TE Connectivity Recognizes Top Distributors

TE Connectivity (NYSE: TEL), a world leader in connectivity, presented its 2013 Electronic Distributor Awards during its recent Global Distribution Summit in Los Angeles, CA.  These annual awards recognize TE’s highest-performing distribution partners based on sales and market share growth, business plan performance and customer satisfaction.TE presented the 2013 Electronic Global Distributor of the Year…

Omron Opens Center in India

After the successful launch of its four Automation Centers (ATCs) across the world, OMRON Automation, part of OMRON Corporation Japan – a global leader in automation technology – opened its fifth ATC in Mumbai, India, on April 22. The center, the first in India, was inaugurated by the company’s key leaders from the industrial automation…

Sanmina Reports Flat Q2

Sanmina Corporation (“Sanmina” or the “Company”) (NASDAQ GS: SANM), a leading integrated manufacturing solutions company, today reported financial results for the second fiscal quarter ended March 29, 2014. Second Quarter Fiscal 2014 Summary Revenue of $1.48 billion GAAP operating margin of 3.1 percent GAAP diluted earnings per share of $0.24 Non-GAAP(1) operating margin of 3.6…

Contour Semiconductor Names CEO

Contour Semiconductor, Inc., a provider dedicated to producing the world’s lowest-cost, high-volume, non-volatile memory chips, today announced that it has appointed veteran semiconductor industry executive Saul Zales as Chief Executive Officer. Zales will lead Contour’s development of next generation non-volatile chips, addressing the $25 billion NAND flash memory market opportunity with a technology that is…

Rambus Q1 Sales Increase

Rambus Inc. (NASDAQ:RMBS), the innovative technology solutions company that brings invention to market, today reported financial results for the first quarter ended March 31, 2014. GAAP Financial Results: Revenue for the first quarter of 2014 was $78.3 million, up 7% on a sequential basis from the fourth quarter of 2013 primarily due to increased revenue…