Long-Term Agreements Aren’t Always Best

My caution light is flashing. {complink 379|Apple Inc.} committed to spend $3.9 billion over the next two years with several advanced LCD manufacturers. In the release of its first quarter results, Apple's COO, Tom Cook, stated that the company had executed long-term agreements (LTAs) with multiple vendors to guarantee availability of advanced LCD panels for…

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Analog Posts Q1

NORWOOD, Mass. — Analog Devices, Inc. (NYSE: ADI), a global leader in high-performance semiconductors for signal processing applications, today announced financial results for the first quarter of fiscal 2011, which ended January 29, 2011. “ADI delivered solid results in the first quarter, with revenue that was in line with our expectations. Our profitability remained strong…

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Broadcom & ARM Sign License Agreement

IRVINE, Calif. and CAMBRIDGE, UK — Broadcom and ARM today announced the signing of a broad reaching license agreement, enabling Broadcom to access the entire range of ARM processors, from the smallest, lowest-power ARM® Cortex™-M0 processor, through to the newly introduced, high-performance Cortex-A15 MPCore™ application processor and beyond. As part of this long-term agreement Broadcom…

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FedEx Lowers Guidance

MEMPHIS, Tenn. — FedEx Corporation (NYSE: FDX) today announced third quarter earnings have been negatively impacted by an estimated $0.25 per diluted share due to loss of revenue and increased expenses resulting from severe winter storms and higher-than-expected fuel prices. The company now expects as-adjusted earnings, excluding FedEx Freight combination costs, of $0.70 to $0.90…

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China Costs Prompt Price Hikes

Increased labor costs in China are now having an impact on component pricing in the US. Today, Philadelphia-based Pulse Electronics announced plans to increase component prices in the coming weeks. “The price increases are necessitated by higher minimum wage rates that will take effect in many provinces in China in March, as well as rising…

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Kemet Unveils Defense Capacitors

GREENVILLE, S.C. — Kemet Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, today announced new DSCC (Defense Supply Center, Columbus) qualified tantalum surface mount capacitors for defense and aerospace applications. “DSCC qualification for our T493 Series is key for military and aerospace customers requiring this approval and demonstrates…

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Farnell Wins Gold

LONDON — Farnell, the leading multi-channel distributor, has won the 2011 EMEA Best in Class Gold Distribution award from Honeywell Sensing and Control (S&C), the global technology and manufacturing leader, serving customers worldwide with sensor, switch and test and measurement products. The award, presented at S&C’s 2011 Europe, Middle East and Africa Sales Kick Off…

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