Avago Technologies Updates Board

SAN JOSE, Calif. & SINGAPORE — Avago Technologies Limited (Nasdaq:AVGO), a leading supplier of analog interface components for communications, industrial and consumer applications, today announced that James A. Davidson, David M. Kerko and Bock Seng Tan have tendered their resignations from its board of directors (the “Board”), effective March 9, 2011. The departure of these…

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Element14 Stocks Würth Common Line Filters

SINGAPORE — element14 (formerly Farnell), the industry’s first fusion of commerce and community supporting millions of engineers and purchasing professionals worldwide, today offers electronic design engineers and purchasing professionals across the Asia Pacific region the industry’s high reliability and high performance common mode line filter series from Würth Electronik, the world’s leading provider for RF…

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Tyco Electronics Is Now TE Connectivity

SCHAFFHAUSEN, Switzerland — Tyco Electronics Ltd. (NYSE: TEL) received shareholder approval at yesterday's Annual General Meeting to change the company name to TE Connectivity Ltd. The name change is subject to Swiss regulatory approval, which the company expects to receive by March 25, 2011. The NYSE ticker symbol (TEL) will remain the same. (Logo: http://photos.prnewswire.com/prnh/20110310/PH62357LOGO…

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Rising China Wages, Inflation Threaten OEM Margins

Annual double-digit wage increases are becoming the norm in China, especially in fast-growing urban production centers where local and foreign manufacturers are battling rapid employee turnover and finding it increasingly difficult to recruit and retain skilled and semi-skilled workers. The rising wage problem has become acute in some industries, including high-tech and automotive, due to…

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Nortech Reports Q4

MINNEAPOLIS, Minn. — Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), today reported net sales of $27.4 million for the fourth quarter ended December 31, 2010, a 38 percent increase over net sales of $19.8 million for the fourth quarter of 2009. Operating income was $253,248 for the fourth…

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SMTC Reports Q4

TORONTO — SMTC Corporation (Nasdaq: SMTX) (TSE: SMX), a global electronics manufacturing services provider, today reported 2010 fourth quarter unaudited results. Revenue for the quarter was $64.6 million; $13.4 million or 26.2% higher compared with $51.2 million in the fourth quarter of 2009 and marginally lower than the 2010 third quarter. Net income for the…

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Avnet Offers Aras Power Solutions

PHOENIX, Ariz. — Avnet Electronics Marketing Americas, a business region of Avnet, Inc. (NYSE: AVT), announced today that it now carries the complete line of off-the-shelf AC/DC and DC/DC power solutions, as well as custom power supply solutions from Aras Power Technologies. Aras Power Technologies’ line will be available at http://www.em.avnet.com/mgw/aas. Aras Power Technologies’ line…

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