Semtech Announces Layoffs

Semtech Corporation (Nasdaq: SMTC), http://www.semtech.com a leading supplier of analog and mixed-signal semiconductors, today announced a reduction in its workforce by approximately 6 percent as part of a previously announced restructuring effort that is expected to strengthen its focus and increase future operating efficiencies. As a result of these activities, the Company also expects to…

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Sanmina Sales Slip; Income Up

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 28, 2013. First Quarter Fiscal 2014 Summary Revenue of $1.45 billion GAAPoperating margin of 2.7 percent GAAP diluted earnings per share of $0.26 Non-GAAP(1) operating margin of 3.4 percent…

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STMicroelectronics Posts Loss

 STMicroelectronics (NYSE: STM), http://www.st.com,a global semiconductor leader serving customers across the spectrum of electronics applications, reported financial results for the fourth quarter and full year ended December 31, 2013. Fourth quarter net revenues totaled $2.01 billion, gross margin was 32.9%, and net loss was $0.04 per share. For the full year net revenues totaled $8.08…

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Actions Semi Posts Mixed Results

Actions Semiconductor Co., Ltd. (Nasdaq: ACTS) (“Actions Semiconductor” or “the Company”), one of China’s leading fabless semiconductor companies that provides comprehensive portable multimedia and mobile internet system-on-a-chip (SoC) solutions for portable consumer electronics, today reported its financial results for the fourth quarter and year ended December 31, 2013. All financial results are reported on a…

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Molex and Innovasic in Tech Agreement

Molex Incorporated and Innovasic have announced a strategic cooperation agreement focusing on PROFINET technologies. Molex software development kits (SDKs) are used by many manufacturers looking for connectivity solutions and the company offers PROFINET IO-Controller and IO-Device SDKs based on ANSI ‘C’ source code. Innovasic designs and produces ASIC solutions for industrial networking. Molex and Innovasic…

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