Freescale Sales Down 7% in Q3

Austin, Tex. – Freescale Semiconductor, Ltd. (NYSE:FSL) today announced financial results for the third quarter ended October 2, 2015. Highlights include: GAAP Results Non-GAAP Results* • Net sales of $1.12 billion • EBITDA** of $308 million • Gross margin of 48.1% • Adjusted earnings per share of $0.54 • Earnings per share of $0.25 “Third quarter results represented another…

Altera Q3 Sales Falls 20%

San Jose, Calif. — Altera Corporation (NASDAQ: ALTR) today announced third quarter sales of $399.6 million, down 4 percent from the second quarter of 2015 and down 20 percent from the third quarter of 2014. Third quarter net income was $61.5 million, $0.20 per diluted share, compared with net income of $70.3 million, $0.23 per diluted share, in the second quarter of 2015 and $118.0…

High Resolution Displays Boost Driver IC Revenue

Santa Clara, Calif. – The driver IC market is forecast to reach $6.8 billion in 2017, primarily driven by demand for higher resolution displays in smartphones and other applications, according to IHS Inc. (NYSE: IHS). These include smartphones with full high-definition (FHD) and 4K-resolution displays. There are a couple of market dynamics occurring in the driver…

China Leads in Relay Production

Pune, India – RnRMarketResearch.com adds “China Relay Market Report, 2015-2018” and “Global Relays Industry 2015 Market Research Report” studies with 2018 and 2020 forecasts, respectively, on data and information to its online business intelligence library. Complete report on China relay market spread across 96 pages, talking about 13 companies and supported with 134 charts is now available…

Benchmark Electronics to Buy Secure Technology

Angleton, Tex. — Benchmark Electronics, Inc. (NYSE: BHE) today announced that it has entered into a definitive agreement to acquire Secure Communication Systems, Inc. and its subsidiaries (collectively referred to as “Secure Technology” or “Secure”), a leading engineered products and solutions provider, for approximately $230 million in cash, on a debt-free, cash-free basis subject to a working capital…

WPG Americas Adds Marvell Product Portfolio

San Jose, Calif. — WPG Americas Inc. (WPGA) a subsidiary of WPG Holdings,Asia’s number one electronics distributor, announced today it has signed a new agreement with Marvell, an industry leader in storage, communications and consumer silicon solutions to distribute their complete line of products. Marvell’s expertise in microprocessor architecture and digital signal processing drives multiple platforms including…

Enterprise Wearables Market to Reach $6.3B by 2020

Enterprise and industrial organizations in a wide range of sectors are increasingly turning to wearable devices as an extension of their technology toolkits.  Pioneering companies across a number of industries have found that wearables including smart watches, fitness trackers, and smart glasses can provide meaningful advantages in terms of productivity, efficiency, and cost savings. According…

TI 3Q Revenue Down 2%

Dallas, Tex. — Texas Instruments Incorporated (TI) (NASDAQ: TXN) today reported third-quarter revenue of $3.43 billion, net income of $798 million and earnings per share of 76 cents. Regarding the company’s performance and returns to shareholders, Rich Templeton, TI’s chairman, president and CEO, made the following comments: “Revenue declined 2 percent from a year ago. While our overall demand remained weak,…