SMSC Posts Q3

HAUPPAUGE, N.Y. — SMSC (NASDAQ: SMSC) today announced financial results for its third quarter of fiscal 2011, ended November 30, 2010. Highlights for the third quarter of fiscal 2011: • Record revenue of $107.0 million, • Record Automotive market revenue of $19.1 million, • Non-GAAP diluted earnings per share of $0.52. Total revenue for the…

Details

RFMW Opens in Europe

SAN JOSE, Calif. — RFMW, Ltd. announces the opening of direct sales and distribution offices in Europe. RFMW is a specialized distributor that uniquely provides customers and suppliers with focused distribution of RF/microwave components as well as customer specific component engineering support. These direct sales offices allow RFMW to quickly and effectively introduce products from…

Details

API Merges With SenDEC

NEW YORK and ORLANDO, Fla. — API Technologies Corp. (OTC Bulletin Board: ATNYD) (“API” or the “Company”), a provider of secure communications, electronic components and subsystems to the global defense and aerospace industries, has signed a definitive merger agreement with Vintage Capital Management LLC (“Vintage”) to acquire SenDEC Corporation (“SenDEC”), a leading defense electronics manufacturing…

Details

World Micro Adds CFO

ATLANTA — Georgia-based electronic components distributor, World Micro, Inc., announced today that it has appointed Ms. Teri McAlpin to serve as the company's chief financial officer. Her primary role will be in building financial strategies, metrics tied to the financial and overall corporate strategies, developing and monitoring corporate risk and control systems, and accurate financial…

Details

SMSC to Acquire Conexant

HAUPPAUGE, N.Y., and NEWPORT BEACH, Calif. — SMSC (NASDAQ: SMSC), a leading semiconductor company providing Smart Mixed-Signal Connectivity™ solutions, and Conexant Systems, Inc. (NASDAQ: CNXT), a leading supplier of innovative semiconductor solutions for imaging, audio, embedded modem, and video surveillance applications, today announced the signing of a definitive agreement under which SMSC will purchase all…

Details

Ramtron Provides 2010 Guidance

COLORADO SPRINGS, Colo. — U.S. semiconductor maker Ramtron International Corporation (Nasdaq: RMTR), a leading developer and supplier of ferroelectric-based low-power memory and integrated semiconductor products, today provided an update of its foundry transition and guidance for full-year 2010 revenue and GAAP net income. “During the fourth quarter, we continued to advance the IBM foundry transition…

Details

FedEx Adds New India Flights

DELHI — FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world's largest express transportation company, today announced the launch of a new flight establishing direct connections between India and the FedEx Asia Pacific hub at Baiyun International Airport, Guangzhou, Southern China. The new flight will offer Indian businesses the benefit of significant…

Details

Return of Fiber Good News for Components Biz

Despite the benefits of fiber optic networking, widespread implementation of the technology hasn't occurred as quickly as many expected. Fiber optics have been adopted by the telecom industry in long-haul applications, but wide market adoption in additional market segments has stumbled, due primarily to expense. However, demand for more and faster data access is spurring…

Details

Technology Implications of Supply Chain Segmentation

Companies achieving best-practice in supply chain segmentation management are twice as likely to be top service performers and two-and-a-half times as likely to be top inventory performers, while keeping the cost of this additional flexibility under control. This article will review how successful companies define supply chain segmentation and the varying criteria that fall under…

Details