Exar President & CEO Steps Down

Fremont, Calif. — Exar Corporation (NYSE: EXAR), a leading supplier of high-performance integrated circuits and system solutions, today announced that its Board of Directors has appointed Chairman of the Board, Richard L. Leza, as interim President and Chief Executive Officer.  Mr. Leza’s appointment follows a mutual agreement by the Company’s Board of Directors and Louis DiNardo that he will…

CDM Electronics Opens New Distribution Center

Turnersville, N.J. – Announced today by CDM Electronics, a premier authorized distributor of electronic connectors and cables, is the opening of a new distribution center in Williamstown, NJ, to exclusively support Times Microwave Systems’ broad range of transmission line solutions for military, aerospace, wireless communications and industrial applications.  The 10,000 square-foot facility stocks more than 30,000 Times Microwave…

Macronix Touts Fastest SPI NOR Flash

Hsinchu — Macronix claimed the industry’s fastest SPI NOR flash memory with the introduction of the OctaFlash MX25UM product family. Key features include next generation performance level of x8 I/O serial interface products with an operating frequency of up to 200 MHz and transmission speeds of up to 400 MB/s. Target applications include in-vehicle entertainment, ADAS…

Flex Sales Fall in Q2 FY2016

– Adjusted operating margin continues to expand at 3.1%, increasing 30 basis points year-over-year – Adjusted EPS at $0.27, GAAP EPS at $0.22 – Strong free cash flow generation of $143 million – Maintains commitment to return value to shareholders San Jose, Calif. — Flex (NASDAQ: FLEX), a leading sketch-to-scale™ solutions company that designs and builds intelligent…

IBM Q3 Revenue Down 14%

IBM reported total revenues from continuing operations in Q3 2015 of $19.3 billion, down 14 percent (down 1 percent, adjusting for currency and the divested System x business) from Q3 2014. Armonk, N.Y. – : o  Diluted EPS from continuing operations: – Operating (non-GAAP): $3.34, down 9 percent; – GAAP: $3.02, down 13 percent; o  Net…

Dialog Launches into Smart Home Market

Dialog Semiconductor plc (XETRA:DLG), a provider of highly integrated power management, AC/DC power conversion, solid state lighting (SSL) and Bluetooth® Smart technology, today announced a Bluetooth Smart development kit, with full support for Apple® HomeKit, to accelerate development of smart home accessories. In a recent report on the connected home, BI Intelligence predicts that the smart home market will…