WPG Closes Fiscal 2010

TAIPEI, Taiwan — WPG, the largest distributor of semiconductor components in Asia, reported the 2010 sales reached NT$205.9 billion, a 28% increase in comparison with 2009. Due to fewer work days, October 2010 consolidated sales of NT$18.72 billion, in line with the expectation. The sales breakdowns by regions of WPG are 80% from China (incl.…

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SMTC Reports Q3

TORONTO — SMTC Corporation (Nasdaq: SMTX, TSE: SMX), a global electronics manufacturing services provider, today reported 2010 third quarter results. Revenue for the quarter increased by 48% to $65.4 million and net income for the quarter, at $2.6 million, was $2.4 million higher than the same quarter in the prior year. Gross profit for the…

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M&A: A Reason to Get Off Your Cash

One of the reasons tech companies used to hoard cash was for prospective mergers and acquisitions — a trend that market research firm Ernst & Young Global Ltd. says is picking up. (See Unknown Document 20030 .) M&A among technology companies in the third quarter of 2010 climbed 43 percent over the comparable prior-year period.…

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The Story of Too Much Stuff

Moore's Law, formulated by {complink 2657|Intel Corp.} co-founder Gordon Moore, posits that transistor density on integrated circuits, or processor speeds, doubles every 18 months. That's quite different from the way environmentalists think. For them, that 18 months translates into consumers discarding old gadgets for new ones, putting more toxic waste in landfills. In an effort…

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Avnet, Microchip Host Tech Training

PHOENIX — Avnet Memec Americas, a division of Avnet, Inc. (NYSE: AVT), announces the launch of a cooperative effort with Microchip to introduce customers to innovative solutions for motor control design. Customers have the option to either request an on-site On-Ramp Technical Session™ or attend a Regional Training Center (RTC) class to learn about the…

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TSMC to Expand Fab, R&D

HSINCHU, Taiwan — TSMC (NYSE: TSM) today held a meeting of the Board of Directors, which passed the following resolutions: 1. Approved capital appropriations of US$1,880.9 million to set up mini-lines for the wafer fab in Taichung, and to expand advanced technology capacity, twelve-inch capacity for wafer-level chip-scale packaging, and specialty technology capacity. 2. Approved…

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