Avnet Inc.’s net income rose strongly in the September quarter, boosted by surging component sales in Asia and other international markets as well as strong contribution in the Americas from the company’s technology solutions division. The company said net income jumped to $120.6 million, or 86 cents per share, in the fiscal 2014 first quarter…
DetailsBenchmark Electronics, Inc. (NYSE: BHE), a leading integrated contract manufacturing provider, today announced financial results for the third quarter which ended September 30, 2013. “We are pleased with the results for the quarter with revenues and earnings in line with our expectations,” said President and CEO Gayla J. Delly. “In the third quarter, we experienced…
DetailsAvnet, Inc. (NYSE:AVT) today announced results for the first quarter fiscal year 2014 ended September 28, 2013. Sales for the quarter ended September 28, 2013 increased 8.1% year over year to $6.3 billion; organic revenue (as defined later in the document) grew 3.7% year over year and 3.5% in constant currency Adjusted operating income of $199.5…
DetailsIncreasing awareness of biometrics across industries is expected to drive growth in the global commercial biometrics market, moving from the government sector into commercial applications, such as ATMs, retail points of sale, and finance, according to Frost & Sullivan.
DetailsTE Connectivity Ltd. (NYSE: TEL), a world leader in connectivity, today announced that Senior Vice President and Chief Information Officer Ronald (Ron) F. Vance is retiring from the Company effective December 31, 2013. Mr. Vance will continue in his current capacity until his successor, Joseph (Joe) F. Eckroth, Jr. joins the Company in November 2013.…
DetailsAvnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), has launched a new series of SpeedWay Design Workshops™ for designers of electronic applications based on the Xilinx® Zynq®-7000 All Programmable (AP) SoC. These technical sessions will be presented across the globe by Avnet subject matter experts in conjunction with Xilinx, Inc. (NASDAQ: XLNX).…
DetailsSTMicroelectronics NV reported a smaller loss for the September quarter on a sharp reduction in impairment and restructuring charges but the chipmaker is still facing headwinds in several of its markets in addition to industrywide inventory correction and softer demand across the semiconductor market. In response, ST said it will continue to focus on growth…
DetailsCelestica Inc. (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced that it has received the 2013 Supplier of the Year award from EMC. The distinction was awarded during EMC’s annual Supplier Day in Boston, Massachusetts. The 2013 Supplier of the Year award recognizes Celestica for developing innovative…
DetailsRFMW, Ltd. announces design and sales support for Scintera Networks SC1894 radio frequency power amplifier linearizer (RFPAL). As power amplifiers are driven into saturation they increase in both efficiency and distortion. The SC1894 injects a correction signal at the input of the PA in order to minimize distortion at the output of the PA. The…
DetailsMolex Inc., a global electronic components company, today reported results for its first quarter ended September 30, 2013. Net revenue for the September 2013 quarter was $936.4 million, an increase of 6.1% from the June 2013 quarter and an increase of 2.1% from the September 2012 quarter. In local currencies, net revenue increased 6.1% compared…
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