When the Boston Red Sox in 2004 won their first World Series in 86 years, I noticed that the championship t-shirts, hats and other gear were on the streets of Boston within hours of Game 4. Knowing a bit about manufacturing, I found out just-in-time (JIT) is alive and well in the U.S. Sunday, within…
DetailsGreetings and happy New Year. I held off on reviewing the memory market until the dust settled after a chaotic rush to replenish inventory, pipeline in products, and forecast buys for the coming quarters. Yes, I’ll be the first to comment on scheduling through Christmas. Quote and order levels were very high since the calendar…
DetailsSTMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported financial results for the fourth quarter and full year ended December 31, 2014. Fourth quarter net revenues totaled $1.83 billion, gross margin was 33.8%, and net income per share was $0.05. For the full year 2014, net revenues totaled…
DetailsAVX Corporation (NYSE: AVX) today reported preliminary unaudited results for the third quarter ended December 31, 2014. Chairman and Chief Executive Officer, John Gilbertson, stated, “The quarter was not as active as last year as revenue was impacted by conservative customer inventory management, a modest holiday season and currency movement. AVX’s operations continued to perform…
DetailsTE Connectivity Ltd. (NYSE: TEL), a world leader in connectivity, announced today it has reached a definitive agreement to sell its Broadband Network Solutions (BNS) business unit to CommScope (NASDAQ: COMM) for $3.0 billion. The BNS business, which consists of TE’s Telecommunications, Enterprise Networks and Wireless businesses, had revenue of $1.9 billion in fiscal year…
DetailsKyocera Corporation (NYSE:KYO)(TOKYO:6971) today announced its third-quarter financial results for the fiscal year ending March 31, 2015. The results are summarized below, both as an aggregation of Kyocera’s first three fiscal quarters (“the period,” i.e., the nine months ended Dec. 31, 2014), and as the third quarter alone (“the quarter,” i.e., the three months ended…
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Electronics distribution warehouses are among the most automated in the world. Because electronics component part numbers can be 12 or more characters long, the likelihood of human error – in data entry, storage and picking — is significant. Scanning technologies have vastly improved those processes; and robotics have eliminated much of the handling associated with…
DetailsScottsdale, Ariz. – NKK Switches, the world’s leading designer and manufacturer of innovative electromechanical switching devices, today announced the appointment of Laurence Sweeney as the company’s Senior Sales Executive. As head of sales, Sweeney is responsible for NKK Switches’ sales organization, customer support and channel partnerships. He will also focus on developing and strengthening key customer…
DetailsTE Connectivity Posts Strong Fiscal 2015 First Quarter Earnings Sales Up 4 Percent; GAAP EPS Up 34 Percent; Adjusted EPS Up 20 Percent Schaffhausen, Switzerland — TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal first quarter ended December 26, 2014. First Quarter Highlights Net sales increased to $3.47 billion, up 4 percent versus the prior…
DetailsSan Diego, Calif. — RF INDUSTRIES, LTD. (NASDAQ:RFIL) announced today that its Board of Directors has promoted Johnny Carl Walker, President of RF Industries, to the additional position of Chief Executive Officer. The Company’s former CEO, Howard Hill, was appointed Chief Operating Officer. Mr. Hill said, “This change culminates the Company’s plan for my successor. Since joining the Company…
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