Peerless Electronics, Inc., a major factory authorized, stocking distributor of electromechanical and interconnect products, has launched its new online e commerce store showcasing components for Alternative Energy applications. Peerless customers will save time; view at-a-glance status and find it easier to shop online from product catalogs tailored to the Alternative Energy Industry from Peerless’ large…
DetailsMicrochip Technology Incorporated (NASDAQ: MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, today reported results for the three months and fiscal year ended March 31, 2014. Consolidated net sales for the fourth quarter of fiscal 2014 were $493.4 million, up 2.3% sequentially from net sales of $482.4 million in the immediately preceding…
DetailsA majority of U.S. manufacturing executives expect their sales will grow a little more than 9 percent for the rest of 2014, according to the Institute of Supply Management’s semi-annual survey of purchasing and supply managers. Of the 18 industries predicting growth, computer and electronics products fall a disappointing 12th on the list. Textile manufacturers…
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Labor costs in Mexico are still generally higher than in China but the total cost of manufacturing in the North American country has fallen recently below its Asian rival’s, spurring a rethink amongst OEMs about the best place to site production facilities. In the last few years, many U.S.-based manufacturing companies have either moved or…
DetailsVishay Intertechnology, Inc. (NYSE: VSH), one of the world’s largest manufacturers of discrete semiconductors and passive components, today announced its results for the fiscal quarter ended March 29, 2014. Revenues for the fiscal quarter ended March 29, 2014 were $602.4 million, compared to $554.3 million for the fiscal quarter ended March 30, 2013. The net…
DetailsArrow Electronics, Inc. (NYSE:ARW) today reported first-quarter 2014 net income of $107.1 million, or $1.06 per share on a diluted basis, compared with net income of $77.9 million, or $.72 per share on a diluted basis in the first quarter of 2013. Excluding certain items1 in both the first quarters of 2014 and 2013, net…
DetailsEchelon Corporation (NASDAQ: ELON), the world’s leading control networking platform provider for the Industrial Internet of Things (IIoT), announced a distribution agreement with global electronic components distributor Digi-Key Corporation, the industry leader in electronic component selection, availability and delivery. Under the agreement, Digi-Key will distribute worldwide, except Japan, Echelon’s portfolio of products—including chips, modules, routers…
DetailsExar Corporation (NYSE: EXAR), a leading supplier of high performance analog mixed-signal components, video and data management solutions, today announced financial results for the Company’s fourth quarter of fiscal year 2014 and fiscal year 2014, ended March 30, 2014. Fiscal year 2014 revenue of $125.3 million increased 3% from $122.0 million in the prior year.…
DetailsKimball International, Inc. (NASDAQ: KBALB) today reported net sales of $310.8 million and net income of $7.2 million, or $0.19 per Class B diluted share, for the third quarter of fiscal year 2014 which ended March 31, 2014. Consolidated net sales in the third quarter of fiscal year 2014 increased 3% from the prior year third…
DetailsPeregrine Semiconductor Corporation (Peregrine Semiconductor) (NASDAQ: PSMI), founder of RF SOI (silicon on insulator) and pioneer of advanced RF solutions, today announced its first quarter 2014 financial results. First quarter 2014 revenue was $41.3 million, compared with $46.6 million for the same period in 2013. As reported under U.S. generally accepted accounting principles (GAAP), first quarter…
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