Flextronics Reports Strong Q3

Flextronics (NASDAQ: FLEX), a leading end-to-end supply chain solutions company, today announced results for its third quarter ended December 31, 2013: (US$ in millions, except WASO and EPS) Three Month Periods Ended December 31, September 27, December 31, Continuing Operations: 2013 2013 2012 Net sales $ 7,183 $ 6,410 $ 6,123 Adjusted operating income $…

6 Spend Management Tips for Success

Defined as “the way companies control and optimize the money they spend,” spend management is a best practice that can yield a wide range of benefits for purchasing organizations. It encompasses the full purchasing lifecycle — from sourcing goods and selecting suppliers to setting up contracts and paying suppliers — and helps buyers take a…

MMB Networks to Distribute Through Avnet

Avnet Electronics Marketing Americas, a business region of Avnet, Inc. (NYSE: AVT), has signed a distribution agreement with MMB Networks, a leading global designer and manufacturer of ZigBee module solutions. MMB Networks’ ZigBee modules and USB sticks provide a complete connectivity solution powered by MMB’s RapidConnect software platform, and backed up by MMB’s world-class support…

Crocus Licenses Magnetic IP to ARM

Crocus Technology, a leading developer of magnetically enhanced semiconductor technologies for mobile security, embedded microcontrollers, harsh environment electronics and magnetic sensors, announced it has licensed its Magnetic Logic Unit (MLU) technology to ARM. Magnetic Logic Unit (MLU) is a CMOS based rugged magnetic technology capable of offering important advantages in performance, size and security for…

Tessera and Samsung Ink Patent Deal

Tessera Technologies, Inc. (NASDAQ: TSRA) (“Tessera”) www.tessera.com and Samsung Electronics Co., Ltd. (OTN: SSNLF) (“Samsung”) www.samsung.com announced today that Tessera’s subsidiaries Tessera, Inc. and Invensas Corporation each entered into new patent license agreements with Samsung. “We are pleased to announce an expanded relationship with Samsung, one of the leading mobile device and semiconductor chip manufacturers in…

Sony Completes Buy of Renesas Fab

Renesas Electronics Corporation (“Renesas Electronics”, TSE: 6723) and Sony Corporation (“Sony”, TSE: 6758) today announced that they have signed a definitive agreement to transfer a semiconductor manufacturing facility and related equipment (the “Asset Transfer”) at the Tsuruoka Factory (12-inch front-end wafer fabrication line of the semiconductor production facility) of Renesas Yamagata Semiconductor Co., Ltd. (“Renesas…