FedEx Enhances Global 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 customers worldwide can now track the status of orders, shipments and inventory levels by simply logging into a web application on fedex.com. For added flexibility, order placement and…

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Avnet to Sell Emerson in Europe

POING, Germany — Avnet Embedded EMEA, an Avnet, Inc. (NYSE:AVT) company, has agreed on a pan-European distribution relationship with Emerson Network Power, a business of Emerson and the global leader in enabling Business-Critical Continuity™. Under this agreement, Avnet Embedded is authorised to sell and support the Emerson Network Power range of embedded computing standard and…

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STMicroelectronics Ends Fiscal Year

PARIS — STMicroelectronics (NYSE: STM) reported financial results for the fourth quarter and full year ended December 31, 2010. President and CEO Carlo Bozotti commented, “ST had a very strong finish to the year. Our fourth quarter revenues came in near the top end of our range, increasing 6.6% sequentially on broad-based strength in analog,…

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TI Reports Q4

DALLAS — Texas Instruments Incorporated (TI) (NYSE: TXN) today announced fourth-quarter revenue of $3.53 billion, net income of $942 million and earnings per share of 78 cents. Earnings per share included 14 cents from the combination of the gain on the sale of a product line and a tax benefit that was primarily associated with…

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PLX Technology Closes Q4

SUNNYVALE, Calif. — PLX Technology, Inc. (NASDAQ: PLXT), a leading global supplier of software-enriched silicon for the enterprise and consumer markets, today announced fourth quarter revenues of $27.8 million and a net loss of $7.6 million, or $0.17 per share (diluted).For 2010, the company reported revenue of $116.6 million and a net loss of $3.3…

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ISSI to Acquire Si En

SAN JOSE, Calif. — Integrated Silicon Solution, Inc. (Nasdaq: ISSI) today announced that it has signed a definitive agreement to acquire Si En Integration Holdings Limited (“Si En”), a privately held fabless provider of high performance analog and mixed signal integrated circuits headquartered in Xiamen, China. Si En targets the mobile communications, digital consumer, networking,…

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Sanmina-SCI Posts Q1 Returns

SAN JOSE, Calif. — Sanmina-SCI Corporation (“Sanmina-SCI” or the “Company”) (Nasdaq: SANM), a leading global Electronics Manufacturing Services (EMS) company, today reported financial results for the first fiscal quarter ended January 1, 2011. First Quarter Fiscal 2011 Highlights • Revenue of $1.66 billion • Non-GAAP operating margin of 4.2 percent • Non-GAAP diluted earnings per…

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