China Costs Begin to Impair Results

We've been hearing in general terms that China's labor costs are increasing, and here's some data that shows just how much this is affecting business. Today, Hong Kong-based Global-Tech Advanced Innovations Inc. announced its financial results for the quarter ended September 30, 2010. Net sales for the second quarter of fiscal 2011 were US$25.0 million,…

Details

CB&I Chief Named to Arrow Board

THE WOODLANDS, Texas — CB&I (NYSE: CBI) announced that Philip K. Asherman, President and CEO of CB&I, has been named to Arrow Electronics’ board of directors. With over thirty years of industry experience, Asherman has served as CEO of CB&I since 2006, previously holding a series of executive level positions at the company since 2001.…

Details

Global-Tech Reports Q2

HONG KONG — Global-Tech Advanced Innovations Inc. (NASDAQ:GAI) today announced its financial results for the quarter ended September 30, 2010 (the Company’s second quarter of fiscal 2011). Net sales for the second quarter of fiscal 2011 were $25.0 million, compared to $29.0 million for the corresponding quarter in fiscal 2010. Net loss for the second…

Details

Trident, MStar Ink Patent Agreement

SUNNYVALE, Calif., and HSINCHU, Taiwan — Trident Microsystems, Inc. (Nasdaq: TRID), a leading provider of set-top box and TV semiconductor solutions, and MStar Semiconductors, Inc. today announced that they have entered into a patent license agreement relating to a part of Trident's motion estimation and motion compensation (MEMC) patent portfolio. The licensed MEMC patents are…

Details

Motorola Aims High With Xoom & Atrix

Motorola Mobility Inc. means business. Only two days after becoming a standalone enterprise, the company rolled out two of the most mouth-watering consumer electronic devices to hit the market since rival {complink 379|Apple Inc.} debuted the wildly popular iPod digital music player and the iPhone wireless handset. Just the mere description of the Motorola Mobility…

Details

Qualcomm Expands Taiwan Fab

SAN DIEGO and TAIPEI — Qualcomm MEMS Technologies Inc., a wholly owned subsidiary of Qualcomm Incorporated (Nasdaq: QCOM), today announced the culmination of months of collaboration with Taiwan's Ministry of Economic Affairs (MOEA) to expand the manufacturing capacity of mirasol® displays in Taiwan with the construction of a new fabrication facility in Longtan. The initial…

Details

Mouser Stocks New Amulet Driver Board

MANSFIELD, Texas — Mouser Electronics, Inc., regarded as a top global engineering design resource for semiconductors and electronic components, today announced it is stocking new product from Amulet Technologies. Amulet Technologies GCC-2 GEMexpress™ II Universal Display Driver Board for TFT and OLED displays features increased memory compared to the GCC-1 GEMexpress for enhanced performance in…

Details