Atmel Posts 6% Drop in Q3 Revenue

San Jose, Calif. — Atmel® Corporation (Nasdaq: ATML), a leader in microcontroller and touch solutions, today announced financial results for its third quarter ended September 30, 2015. Revenue for the third quarter of 2015 was $286.5 million, a 6% decrease compared to $306.4 million for the second quarter of 2015, and 23% lower compared to $374.5 million for the third quarter of 2014. GAAP…

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Verizon Unveils ThingSpace IoT Platform

SAN FRANCISCO—Verizon wants to connect billions of things within the space of its 4G LTE network and wants to make it easier to do so. The company announced (Oct. 28) an Internet of Things (IoT) development platform, ThingSpace, a platform aimed at simplifying affordable connectivity in smart cities, healthcare, agriculture, energy, and sharing platforms. “Most…

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Researcher Says Distributors are Key to IoT Growth

Huge sales opportunities beckon in the market for connected devices but the challenges are numerous and semiconductor makers must leverage the strengths of component distributors to benefit from what is shaping up as the potential biggest growth area for the entire electronics industry, says research firm McKinsey & Co. Within a few years the entire…

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Avnet Reports Revenue Growth in FYQ1 2016

Phoenix, Ariz. — Avnet, Inc. (NYSE:AVT) today announced results for the first quarter fiscal year 2016 ended October 3, 2015. Sales for the quarter ended October 3, 2015 increased 1.9% year over year and 8.4% in constant currency to $6.97 billion (Q1 FY16 includes an extra week of sales) Adjusted operating income of $240.4 million increased 7.5% year over year and adjusted operating income…

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MikroElektronika, Future Electronics Sign Distribution Deal

Belgrade – MikroElektronika, producer of a wide range of development tools and compilers for microcontrollers, today announced a distribution agreement with Future Electronics, a global leader in electronics distribution. Saving people’s time is the guiding principle in MikroElektronika’s approach to product design. With the increased availability which comes with the inclusion of their products in…

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Price Erosion Curtails Sensor Growth

Global revenues for optoelectronics, sensors and actuators, and discrete semiconductors (O-S-D) are expected to reach $66.4 billion in 2015, up three percent from 2014 when sales rose by nine percent, according to IC Insights. The two biggest contributors to slow growth are sensors/actuators and discretes, which have struggled with consistent growth after rebounding in 2014,…

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3 Ways EDI Alternatives Increase Business Profitability & Customer Satisfaction

Supply chain professionals are desperately in need of a technology revolution that replaces EDI systems with modern web services to standardize complex data and facilitate real-time interactions. (Source: PIxabay) For years, web service Application Programming Interfaces (APIs) have transformed other industries. From the ability to shop online to mobile banking, APIs are the connections that make…

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