Samsung Electronics Reports Q3

SEOUL, S. Korea — Samsung Electronics Co., Ltd. today announced revenues of 40.23 trillion Korean won on a consolidated basis for the third quarter ended Sept 30, 2010, a 12-percent increase year-on-year. The figure tops the previous record for quarterly revenue of 39.25 trillion won recorded in the fourth quarter of 2009. For the quarter,…

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The Latest on Leadtimes

This week, both {complink 453|Arrow Electronics Inc.} and {complink 577|Avnet Inc.} reported their quarterly earnings and discussed a number of supply chain trends on their earnings conference calls. For buyers, two of the most important trends are leadtimes and pricing. Here's what the industry's two largest global distributors are saying. Leadtimes are coming back in…

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Panasonic Closes Q2

OSAKA, Japan — Panasonic Corporation (Panasonic)(NYSE:PC) today reported its consolidated financial results for the second quarter and six months ended September 30, 2010, of the current fiscal year ending March 31, 2011 (fiscal 2011). Consolidated Second-quarter Results Compared to the same period a year ago, consolidated group sales for the second quarter increased 27% to…

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ITT Beats Q3 Forecast

WHITE PLAINS, N.Y. — ITT Corporation (NYSE: ITT) today reported 2010 third-quarter revenue of $2.6 billion and net income of $145 million, or $0.78 per share. Income from continuing operations was $12 million, or $0.07 per share. Excluding the impact of special items, income from continuing operations for the quarter was $200 million, or $1.08…

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Ingram Micro Reports Q3

SANTA ANA, Calif. — Ingram Micro Inc. (NYSE: IM), the world's largest technology distributor and supply-chain services provider, today announced double-digit increases in sales and profits for the third quarter ended October 2, 2010. Worldwide sales for the third quarter were $8.45 billion, an increase of 14 percent compared with $7.38 billion in the prior-year…

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TranSwitch Reports Q3

SHELTON, Conn. — TranSwitch Corporation (NASDAQ: TXCC), a leading provider of semiconductor solutions for the converging voice, data and video network, today announced financial results for the third quarter ended September 30, 2010. “Despite the near-term weakness in our telecommunications business, we continue to move forward on our plan to develop new products for introduction…

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Element14 Launches Contest

CHICAGO — element14, the first online community for electronic design engineers, is giving engineers a chance to don their social media hats with its “Roving Reporters” contest. Registrants will be asked to name the upcoming tradeshow they’d most like to attend and explain why they should be selected to cover it for their engineering colleagues…

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Sensata to Acquire Honeywell Sensors Business

ALMELO, The Netherlands — Sensata Technologies Holding N.V. (NYSE: ST) (the “Company”) announced today that it has reached a definitive agreement to acquire the “Automotive on Board” sensors business of Honeywell International (NYSE: HON) for $140 million in cash. “This acquisition further expands our leadership in the global automotive sensors market and complements our already…

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