Nortech Sales Up 4% in 2013

Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), today reported net sales of $29.3 million for the fourth quarter ended December 31, 2013, a 17 percent increase compared with net sales of $25.0 million for the fourth quarter of 2012. Net sales for the 2013 fiscal year ended December…

Semtech Records Q4 Net Loss

Semtech Corporation (Nasdaq: SMTC), a leading supplier of analog and mixed-signal semiconductors, today reported unaudited financial results for its fourth quarter and fiscal year 2014, ended January 26, 2014. Net revenue for the fourth quarter of fiscal year 2014 was $126.5 million, down 16 percent from the fourth quarter of fiscal year 2013 and down…

ADI Ekes Out Small Q1 Sales Gain

Analog Devices, Inc. (NASDAQ: ADI), a global leader in high-performance semiconductors for signal processing applications, today announced financial results for its first quarter of fiscal year 2014, which ended February 1, 2014. “Our first quarter unfolded as we had expected,” said Vincent Roche, President and CEO. “We tightly managed operations and expenses, and kept factory…

SMIC Reports Double-Digit Growth in 2013

Shanghai — Semiconductor Manufacturing International Corporation (NYSE: SMI; SEHK: 981) (“SMIC” or the “Company”), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended December 31, 2013. Fourth Quarter 2013 Highlights: — Revenue including wafer shipments from Wuhan Xinxin was $491.8 million in 4Q13,…

Lenovo Q3 Sales Hit Record High

Lenovo Group today announced record results for its third fiscal quarter ended December 31, 2013, driven by strong global execution, an innovative product portfolio and an increasing mix of PC Plus revenues. Quarterly revenue was US$10.8 billion, a 15 percent increase year-over-year, passing the US$10 billion milestone for the first time ever. Third quarter profit…

Bel Fuse Posts Record 2013

Bel Fuse Inc. (NASDAQ:BELFA)(NASDAQ:BELFB) today announced preliminary unaudited financial results for the fourth quarter and 2013. Highlights Fourth Quarter: ● Net sales increased 26.8% to $91.0 million versus $71.8 million last year. ● Net earnings were $0.61 per Class A share and $0.65 per Class B share versus a net loss of $0.21 per Class…

Diodes Inc. 2013 Sales up 30.5%

Diodes Incorporated (Nasdaq: DIOD), a leading global manufacturer and supplier of high-quality application specific standard products within the broad discrete, logic and analog semiconductor markets, today reported its financial results for the fourth quarter and fiscal year ended December 31, 2013. Year 2013 Highlights Revenue increased to a record $826.8 million, an increase of 30.5…

Belden Bids for Grass Valley; Grows Revenue

Belden Inc. (NYSE: BDC), http://investor.belden.com a global leader in high quality, end-to-end signal transmission solutions for mission-critical applications, today reported fiscal fourth quarter and full year 2013 results for the period ended December 31, 2013. On its regularly scheduled earnings conference call, Belden will also discuss its offer to acquire privately held Grass Valley, a…