Finance News.

Amphenol Q2 Profit Up, Currency Pressures Rise

Amphenol Corp. improved earnings and sales in the second quarter despite currency exchange pressures that lopped off several percentage points in the company’s financial performance as the U.S. dollar continued to strengthen against other international currencies. The connector manufacturer reported net profit rose to $179 million, or 56 cents per share, in the quarter ended…

Diversification Yields Positive Results for Sanmina

Sanmina Corp. is the new investors’ darling of the contract manufacturing industry. Its stock price has surged at a double-digit clip in recent days despite tepid sales growth and amidst continuing signs visibility into end-markets remain limited. What accounts for this disparity? Sanmina isn’t exactly the same company it was only a few years ago.…

Gartner Reduces Chip CapEx Forecast

Weakness in both the euro and the yen has  dragged down the semiconductor equipment spending forecast, according to Gartner. Worldwide semiconductor capital spending is projected to grow 2.5 percent in 2015, to $66.1 billion,  down from the 4.1 percent growth predicted in the previous quarter’s forecast. “Since the previous quarter’s forecast, continued weakness in the…

Robot Love: It’s all about the Sensors

Tomorrow’s home care robots are more likely to adopt a human-like appearance rather than Paro’s Pinnipedian form factor. Even the first-generation products include rudimentary attempts to offer emotional comfort. The head of the Kompaï robot from Robosoft features a “face,” for example, while the Giraff robot from Sweden’s Giraff Technologies AB displays a screen image…

Global Chip Sales Point to Shift in Supply Chain Balance

In the midst of the stock market tumbling in China and general, global economic malaise, there is still much to be said for sustainable growth trends across the semiconductor and electronics industry, from foundries to end-devices. However, along with this positive macro-trend for the industry is a disruptive shift that heralds a change in the…

Tsinghua-Micron: A Fake $23B Deal to Test U.S. Regulators?

Micron Technology Inc. may be an attractive acquisition target but it should not be on the acquisition menu of China’s Tsinghua Unigroup Ltd. as reported earlier this week by many news outlets. In fact, considering the likely regulatory opposition to the deal, it shouldn’t even be seriously considered by a Chinese company. This transaction doesn’t…

Consumer Electronics Drive FPGA Growth

San Francisco, Calif. – The global field programmable gate array (FPGA) market is forecast to reach $9,882.5 million by 2020, according to a new study by Grand View Research, Inc. The key growth driver over the next six years is increasing demand for consumer electronics, including smartphones. The report, FPGA (Field Programmable Gate Array) Market Analysis By…

Electronics Vendors still Caught in Inventory Trap

The electronics industry’s cyclical downturns and upcycles may have become less vicious over the last decade but it appears enterprises in the sector have still not fully sorted out the inventory challenges that have for long been the bane of the market, according to a research firm. Whatever the nature of the inventory – finished…

Foxconn’s India Move will Ripple through Supply Chain

After two long decades of jealously watching China rise to become the world’s No. 2 economy, India appears to be finally getting the attention of electronics manufacturers and may be on the cusp of benefitting from OEMs’ unceasing search for lower-cost production centers to boost competitiveness and increase profits. Foxconn International Ltd. is the latest…