Qualcomm (Nasdaq: QCOM) today confirmed it has received a decision from the European Commission (EC) relating to an expired agreement between Qualcomm and Apple Inc., which was in effect from 2011 through 2016, for the pricing of modem chips. The EC alleges that certain provisions of this agreement were in violation of European Union competition…
DetailsIPC — Association Connecting Electronics Industries® announced today the December 2017 findings from its North American Printed Circuit Board (PCB) Statistical Program. Positive year-over-year shipment and order growth continued in December. Due to a sharp increase in orders in December, the book-to-bill ratio climbed to 1.15. Total North American PCB shipments in December 2017 were up…
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Lower than expected demand for smartphones is putting the brakes on price increases for mobile DRAM in the first quarter of 2018 but it may not last. Contract prices for mobile DRAM are forecast to rise by only three percent in the first quarter of 2018, according to DRAMeXchange, a research division of TrendForce. However, a rollout…
DetailsAvnet, Inc. (NYSE:AVT) today announced results for the second quarter ended December 30, 2017. Second Quarter Results Sales of $4.5 billion were at the high end of our guidance Sales increased 5.8% year over year Organic sales increased 1.9% in constant currency from the year ago quarter Diluted earnings per share (EPS) from continuing operations…
DetailsTTI, Inc., the leading global authorized distributor of electronic components, announced today the company has promoted Mike Morton, President, TTI Global Sales and Marketing, to the position of Chief Operating Officer, TTI, Inc. In making the announcement, Paul Andrews, TTI CEO, made these comments, “Mike joined TTI in 1978, and has been involved in all…
DetailsHeilind Electronics, a leading global distributor of electronic components and authorized distributor for HARTING, has expanded its selection of industrial interconnects with the company’s DIN 41 612 connectors and accessories — the widest range available on the market today. Because of their flexibility, HARTING DIN 41 612 connectors have become widely accepted for board-to-board and…
DetailsNew Yorker Electronics, a global electronic components distributor for 70 years, has announced it will now be a distributor for MoxiE Inductor Corporation. MoxiE Inductor Corporation is a manufacturer of inductors, chokes, coils, LAN magnetics, and transformers. MoxiE offers a vast inventory of power and transformer products used in lighting, professional audio, computing, industrial electronics, defense and power…
DetailsAnaren, Inc. and Atmosphere IoT Corp. today jointly announced the divestiture of key assets and agreements of Anaren’s IoT Group to its management team, which recently formed Atmosphere IoT Corp. Terms of the deal, which closed January 2nd, were not disclosed. The divestiture is being made as part of the previously announced sale of Anaren,…
DetailsFusion Worldwide, a leading open market electronic components distributor, surpassed its 2017 goals across the board, generating over $525 million in revenue and making 2017 the company’s most successful year to date. Fusion Worldwide also experienced increases in both its workforce and customer base, prompting office moves in two key locations as well as two major warehouse…
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Demand for LCD panels from South Korean and Chinese TV makers is forecast to slowdown in the first quarter of 2018, according to market analysts. Slower demand is attributed to a traditionally slow season at the start of a new year and some demand pulled into the fourth quarter of 2017 to prepare for holiday…
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