El Segundo, Calif. —The global market for sensors used in internal combustion engines (ICE) is on the road of steady growth for the next few years, propelled by increasing utilization in engine management and exhaust aftertreatment, according to a new report from IHS Technology (NYSE: IHS). Sensor shipments for ICEs will top 1.34 billion units in 2019,…
DetailsMicron Technology has named Stephen Pawlowski as vice president of Advanced Computing Solutions.
DetailsBenchmark Electronics, Inc. (NYSE: BHE), a leading integrated contract manufacturing provider, today announced financial results for its second quarter. Three Months Ended June 30, March 31, June 30, 2014 2014 2013 Net sales (in millions) $717 $639 $608 Net income (in millions) $22 $19 $8 Net income – non-GAAP (in millions) $23 $19 $17 Diluted…
DetailsKEMET Corporation (the “Company”) (NYSE: KEM), a leading global supplier of electronic components, today reported preliminary results for our first quarter ended June 30, 2014. Results included in this earnings release have been adjusted to reflect discontinued operations as the Film and Electrolytic Business group completed the sale of its machinery division on April 30,…
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If it weren’t so scary, it would be funny: two different U.S. appeals courts came to two different conclusions about subsidies associated with the Affordable Care Act. Interpreting the language of the law, it seems, is a bit tricky. Interpretation continues to be an issue with the National Defense Authorization Act (NDAA) or as I…
DetailsSan Diego, Calif. — Qualcomm Incorporated (NASDAQ: QCOM) today announced that it has made a commitment to invest up to $150 million in Chinese startup companies across all stages. Qualcomm will invest in Chinese companies that further the development of mobile technologies in the following areas: Internet; e-commerce; semiconductor; education and health. Qualcomm is pleased to announce that…
DetailsParis, France — Rexel announces today the appointment of Brian McNally to the newly-created position of Executive Vice President and CEO of Rexel North America, effective August 1st, 2014. In this role, Brian McNally will become a member of Rexel’s Executive Committee and be in charge of Rexel’s operations in North America, encompassing both the…
DetailsHampton, Va. – Measurement Specialties, Inc. (Nasdaq:MEAS), (the “Company”), a global designer and manufacturer of sensors and sensor-based systems, held the grand opening of their new West China R&D and Manufacturing Center in Chengdu today. The company hosted various dignitaries at the ceremony, including Mr. Peter Haymond, Consul General for the US Consulate in Chengdu.…
DetailsTE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal third quarter ended June 27, 2014. Third Quarter Highlights Net sales increased to $3.58 billion, up 4 percent versus the prior year Adjusted Earnings Per Share were $1.00, up 14 percent versus the prior year and at the high end of our guidance range…
DetailsEl Segundo, Calif. — Although ultra-high-definition televisions (UHD TVs) continue to make gains, their share of the overall flat-panel market remains low, likely due to their high pricing, which can be several times the cost of LCD TVs, according to a new report from IHS Technology. The other obstacles are the price of the UHD panels and…
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