Maxim Sets Revenue Mark

SUNNYVALE, Calif. — Maxim Integrated Products, Inc. (Nasdaq:MXIM) reported record net revenue of $626.5 million for its fiscal 2011 fourth quarter ended June 25, 2011, a 3% increase from the $606.8 million revenue recorded in the prior quarter. Tunc Doluca, President and Chief Executive Officer, commented, “Fiscal year 2011 was a great year for Maxim.…

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Cooper Buys Martek Power

DUBLIN — Cooper Industries plc (NYSE: CBE) today announced the acquisition of Martek Power (“Martek”), a manufacturer of power electronic components for approximately euro 130 million (inclusive of assumed debt). Martek specializes in the manufacture of highly specialized power management devices for the military, heavy-duty transportation, aerospace, medical, telecom and hybrid/electrical vehicle markets. Martek will…

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Samsung Unveils Q2 Results

SEOUL, Korea — Samsung Electronics Co., Ltd. today announced revenues of 39.44 trillion Korean won on a consolidated basis for the second quarter ended June 30, 2011, a 4-percent increase year-on-year. For the quarter, the company posted consolidated net income of 3.51 trillion won, representing an 18-percent decrease year-on-year. Consolidated operating profit for the quarter…

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Mitsubishi Electric Posts 1Q12 Figures

TOKYO — Mitsubishi Electric Corporation (TOKYO:6503) announced today its financial results for the first quarter ending June 30, 2011, of the current fiscal year ending March 31, 2012 (fiscal 2012). Management conditions during the first quarter of fiscal 2012 experienced a trend of recovery owing to ongoing buoyancy in demand for capital expenditures mainly in…

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MaxLinear Posts Q2 Results

CARLSBAD, Calif. — MaxLinear, Inc. (NYSE: MXL), a provider of highly integrated, radio-frequency (RF) and mixed-signal integrated circuits for broadband communications applications, today announced financial results for the second quarter ended June 30, 2011. Generally Accepted Accounting Principles (GAAP) Results Net revenue for the second quarter of 2011 was $18.1 million, an increase of 7…

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Central Europe: Where Opportunities Equal Challenges

Significant sales opportunities exist in Central and Eastern Europe for medical equipment manufacturers as the region begins to evaluate the advantages of integrating and expands its IT-based services into health care delivery and implementation programs, according to a new research report from {complink 7014|IDC}. This is good news for electronics component vendors in the medical…

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Belden Earnings Rise 60%

ST. LOUIS — Belden Inc. (NYSE: BDC), a global leader in signal transmission solutions for mission critical applications, today reported fiscal second quarter 2011 results for the period ended July 3, 2011. Revenue for the quarter totaled $536.3 million, up $125.7 million or 31% compared to $410.6 million in the second quarter 2010. Income from…

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