Axelsys Joins Digi-Key’s Network

THIEF RIVER FALLS, Minn. — Electronic components distributor Digi-Key Corporation, recognized by design engineers as having the industry's broadest selection of electronic components available for immediate shipment, today announced the addition of Axelsys to its listing of design firms on Digi-Key's Design Services Providers online resource. “We are excited about our newly launched Design Services…

Details

FZLED Goes Global

TAIPEI, Taiwan — FZLED, a sub-division of the thermal and metal products manufacturer FZTech Inc., is announcing their plans to enter multiple international markets around the world and begin offering several lines of high-performance LED products to consumers. Receiving ISO-9001:2008 certification in November, 2010, FZLED is already turning heads with their innovative products like their…

Details

Cree Reports Q3

DURHAM, N.C. — Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $219.2 million for its third quarter of fiscal 2011, ended March 27, 2011. This represents a 6% decrease compared to revenue of $234.1 million reported for the third fiscal quarter last year and a 15% decrease compared to…

Details

Amphenol Reports Q1

WALLINGFORD, Conn. — Amphenol Corporation (NYSE:APH) reported today first quarter 2011 diluted earnings per share of $.72 compared to $.56 per share for the comparable 2010 period. Such per share amount for the 2010 period included a $.01 one-time benefit from a reduction in tax expense for tax reserve adjustments relating to the completion of…

Details

Altatech Signs Singapore Distributor

MONTBONNOT, France — Extending its reach into Asia's growing semiconductor markets, capital equipment supplier Altatech Semiconductor S.A. has signed QES Singapore Pte. Ltd. as its sales, installation and field service partner in Singapore. Part of the QES Group, QES Singapore has begun representing Altatech Semiconductor's AltaSight® wafer-inspection systems and liquid-precursor AltaCVD® products with prospective and…

Details

Increased Chip Production on China’s Mind

China is tired of playing second fiddle in the semiconductor market. Although it is the world's biggest market for chips, China produces far fewer semiconductors locally than are used in the country by equipment manufacturers and electronics manufacturing services providers. That's about to change. Although Western governments worried about the transfer of critical dual-use (business-military)…

Details

Seagate Roars Back With Samsung HDD Purchase

{complink 4842|Seagate Technology LLC} had to respond, smartly and forcefully, to Western Digital's $4.3 billion purchase of Hitachi Global Storage Technologies in March. (See Western Digital-Hitachi Deal Adds to Pressure on Seagate.) It did, today, with the announcement of a deal to acquire the hard disk drive business of {complink 4751|Samsung Electronics Co. Ltd.} for…

Details

Linear Technology Reports Q3

MILPITAS, Calif. — Linear Technology Corporation (NASDAQ:LLTC), a leading, independent manufacturer of high performance linear integrated circuits, today reported financial results for the quarter ended April 3, 2011. Quarterly revenues of $353.2 million for the third quarter of fiscal year 2011 decreased $30.4 million or 8% from the previous quarter’s revenue of $383.6 million and…

Details

IBM Reports Q1

ARMONK, N.Y. — IBM (NYSE: IBM) today announced first-quarter 2011 diluted earnings of $2.31 per share, compared with diluted earnings of $1.97 per share in the first quarter of 2010, an increase of 17 percent. Operating (non-GAAP) diluted earnings were $2.41 per share, compared with operating diluted earnings of $2.00 per share in the first…

Details

Intel Achieves Record Results

SANTA CLARA, Calif. — Intel Corporation today reported record EPS and revenue on both a GAAP and non-GAAP basis. On a non-GAAP basis, revenue was $12.9 billion, operating income was $4.3 billion, net income was $3.3 billion, and EPS was 59 cents. On a GAAP basis, the company reported first-quarter revenue of $12.8 billion, operating…

Details