InvenSense Expands into Automotive Market

San Jose, Calif. – InvenSense, Inc., a provider of MEMS sensor platforms, has entered the automotive market with the introduction of automotive sensor solutions for safety and non-safety applications. Entrance into the market was driven by increased demand for personalized in-vehicle experience, improved safety, assisted automated driving, and predictable maintenance systems. The company is developing MEMS…

Apple Posts 22% Revenue Growth in FYQ4

Cupertino, Calif. — Apple® today announced financial results for its fiscal 2015 fourth quarter ended September 26, 2015. The Company posted quarterly revenue of $51.5 billion and quarterly net profit of $11.1 billion, or $1.96 per diluted share. These results compare to revenue of $42.1 billion and net profit of $8.5 billion, or $1.42 per…

Mouser Offers Molex MediSpec Connectors

Mouser Electronics, Inc. is now stocking the MediSpec™ Medical Plastic Circular (MPC) Interconnect System from Molex. This affordable, high-performance interconnect solution combines premium performance and ease-of-use to meet the stringent standards of medical devices. In addition, the MediSpec is also recommended for use in avionics, high-use entertainment equipment, and test and measurement devices. The Molex…

Lantronix Signs Distribution Deal with Avnet

Irvine, Calif. – Lantronix, Inc. (NASDAQ: LTRX) — a specialized networking company providing smart IoT and M2M connectivity solutions — today announced it has signed a distribution agreement with the Avnet Electronics Marketing Americas business region of Avnet, Inc., (NYSE: AVT) a $27 billion leading technology distributor. Under terms of the agreement, Avnet will distribute Lantronix’s IoT-enabling modules and solutions…

InvenSense Releases Ultrasound Fingerprint Sensor for Review

San Jose, Calif. — InvenSense, Inc. (NYSE:INVN), the leading provider of MEMS sensor platforms, today announced it has released for OEM review UltraPrint™, its ultrasonic fingerprint imaging solution, manufactured on the proprietary InvenSense CMOS-MEMS Platform (ICMP), offering ramp to production in calendar year 2017. As the world’s largest fabless MEMS SOC innovator and source for the eutectically…

Exar Appoints Division VP of Asia Operations

Fremont, Calif. — Exar Corporation (NYSE: EXAR), a leading supplier of high-performance integrated circuits and system solutions, today announced the appointment of Edward Yang as Division Vice President of Asia Operations, effective October 19, 2015. Mr. Yang brings 15 years of industry experience to his new role. Most recently, he served as Director of Manufacturing…

Arrow Electronics Reports Q3 Sales of $5.7B

— Non-GAAP Earnings Per Share of $1.40 — — 2015 Non-GAAP Earnings Per Share Expected to Be in Excess of $6.00 — Centennial, Colo.–(BUSINESS WIRE)–Oct. 28, 2015– Arrow Electronics, Inc. (NYSE:ARW) today reported third-quarter 2015 net income of $109.2 million, or $1.15 per share on a diluted basis, compared with net income of $146.9 million, or $1.47 per share on a diluted basis, in the third quarter…

America II, GP Batteries Sign Distribution Agreement

St. Petersburg, Fla. – America II Electronics, Inc., one of the world’s largest distributors of semiconductors and electronic components, today announced it has entered into a franchise distribution agreement with GP Batteries, a leading manufacturer of primary and rechargeable batteries. Under terms of the agreement, America II will distribute GP Batteries’ entire portfolio of products…