The headline on the IPC press release says it all: “Tulane University Study Finds Dodd-Frank Conflict Minerals Regulations to be One Hundred Times More Costly than SEC Estimate.” Tulane's estimate: $7.93 billion, versus the SEC estimate of $71.2 million. Ouch. It's not surprising that the SEC estimate is so low. Regulatory bodies have been low-balling…
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SAN JOSE, Calif. — Sanmina-SCI Corporation (“Sanmina-SCI” or the “Company”) (NASDAQ GS: SANM), a leading global Electronics Manufacturing Services company, today reported financial results for the fourth quarter and fiscal year ended October 1, 2011. Read the full press release. {complink 4773|Sanmina-SCI Corp.}
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SPOKANE VALLEY, Wash. — Key Tronic Corporation (Nasdaq:KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended October 1, 2011. For the first quarter of fiscal 2012, Key Tronic reported total revenue of $69.8 million, up 10% from $63.3 million in the same period of fiscal 2011. Net income…
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WHITE PLAINS, N.Y. — ITT Corporation (NYSE: ITT) today completed the previously announced spin offs of its Defense and Information Solutions business and its Water Technology and Services business. With the spin offs complete, ITT is now a $2 billion company with four businesses that deliver highly engineered and customized products and services to the…
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The consumer market is currently driving surging demand for tablet PCs, but the situation is about to change as enterprises, including manufacturers and services providers, increasingly adopt the device. As tablets go mainstream in schools and businesses, an intense fight for market share is brewing, and I expect many of the current suppliers will lose…
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SAN JOSE, Calif. — Atmel® Corporation (Nasdaq: ATML), a leader in microcontroller and touch solutions, today announced financial results for its third quarter ended September 30, 2011. Revenues for the third quarter of 2011 were $479.4 million, up slightly from $478.6 million for the second quarter of 2011, and an 8% increase compared to $444.3…
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NEWPORT BEACH, Calif. — Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today reported results for its fiscal fourth quarter of 2011, which ended on September 30, 2011. Read the full press release. {complink 3449|Mindspeed Technologies Inc.}
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SAN JOSE, Calif. — GigOptix, Inc. (OTCQB:GGOX), a leading fabless supplier of semiconductor and optical components that enable high speed information streaming, today announced its financial results for the third quarter and nine months ended October 2, 2011. For the third quarter of 2011, product revenue, which does not include government contract revenue, increased 43%…
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SHELTON, Conn. — TranSwitch Corporation (NASDAQ: TXCC), a leading provider of semiconductor solutions for the converging voice, data and video network, today announced financial results for the third quarter ended September 30, 2011. Net revenues for the third quarter of 2011 were approximately $6.7 million, as compared to net revenues of $7.1 million for the…
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In the current marketplace, every cost is being scrutinized, and every line item justified. Ever since the advent of activity-based costing (ABC) — a process that assigns a dollar value to every activity associated with a business transaction — anything that doesn't add value can be tagged and eliminated. This is a double-edged sword for…
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