronics applications, reported financial results for the fourth quarter and full year ended December 31, 2013. Fourth quarter net revenues totaled $2.01 billion, gross margin was 32.9%, and net loss was $0.04 per share. For the full year net revenues totaled $8.08…

Actions Semi Posts Mixed Results

Actions Semiconductor Co., Ltd. (Nasdaq: ACTS) (“Actions Semiconductor” or “the Company”), one of China’s leading fabless semiconductor companies that provides comprehensive portable multimedia and mobile internet system-on-a-chip (SoC) solutions for portable consumer electronics, today reported its financial results for the fourth quarter and year ended December 31, 2013. All financial results are reported on a…

Molex and Innovasic in Tech Agreement

Molex Incorporated and Innovasic have announced a strategic cooperation agreement focusing on PROFINET technologies. Molex software development kits (SDKs) are used by many manufacturers looking for connectivity solutions and the company offers PROFINET IO-Controller and IO-Device SDKs based on ANSI ‘C’ source code. Innovasic designs and produces ASIC solutions for industrial networking. Molex and Innovasic…

UMC Receives Supplier Award

United Microelectronics Corporation (NYSE: UMC; TSE: 2303) (“UMC”),  http://www.umc.com a leading global semiconductor foundry, today announced that it has received the “Best Supplier Award” from Lantiq for 2013. This is the second straight year that UMC has been awarded this honor. Lantiq presents this award annually to one selected supplier for their contributions to the…

High-Tech Needs Gap From NSA Phone Mess

There’s a fine line between what a government must do to protect its citizens and territorial integrity and what businesses must do to compete successful. The U.S. government has erased that distinction at the expense of high-tech firms’ credibility. It’s time to re-establish the differences, globally, before things get worse. In general, technology companies in…