3M Hits Record Revenue for 2014

3M (NYSE:MMM) today reported fourth-quarter earnings of$1.81 per share, an increase of 11.7 percent versus the fourth quarter of 2013. Sales grew 2.0 percent year-on-year to$7.7 billion. Organic local-currency sales grew 6.3 percent with acquisitions adding 0.1 percent to sales. Foreign currency translation reduced sales by 4.4 percent year-on-year. Operating income was $1.7 billion and…

Lattice Semiconductor to Acquire Silicon Image

Lattice Semiconductor Corporation (NASDAQ: LSCC), a leading provider of programmable connectivity solutions, and Silicon Image, Inc. (NASDAQ: SIMG), a leading provider of wired and wireless connectivity solutions, today announced that they have signed a definitive agreement, pursuant to which Lattice will acquire Silicon Image in an all-cash tender offer of $7.30 per share, representing an…

Freescale Revenues Up 11% in 2014

Austin, Tex. — Freescale Semiconductor, Ltd. (NYSE:FSL) today announced financial results for the fourth quarter and full-year ended December 31, 2014. Highlights include: Fourth Quarter GAAP Results Fourth Quarter Non-GAAP Results* Net sales of $1.10 billionGross margin of 47.2%Earnings per share of $0.20   EBITDA** of $274 millionAdjusted earnings per share of $0.42  Full-Year 2014 GAAP Results Full-Year 2014…

IPC Sets Manufacturing Priorities

The world’s leading advocate for the electronics industry today released its Global Policy Framework for 2015, outlining its top public policy priorities to promote a strong manufacturing economy. IPC – Association Connecting Electronics Industries® is a U.S.-based, global industry association dedicated to the success of its 3,500 member companies, who are spread across the entire electronics…

Spansion & Macronix Settle Patent Dispute

Spansion Inc. (NYSE: CODE), a worldwide leader in non-volatile memory and embedded systems solutions, and Macronix International Co., Ltd. (TSE: 2337), a global leader in non-volatile memory semiconductor solutions, today announced the companies have settled all outstanding patent disputes and actions, including their respective complaints at the US International Trade Commission as well as District…

Transphorm, Fujitsu Start GaN Power Device Production

Goleta, Calif.– Transphorm Inc., Transphorm Japan Inc., and Fujitsu Semiconductor Limited announced today that Fujitsu Semiconductor group’s CMOS-compatible, 150mm wafer fab in Aizu-Wakamatsu, Fukushima, Japan, has started mass production of Gallium Nitride (GaN) power devices for switching applications. The large-scale, automotive-qualified facility, which is providing exclusive GaN foundry services for Transphorm, will allow dramatic expansion of Transphorm’s…

Sanmina Posts Q1 Revenue Growth

Sanmina Corporation (“Sanmina” or the “Company”) (NASDAQ GS: SANM), a leading integrated manufacturing solutions company, today reported financial results for the first fiscal quarter ended December 27, 2014. First Quarter Fiscal 2015 Summary Revenue of $1.67 billion GAAP operating margin of 3.2 percent GAAP diluted earnings per share of $0.26 Non-GAAP(1) operating margin of 4.1…