AMD Reports Q2

SUNNYVALE, Calif. — AMD (NYSE:AMD) today announced revenue for the second quarter of 2011 of $1.57 billion, net income of $61 million, or $0.08 per share, and operating income of $105 million. The company reported non-GAAP net income of $70 million, or $0.09 per share, and non-GAAP operating income of $114 million. “In the first…

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Amphenol Reports Q2

WALLINGFORD, Conn. — Amphenol Corporation (NYSE:APH) reported today second quarter 2011 diluted earnings per share of $.85 compared to $.74 per share for the comparable 2010 period. Such per share amount for the 2011 quarter includes an $18 million ($11 million after tax), or $.06 per share gain related to the adjustment of a contingent…

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Richardson Electronics Reports Q4

LAFOX, Ill. — Richardson Electronics, Ltd. (NASDAQ: RELL) today reported sales and earnings for its fourth quarter and fiscal year ended May 28, 2011. The Company also announced that its Board of Directors increased its share repurchase authorization and declared a $.05 quarterly cash dividend. Read the full press release. Richardson Electronics, Ltd.

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FedEx Launches Ocean Choices Portfolio

MEMPHIS, Tenn. — FedEx Trade Networks, a subsidiary of FedEx Corp. (NYSE: FDX) and growing international ocean and air freight forwarder, announced today that it is now offering three distinct international ocean freight forwarding solutions via its new ocean choices portfolio. By offering three solutions, FedEx Trade Networks has enabled customers to choose and implement…

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PMC-Sierra Reports Q2

SUNNYVALE, Calif. — PMC-Sierra, Inc., (Nasdaq:PMCS) or PMC, the semiconductor innovator transforming storage, optical and mobile networks, today reported results for the second quarter ended June 26, 2011. Net revenues in the second quarter of 2011 were $171.0 million, a sequential increase of 9% compared with $157.4 million in the first quarter of 2011, and…

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Death, Taxes & Fuel Surcharges

Benjamin Franklin said that the only certainties in life were death and taxes. I think if he were alive today and working in the electronics supply chain, he might add fuel surcharges to the list. Based on anecdotal evidence, it is estimated that fuel surcharges account for 15 percent to 30 percent of an average…

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Materials Pressures Easing

There are indications that ongoing supply pressure on materials used in the manufacturing of passive components is beginning to ease. Nevertheless, materials suppliers are working at full capacity in an effort to maintain a steady stream of materials and bolster company profits. Despite component makers' expectations that third-quarter demand will be soft, Asian trade journal…

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Small Cubes, Giant Savings

You can learn something new every day if you pay attention to the little things. In the case of shipping, logistics, and warehouse management, these small details could translate into big savings and major environmentally friendly efficiencies. I realize I may be preaching to the choir with this topic, but I thought a conversation that…

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