Samsung NA Names New President

Samsung Electronics Co., Ltd. today announced the appointment of Gregory Lee as President of the North America Headquarters (NAHQ) in addition to his role as President of Samsung Telecommunications America (STA) effective immediately. In his new role, Lee is responsible for overseeing Samsung businesses across all offices in North America which include Samsung Electronics America,…

Alliance Inks Global Pact With Digi-Key

Global electronic components distributor Digi-Key Corporation, the industry leader in electronic component selection, availability and delivery, today announced the signing of a global distribution agreement with Alliance Memory Inc., a worldwide provider of legacy memory products. Alliance Memory manufactures a complete line of SRAMs, including 3.3 V and 5 V fast asynchronous SRAMs with speeds…

Xilinx Sues Flextronics for Alleged Fraudulent Chip Resale

Xilinx Inc. has filed a lawsuit in a California court against Flextronics International Ltd., alleging the contract manufacturer resold chips it purchased from the semiconductor vendor at a premium to other customers. The FPGA manufacturer also charged Flextronics with dealing in “gray market and counterfeit” Xilinx products, according to the filing with the Superior Court…

CTS Names New Execs

CTS Corporation (NYSE: CTS) has appointed three new leaders to its senior leadership team. On November 11, 2013, CTS appointed Ashish Agrawal as Vice President and Chief Financial Officer, and Anthony Urban as Vice President and General Manager of CTS’ sensors and mechatronics business. CTS also appointed Robert J. Patton as Vice President, General Counsel…

Sager Adopts ECIA 2-D Barcoding

The Electronic Components Industry Association (ECIA) is pleased to announce the implementation of its two-dimensional (2-D) barcoding guideline by Sager Electronics. The 2-D guideline was developed by the association’s Electronic Components Council (ECC), comprised of association member representatives working jointly to develop standards for best practices. Sager Electronics, a leading North American distributor of IP&E…

Maxwell Inks Pact With SK Innovation

Maxwell Technologies, Inc.  has signed a Memorandum of Understanding with SK Innovation, a subsidiary of SK Holdings and Korea’s leading energy provider, to develop next generation energy storage solutions leveraging the complementary characteristics of SK’s lithium ion batteries and Maxwell’s ultracapacitors. The two companies will explore and identify global commercial opportunities for products that enable…

Emulex Reduces Workforce

Emulex Corp., a leader in network connectivity, monitoring and management, has implemented a restructuring plan designed to streamline business operations with the goal of driving long-term shareholder value. This restructuring plan is part of the three-part transformation initiative announced last month to improve profitability, increase cash flow and enhance shareholder value. The restructuring will include…