Flextronics Reports Q1

SINGAPORE — Flextronics (NASDAQ: FLEX) today announced results for its first quarter ended July 1, 2011 as follows: First Quarter Results Net sales for the first quarter ended July 1, 2011 increased $982 million or 15% to $7.5 billion compared to net sales for the quarter ended July 2, 2010 of $6.6 billion. Adjusted operating…

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WESCO International Reports Q2

PITTSBURGH, Pa. — WESCO International, Inc. (NYSE: WCC), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, today announced its 2011 second quarter financial results. Read the full press release. {complink 12845|Wesco International Inc.}

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Avnet & TI to Host Wireless Connectivity Workshops

PHOENIX, Ariz. — Starting July 28, 2011, Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), and Texas Instruments Incorporated (TI) will be demonstrating wireless connectivity capabilities with the assistance of TI’s eZ430-Chronos wireless watch development kit. This latest series of SpeedWay Design Workshops™ are being held in nearly 40 cities throughout North…

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Newark Stocks Wakefield LED Heat Sink Extrusions

CHICAGO, Ill. — Newark, a leading multi-channel, high-service electronics distributor in the Americas, announced today an exclusive stocking agreement for Wakefield Solutions’new LED heat sink extrusions. Wakefield and Bridgelux engineering teams worked together at Newark’s behest to design an optimal heat sink extrusion line which is compatible with all Bridgelux LEDs. While very efficient, LEDs…

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Names Can Be Phony, Too

What's in a name? Sometimes, the answer is: “More than we might think.” Consider the evolution of names and other terminologies in the world of automobile sales for example. First we had “used cars.” Then “pre-owned” and “previously owned.” Now, car dealers sell “certified pre-owned cars.” Yikes! Yes, these terms all refer to the same…

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Display Market Outsourcing Accelerates

Display-sourcing strategies are becoming clear, and not because screen resolution technology is any better. LG Display, according to reports in The Wall Street Journal, announced today its second-quarter net profit declined by 96 percent from a year ago. So recent moves by panel manufacturers {complink 5648|Toshiba Corp.} and {complink 4907|Sharp Electronics Corp.} are making sense:…

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Your Design Software May Be Pirated

There's a good chance the electronic design automation (EDA) program your engineers are using is illegal, and your company may not know it until the software vendor comes knocking on your door. Every year, the Business Software Alliance (BSA) comes out with numbers on software piracy. In May, for example, the BSA reported that PC…

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Acer to Acquire US-based iGware

TAIPEI, TAIWAN — Acer plans to acquire US-based iGware, a leading cloud technology company, for US$320M plus another US$75M for performance-based earn-out. With the objective of mid- to long-term investment, Acer will leverage iGware’s proven technology to establish its own cloud infrastructure, called Acer Cloud, to serve and benefit Acer customers, and enhance brand value.…

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Nokia Reports Q2

ESPOO, FINLAND — This is a summary of the second quarter 2011 interim report published today. The complete second quarter 2011 interim report with tables is available at http://www.nokia.com/results/Nokia_results2011Q2e.pdf. Investors should not rely on summaries of our interim reports only, but should review the complete interim reports with tables. Read the full press release. {complink…

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Cypress Reports Q2

SAN JOSE, Calif. — Cypress Semiconductor Corp. (NASDAQ:CY) today announced second-quarter 2011 results, which included the following highlights and remarks from its president and CEO, T.J. Rodgers. Q2 results at high end of guidance TrueTouch® exceeded expectations on strong mobile phone and tablet ramps Emerging Technologies Division achieved its first $10 million revenue quarter Cash…

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