Yet another manufacturing survey this month has warned that increasing commodity prices are a serious threat to growth prospects in the US economy. More than half (66 percent) of the respondents in a national survey of US manufacturing CFOs and senior controllers conducted by
MELVILLE, N.Y. — Arrow Electronics, Inc. (NYSE: ARW) today reported first-quarter 2011 net income of $136.3 million ($1.18 and $1.16 per share on a basic and diluted basis, respectively) on sales of $5.22 billion, compared with net income of $87.0 million ($.72 and $.71 per share on a basic and diluted basis, respectively) on sales…
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The inevitable job cuts have started at Nokia. The Finnish mobile phone company plans to reduce payroll by 4,000 by the end of 2012 and reassess the roles of its various research and development plans, with the possibility many of these may be shuttered as part of its cost reduction efforts. As part of the…
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GREENSBORO, N.C. — RF Micro Devices, Inc. (Nasdaq GS: RFMD), a global leader in the design and manufacture of high-performance radio frequency components and compound semiconductor technologies, today reported financial results for its fiscal 2011 fourth quarter, ended April 2, 2011. RFMD's March 2011 quarterly revenue declined approximately 18% year-over-year and approximately 23% sequentially to…
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IRVINE, Calif. — Broadcom Corporation (Nasdaq: BRCM) today reported unaudited financial results for its first quarter ended March 31, 2011. Net revenue for the first quarter of 2011 was $1.82 billion. This represents a decrease in net revenue of 6.6% compared with the $1.95 billion reported for the fourth quarter of 2010 and an increase…
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SAN JOSE, Calif. — Altera Corporation (NASDAQ: ALTR) today announced first quarter sales of $535.8 million, down 4 percent from the fourth quarter of 2010 and up 33 percent from the first quarter of 2010. New product sales increased 13 percent sequentially. First quarter net income was $224.1 million, $0.68 per diluted share, compared with…
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LOWELL, Mass. — M/A-COM Technology Solutions (M/A-COM Tech) today announced that it has acquired privately-held Optomai, Inc. Optomai is a fabless semiconductor company that develops high performance integrated circuits and modules for next generation 40 Gbps and 100 Gbps fiber optic networks. Based in Silicon Valley, California, Optomai’s product portfolio and expertise in GaAs and…
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IRVINE, Calif. — Broadcom Corporation (Nasdaq: BRCM), a global innovation leader in semiconductors for wired and wireless communications, today announced it has completed the acquisition of Provigent Inc., a leading provider of highly integrated, high performance, mixed signal semiconductors for microwave backhaul systems. In connection with the acquisition, Broadcom paid approximately $313 million, net of…
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FORT WORTH, Texas — Allied Electronics is now stocking JBX Series sealed and unsealed push-pull connectors by Souriau Connection Technology. JBX Series Push-Pull Connectors are suitable for high-reliability and high-quality applications where a simple yet fast method to connect/disconnect is required. The space-saving connectors are extremely fast and easy to use and offer a thousand…
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SINGAPORE — RS Components has today announced the release of DesignSpark PCB version 2, its free PCB design software package. Working in partnership with Number One Systems, new features in DesignSpark PCB include unique 3D visualisation of PCB layouts, and increased library management functionality. The upgraded version 2 software is free to download for new…
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