Former Avnet Exec Jim Smith Dies

A Message from Rick Hamada, Chief Executive Officer, Avnet, Inc. It is with sadness that I report to you that one of our former Avnet Executive Board members, Jim Smith, passed away this morning after losing his battle with a serious illness. As many of you know, Jim recently retired from Avnet and was an…

Details

Intel, Motorola Have Mobility Partnership

LAS VEGAS — Intel Corporation and Motorola Mobility, Inc. (NYSE:MMI) announced that the two companies were entering into a multi-year, multi-device strategic relationship that includes smartphones which Motorola will begin shipping later this year using Intel® Atom™ processors and the Android™ platform. The collaboration, which also covers tablets, will combine Intel’s leadership in silicon processor…

Details

Apple’s Next Big Thing Will Be Huge

If your company has been going up against {complink 379|Apple Inc.} in the smartphone, tablet PC, or digital music player markets, be very afraid. Apple's return salvo may catch you completely by surprise. The company has been too quiet recently. Ominously quiet. The silence can only mean one thing: Apple will come out soon with…

Details

Raltron, CCI Sign Distribution Deal

MIAMI — It was announced today that Raltron Electronics Corp., Miami FL had completed an agreement appointing CCI-Commodity Components International, as an authorized Raltron distributor throughout the globe. In announcing this appointment, Sasha Wolloch, Raltron President, comments, ”Our agreement with CCI , a distributor with offices strategically located around the world marketplace, provides Raltron with…

Details

Renesas Names Sebt President & CEO

SANTA CLARA, Calif. — Renesas Electronics America Inc. today named Ali Sebt president and chief executive officer. Sebt, a 20-year Renesas veteran, succeeds outgoing president and CEO Daniel Mahoney, who has retired from the company. Sebt joined Renesas Electronics America (formerly Hitachi Semiconductor America) in 1991 and most recently served as the company’s chief operating…

Details

IBM, Globalfoundries Have Manufacturing Pact

SARATOGA COUNTY, N.Y. — GLOBALFOUNDRIES and IBM (NYSE: IBM) today announced an agreement to jointly manufacture advanced computer chips at both companies’ semiconductor fabs in New York’s “Tech Valley.” The new products recently began initial production at IBM’s 300mm fab in East Fishkill and GLOBALFOUNDRIES’ Fab 8 in Saratoga County, and are planned to ramp…

Details

Philips Slammed by Europe, Inventory Woes

{complink 4267|Royal Philips Electronics N.V.} won't hit its sales and profit targets for the fourth quarter. This clearly confirms that Europe's economic malaise will hurt its leading electronics makers and possibly the entire industry. The Amsterdam company, which has extended interests in the consumer lighting, healthcare equipment, and domestic appliance markets, said in a press…

Details