Highlights From Avnet’s Earnings Call

The technology supply chain continues to approach what distributors see as more “normal” levels as supply, backlogs, inventories, and leadtimes are managed effectively, according to Roy Vallee, CEO of {complink 577|Avnet Inc.}. Avnet reported record sales of $6.8 billion for its fiscal quarter ended Jan. 1, an increase of 40 percent year-over-year. With pro forma…

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Varian Reports on Q1

GLOUCESTER, Mass. — Varian Semiconductor Equipment Associates, Inc. (“Varian Semiconductor”) (NASDAQ: VSEA) today announced results for its fiscal year 2011 first quarter ended December 31, 2010. Revenue for the first quarter of fiscal year 2011 totaled $282.6 million, compared to revenue of $141.3 million for the same period a year ago. Varian Semiconductor recorded net…

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Lattice Reports Full Year Results

HILLSBORO, Ore. — Lattice Semiconductor Corporation (NASDAQ: LSCC) today announced financial results for the fourth quarter and fiscal year ended January 1, 2011. For the fourth quarter, revenue was $73.1 million, a decrease of 5% from the $77.1 million reported in the prior quarter, and an increase of 33% from the $55.1 million reported in…

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Omron Closes Q3

TOKYO — OMRON Corporation (TOKYO:6645)(ADR:OMRNY) today reported consolidated performance for the third quarter of fiscal 2010, ending March 31, 2011. Consolidated net sales for the nine months ended December 31, 2010 increased 21.8 percent compared with the same period of the previous fiscal year to JPY 451,311 million due to the implementation of measures including…

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RS Opens in Kuala Lumpur

KUALA LUMPUR, Malaysia — RS Components (RS), the world's largest high service distributor of electronics and maintenance products and the trading brand of Electrocomponents plc, today announced the opening of a new office in Subang Jaya, Selangor, Kuala Lumpur. This is the latest announcement to come in a slew of expansion plans for RS Malaysia,…

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World Micro Names Quality Manager

ATLANTA — Georgia-based electronic components distributor, World Micro, Inc., announced today that it has appointed Gary Beckstedt to serve as the company's quality manager, heading the company's Atlanta headquarters quality department. Beckstedt's role will be to coordinate all quality programs and processes in Atlanta, including ISO standards programs, ESD programs, inspection and counterfeit detection, personnel…

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PMC-Sierra Posts Q4

SUNNYVALE, Calif. — PMC-Sierra, Inc. (Nasdaq:PMCS), the premier Internet infrastructure semiconductor solution provider, today reported results for the fourth quarter and year ended December 26, 2010. Net revenues in the fourth quarter of 2010 were $159.3 million, compared with $139.5 million in the fourth quarter of 2009 and $162.3 million reported in the third quarter…

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Wesco Posts Q4

PITTSBURGH — WESCO International, Inc. (NYSE: WCC), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, today announced its 2010 fourth quarter and full-year financial results. The following are results for the quarter-ended December 31, 2010 compared to the quarter-ended December 31,…

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Microchip Technology Posts Q3

CHANDLER, Ariz. — Microchip Technology Incorporated (NASDAQ: MCHP), a leading provider of microcontroller, analog and Flash-IP solutions, today reported results for the three months ended December 31, 2010. Consolidated net sales for the third quarter of fiscal 2011 were $367.8 million, down 3.8% sequentially from net sales of $382.3 million in the immediately preceding quarter,…

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