Arrow Q3 Profit Rise 17% on Higher Sales

Arrow Electronics, Inc. (NYSE:ARW) today reported third-quarter 2014 net income of $146.9 million, or $1.47 per share on a diluted basis, compared with net income of $96.8 million, or $.95 per share on a diluted basis in the third quarter of 2013. Excluding certain items1 in the third quarters of both 2014 and 2013, net income would have been $140.2 million, or $1.40 per share on…

UMC Starts Volume Production for Lantiq PMICs

Hsinchu, Taiwan — United Microelectronics Corporation (NYSE: UMC; TSE: 2303) (“UMC”), a leading global semiconductor foundry, and Lantiq, a leading supplier of broadband access and home networking technologies, today announced that UMC has entered volume production for Lantiq’s SPT170 high voltage Power Management ICs (PMIC) used for landline applications. The SPT170 offers the industry’s highest breakdown…

Future Plans $10M Expansion of Memphis Distribution Center

Future Electronics Inc. plans to spend an additional $10 million to expand services at its state-of-the-art Memphis areas distribution center as part of plans to enhance offerings at the 10-year old facility, according to company executives. The increased investment at the facility, which employs about 300 workers, was announced earlier this month at a celebration…

Digi-Key Reports Surging Europe Sales

Global electronic components distributor Digi-Key Corporation, the industry leader in electronic component selection, availability and delivery, today announced exceptionally strong growth in Europe, averaging 26-percent growth year-over-year across the entire region. The company attributes this rapid sales growth to its continued global expansion of local sales and support resources and the strength of its next…

Richardson RFPD Reduces Pricing for NX-Series IGBTs

LaFox, Ill. – Richardson RFPD, Inc. announced today reduced pricing on the latest NX-Series of insulated-gate bipolar transistors from Powerex, Inc. The devices are being offered at a ten-percent discount for a limited time. The six IGBTs use the 6.1 CSTBT chip, which offers significantly lower losses compared to competing chip technologies. When compared with an aluminum nitride ceramic…

SMIC, ASML Sign Volume Purchase Agreement

Shanghai — Semiconductor Manufacturing International Corporation (“SMIC”; NYSE: SMI; SEHK: 981) the largest and most advanced pure-play foundry provider in China,  and ASML Holding N.V. (“ASML”), the world’s leading provider of lithography systems, announce the signing of a volume purchase agreement (VPA) that will provide SMIC with lithography systems from ASML. The VPA which is worth approximately450…