Newark Wins NEDA Marketing Awards

CHICAGO — Leading multi-channel electronics distributor Newark, part of global Premier Farnell, is pleased to announce that it has received 8 Channel Marketing Awards from the National Electronic Distributors Association (NEDA) for the creativity and effectiveness of its marketing communications. The awards were presented at the 2010 NEDA Executive Conference in Chicago on October 18.…

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CTS Expands Thailand EMS

ELKHART, Ind. — CTS Corporation (NYSE: CTS) a leading supplier of electronics manufacturing services, will significantly expand its existing manufacturing site in Ayutthaya, Thailand. CTS will nearly double its capacity by adding 30,000 sq. ft. of space to its facility near Bangkok. CTS Thailand is currently the Asia center for high-technology printed circuit board assembly…

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Richest Tech Firms & the Challenge of Managing Huge Cash Hoards

Cash and short-term securities at four of the world's biggest high-tech companies have surged sharply over the last year, boosting their combined market valuation and offering them ammunition for strategic acquisitions, R&D, and product development programs. {complink 379|Apple Inc.}, {complink 1131|Cisco Systems Inc.}, {complink 2294|Google}, and {complink 3426|Microsoft Corp.} together had approximately $149.1 billion in…

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Freescale Posts Q3 Results

AUSTIN, Texas — Freescale Semiconductor Holdings I, Ltd. today announced financial results for the third quarter ended October 1, 2010. Highlights for the third quarter include: • Net sales of $1.15 billion; • Trailing twelve month Adjusted EBITDA of $1.06 billion; • Cash and cash equivalents of $1.07 billion at October 1, 2010. “Third quarter…

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Viking Modular Wins Aerospace Certification

SAN JOSE, Calif. — Viking Modular Solutions™, a division of Sanmina-SCI Corporation (Nasdaq NM: SANM), and leading manufacturer of innovative DRAM modules, flash and Solid State Drive (SSD) solutions, today announced that its Foothill Ranch, California, facility has been awarded the AS9100 Aerospace Standard certification. This certification signifies compliance with all requirements of the AS9100…

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Digi-Key & Exar Sign Distribution Agreement

THIEF RIVER FALLS, Minn., and FREMONT, Calif. — Electronic components distributor Digi-Key Corporation, recognized by design engineers as having the industry’s broadest selection of electronic components available for immediate shipment, today announced it has entered into an agreement with Exar Corporation (NASDAQ:EXAR) to distribute the company’s analog and mixed-signal ICs to Digi-Key customers around the…

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Cirrus Reports Q2

AUSTIN, Texas — Cirrus Logic, Inc. (Nasdaq: CRUS), a leader in high-precision analog and digital signal processing components, today announced financial results for the second quarter of fiscal year 2011, which ended September 25, 2010. “Our energy product lines also delivered strong results, and we received our first production orders for our power factor correction…

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