Avnet Inc. will need more than a pair of steady, guiding hands at the helms to successfully navigate its way through what is shaping up as one of the more challenging storms in its history. In addition to its own peculiar growth problems, Avnet and rival distributors and others in the high-tech market are facing…
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In a move to focus on its LED business, Cree, Inc., a leading manufacturer of LED lighting, will sell its Wolfspeed Power and RF division, which includes the silicon carbide substrate business for power, RF and gemstone applications, to Infineon Technologies AG for $850 million in cash. For Infineon, the acquisition puts the company on a path to become the number…
DetailsSEMI projects that the worldwide semiconductor equipment market will be flat this year and will rebound in 2017 according to the mid-year edition of the SEMI® Capital Equipment Forecast, released today at the SEMICON West exposition. SEMI forecasts that the total semiconductor equipment market will grow 1 percent in 2016 (reaching $36.9 billion) after contracting 3 percent in…
DetailsGlobal Internet of Things (IoT) security market growth is driven by increasing security concerns for critical infrastructure and strict regulatory compliances for the next few years, while BFSI vertical is set to have the largest IoT security market size during the forecast period dominated by Asia-Pacific which is projected to witness the highest growth during 2016-2021. Complete…
DetailsMouser Electronics, Inc. today celebrated the fifth anniversary of operating in the Czech Republic with the opening of bigger premises, required to support huge growth in the region. Mouser moved into its first office in Brno on March 1st 2011, and the current team based there is responsible for customers from 12 countries: Czech, Poland,…
DetailsInfineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Cree, Inc. (Nasdaq: CREE) announced today that Infineon has entered into a definitive agreement to acquire the Wolfspeed Power and RF division (“Wolfspeed”) of Cree. The deal also includes the related SiC wafer substrate business for power and RF power. The purchase price for this planned…
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DURHAM, N.C., July 14, 2016 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced execution of a definitive agreement to sell its Wolfspeed Power and RF division (“Wolfspeed”), which includes the silicon carbide substrate business for power, RF and gemstone applications, to Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) for…
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The Internet of Things (IoT) demands a different set of microprocessors, drivers, peripherals, batteries and operating systems than conventional Embedded System used in general purpose computing systems. Conventional Embedded Systems are not competent to deliver what the IoT is expecting from an embedded device networked in IoT and it brings great challenges to develop or…
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The trend of electronic devices becoming smaller, lighter, and more integrated both internally in their components and externally as part of society has profound implications for the electronics supply chain. The attention has been towards the forward movement of devices from raw materials to a finished good, rather than how to make current and future…
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Automated and connected driving technology is changing the automotive industry and the way we drive. This has been made evident at the recent Connected Cars World in London, England, where cross-interaction between OEMs, automakers, and service providers agreed with TNS' research that eight in 10 new cars will be connected by 2020. However, connected and…
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