LSI Forms Innovation Team

Cincinnati, Ohio — LSI Industries Inc. (NASDAQ:LYTS) today announced an initiative to further the Company’s capabilities in emerging technologies through the formation of an Innovation Team to be led by Andy Foerster, Chief Technology Officer (CTO).  Team members were selected from each of the Company’s three divisions, and will focus on developing and refining key technologies and…

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Strong Demand Ahead for Fiber Optic Connectors

The global fiber optic connector market is forecast to reach $4.9 billion by 2020, with a compound annual growth rate (CAGR) of 9.9 percent from 2015 to 2020, according to a new Allied Market Research report. To meet growing opportunities across multiple applications, interconnect manufacturers are growing their product portfolios through new product developments and acquisitions. The…

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Scent Technology Set to Grow by 30% Through 2020

Some of the deadliest threats to human lives are things that can’t be seen, heard, smelled or touched. In fact, scents are added to substances such as natural gas so leaks can be identified before they overwhelm victims—or explode. Technology can also help avert disasters.  Scent technology is expected to grow rapidly, by 30.4 percent,…

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ST, French Institute to Develop Next-Gen Nano Components

Building on many years of close collaboration and numerous joint research programs, STMicroelectronics (STM), a global semiconductor leader serving customers across the spectrum of electronics applications, and the French Institute of Materials, Microelectronics and Nanosciences in Provence (IM2NP – CNRS / Aix-Marseille University / University of Toulon / ISEN engineering school), member of the Carnot…

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Cree Acquires APEI

Durham, N.C. – Cree, Inc. (Nasdaq: CREE), a market leader in silicon-carbide (SiC) power and RF products, today announced the acquisition of APEI, a global leader in power modules and power electronics applications. Combining two highly complementary innovators, the acquisition enables Cree’s Power and RF business to extend its leadership position and help to accelerate the…

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IBM Alliance Creates World’s Tiniest Chip

An alliance led by IBM Research (NYSE:IBM) today announced that it has produced the semiconductor industry’s first 7nm (nanometer) node test chips with functioning transistors.  The breakthrough, accomplished in partnership with GlobalFoundries and Samsung at SUNY Polytechnic Institute’s Colleges of Nanoscale Science and Engineering (SUNY Poly CNSE), could result in the ability to place more than…

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Celestica Appoints Robert Mionis President, CEO

Celestica Inc. (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced that its Board of Directors has appointed Robert “Rob” Mionis as President and Chief Executive Officer and member of the Board, effective August 1. Craig Muhlhauser, who announced his intention to retire from the company in October 2014,…

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Verical Redesigns Website

Arrow Electronics, Inc. (NYSE:ARW) today announced the redesign of Verical.com, the company’s online electronics components superstore. The redesigned Verical.com features a new homepage with an easy-access parts search, mobile compatibility, multilingual accessibility and more prominent information about the manufacturers selling warrantied, traceable parts through the site. “At Arrow, we work in the world of five…

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Flextronics Opts for More Supply Chain Intelligence

Flextronics International Ltd. gets it. Accurate and useful information is at the heart of everything enterprises do. Without it success may never arrive and if it does, it will be fleeting. That’s why the company has recently launched a software-based program to generate and share information about a variety of market issues with customers and…

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