KYOTO, Japan — Kyocera Corporation (NYSE:KYO)(TOKYO:6971) today announced its consolidated financial results for the first half of fiscal year 2011 (the six months ended September 30, 2010), as summarized below. Complete details are available at: http://global.kyocera.com/ir/financial/f_results.html The six months ended September 30, 2010 (the “first half”) showed a favorable business environment with increased sales and…
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We should be concerned about monopoly production of rare earth metals by China, but we should not hit the panic button yet. The United States and other countries have alternative sources, some of which are being prepared to go on line within the next few months. As prices move higher, too, other sites that are…
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PHOENIX — {complink 577|Avnet Inc.} today announced results for the first quarter fiscal year 2011 ended October 2, 2010. •Sales for the quarter ended October 2, 2010 increased 42.0% year over year to a record $6.18 billion; pro forma revenue (as defined later in this release) was up 26.4% year over year •Adjusted operating income…
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Greenville, S.C. — KEMET Corp. today reported preliminary results for the second fiscal quarter ended September 30, 2010. Net sales for the quarter ended September 30, 2010 were $248.6 million, which is a 43.5% increase over the same quarter last fiscal year and a 2.0% increase over the prior fiscal quarter ended June 30, 2010…
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TORONTO — {complink 987|Celestica Inc.}, a global leader in the delivery of end-to-end product lifecycle solutions, today announced financial results for the third quarter ended September 30, 2010. Third Quarter and YTD Results Revenue for the quarter was $1.55 billion, compared to $1.56 billion in the third quarter of 2009. GAAP net earnings were $35.4…
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SCHAUMBURG, Ill. — {complink 3538|Motorola Inc.} today reported sales of $4.9 billion in the third quarter of 2010, up 13 percent from the third quarter a year ago. Financial results related to the portion of the Company’s Networks business expected to be acquired by Nokia Siemens Networks (“NSN”) are reported as discontinued operations. Sales, including…
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There's nothing like the possibility of a shortage to get the supply chain humming. Demand for rare earth elements (REEs) is on the rise and is expected to soon outstrip supply. But this particular supply/demand imbalance could help accelerate US recycling efforts and support green technology advances at the same time. (See: The Truth About…
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SCHAFFHAUSEN, Switzerland — {complink 5844|Tyco Electronics} today reported results for the fiscal fourth quarter ended Sept. 24, 2010. The company reported a net sales increase of 16 percent year-over-year, and 2 percent sequentially, to $3.1 billion. GAAP EPS were $0.56 for the quarter, compared to $0.18 in the prior-year period. Included in the GAAP EPS…
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October has been a big month for China announcements. {complink 5703|Texas Instruments Inc.} announced the purchase of Cension Semiconductor, a 200mm fab previously operated by Semiconductor Manufacturing International Corp. in Chengdu. This week {complink 2657|Intel Corp.} announced the grand opening of its first 300mm fab in Dalian. China is becoming a more powerful force in…
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SINGAPORE — {complink 2085|Flextronics Corp.} today announced results for its second quarter ended October 1, 2010 as follows: Net sales for the second quarter ended October 1, 2010 increased 27% to $7.4 billion compared to net sales for the quarter ended October 2, 2009 of $5.8 billion. Adjusted operating income increased $64 million or 43%…
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