LSI Corporation (NASDAQ: LSI) today reported results for its first quarter ended March 30, 2014. On December 15, 2013, LSI entered into a definitive agreement with Avago Technologies Limited (NASDAQ: AVGO) under which Avago has agreed to acquire LSI for $11.15 per share in an all-cash transaction valued at approximately $6.6 billion. In anticipation of…
DetailsQualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies, products and services, today announced results for the second quarter of fiscal 2014 ended March 30, 2014. “We delivered another solid quarter, driven by demand for our leading multimode 3G/LTE chipset solutions and record licensing revenues,” said Steve Mollenkopf, CEO of Qualcomm…
DetailsSCHAFFHAUSEN, Switzerland, April 23, 2014 /PRNewswire/ — TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal second quarter ended March 28, 2014. Second Quarter Highlights Net sales increased to $3.43 billion, up 6 percent organically versus the prior year Adjusted Earnings Per Share were $0.95, up 25 percent versus the prior year Diluted…
DetailsXilinx, Inc. (Nasdaq: XLNX) today announced fiscal 2014 sales of $2.38 billion, up 10% from the prior fiscal year. Fiscal 2014 net income increased 29% to $630 million, or $2.19 per diluted share, versus fiscal 2013 net income of $488 million or $1.79 per diluted share. Fourth quarter fiscal 2014 sales were $618 million, up…
DetailsTexas Instruments Incorporated (TI) (NASDAQ: TXN) today reported first-quarter revenue of $2.98 billion, net income of $487 million and earnings per share of 44 cents. Results include a gain of $37 million, which was not included in the company’s prior outlook and increased earnings by 2 cents per share, for sales of a site and…
DetailsFairchild has received the 2013 Best Service Award from TCL Mobile (TCL Communication Technology Holdings Limited). The award recognizes Fairchild for its outstanding service and support, high quality and innovative solutions for mobile chargers, core power and signal products. “Fairchild provides us with the technology we need to compete and win in the demanding middle…
DetailsTE Connectivity (NYSE: TEL), a world leader in connectivity, presented its 2013 Electronic Distributor Awards during its recent Global Distribution Summit in Los Angeles, CA. These annual awards recognize TE’s highest-performing distribution partners based on sales and market share growth, business plan performance and customer satisfaction.TE presented the 2013 Electronic Global Distributor of the Year…
DetailsArmonk, N.Y. – IBM (IBM: NYSE) has unveiled its Power Systems servers, built on an open server platform and POWER8 microprocessor, that allow data centers to manage extremely high data requirements, analyzing data 50 times faster than the latest x86-based systems. Described as a move that contrasts other chip and server manufacturers’ proprietary business models,…
DetailsAfter the successful launch of its four Automation Centers (ATCs) across the world, OMRON Automation, part of OMRON Corporation Japan – a global leader in automation technology – opened its fifth ATC in Mumbai, India, on April 22. The center, the first in India, was inaugurated by the company’s key leaders from the industrial automation…
DetailsCelestica Inc. (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced financial results for the first quarter ended March 31, 2014. First Quarter 2014 Highlights Revenue: $1.312 billion, compared to our guidance of $1.30 to $1.40 billion (announced January 30, 2014), decreased 4% compared to the first quarter…
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