ON Semi Posts Year-End Results

PHOENIX — ON Semiconductor Corporation (Nasdaq: ONNN) today announced that total revenues in the fourth quarter of 2010 were $579.2 million, a decrease of approximately 4 percent from the third quarter of 2010. During the fourth quarter of 2010, the company reported GAAP net income of $61.0 million, or $0.14 per fully diluted share. The…

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Avnet Expert to Present at DesignMED

PHOENIX — As the complexity of medical devices has increased, the process of software validation has become a correspondingly intensive process for medical device designers. Avnet (NYSE: AVT) microcontroller and security technologies expert Jim Carver illustrates how utilizing the latest technology can lessen the time spent on de-bugging and validating system software in his presentation…

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Belden Reports Q4

ST. LOUIS — Belden Inc. (NYSE: BDC), a global leader in signal transmission solutions for mission critical applications, today reported fiscal fourth quarter and full year 2010 results for the period ended December 31, 2010. Fourth Quarter 2010 Revenue for the quarter totaled $425.2 million, up $50.5 million or 13% compared to $374.7 million in…

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Kemet Reports Q3

GREENVILLE, S.C. — KEMET Corporation (NYSE: KEM) today reported preliminary results for the third fiscal quarter ended December 31, 2010. Net sales for the quarter ended December 31, 2010 were $264.7 million, which is a 32.4% increase over the same quarter last fiscal year and a 6.5% increase over the prior fiscal quarter ended September…

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Arrow Distributes SiTime MEMS Solutions

MELVILLE, N.Y. — Arrow Electronics, Inc. (NYSE: ARW) has signed a global distribution agreement with SiTime Corporation, a leader in MEMS-based silicon timing solutions. Under the agreement, Arrow will distribute SiTime’s complete portfolio of MEMS-based oscillators and clock generators to customers in the Americas, Europe, Middle East, Africa and Asia-Pacific regions. “Arrow brings best-in-class engineering…

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Highlights From Arrow’s Earnings Call

Earnings results from global distributors continue to support growth expectations in electronics components demand through the first quarter. On Wednesday, {complink 453|Arrow Electronics Inc.} posted record revenues of $5.2 billion for its fourth quarter ended in December, a milestone for the global distributor. (See: Arrow Electronics Reports Record Q4.) As global distributors such as Arrow…

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Benchmark Closes Fiscal Year

ANGLETON, Texas — Benchmark Electronics, Inc. (NYSE: BHE), a leading contract manufacturing provider, announced sales of $627 million for the quarter ended December 31, 2010, compared to $600 million for the same quarter in the prior year. The Company reported fourth quarter net income of $19 million, or $0.31 per diluted share. In the comparable…

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Gordon Hunter Joins CTS Board

ELKHART, Ind. — CTS Corporation (NYSE: CTS) announced that effective today Gordon B. Hunter has been elected to its Board of Directors. Mr. Hunter is the Chairman, President and Chief Executive Officer of Littelfuse, Inc. (NASDAQ: LFUS) and currently sits on the Board of Veeco Instruments Inc. (NASDAQ: VECO). Mr. Hunter’s background and experience as…

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FedEx Enhances Inventory Logistics

MEMPHIS, Tenn. — FedEx SupplyChain, a subsidiary of FedEx Corp. (NYSE: FDX), today announced significant enhancements to its FedEx Critical Inventory Logistics® service. FedEx Critical Inventory Logistics is a comprehensive, end-to-end solution designed to optimize the management of critical inventory and service parts distribution and returns process. It incorporates a hub based central stocking location…

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