Cypress Semiconductor Corp. (CY) today announced its fourth-quarter 2013 and fiscal year 2013 results, which included the remarks below from its president and CEO, T.J. Rodgers. Highlights for the quarter included: Earnings came in at high end of guidance Book-to-bill increased to 1.08, its highest level in almost two years Non-GAAP operating expenses at a…
DetailsSanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced results for the fourth quarter and fiscal year ended December 29, 2013. Fourth quarter revenue of $1.73 billion increased 12 percent on a year-over-year basis and increased 6 percent sequentially. Total revenue for fiscal 2013 of $6.17 billion increased 22 percent from $5.05 billion in…
DetailsIBM Corp. (NYSE: IBM) said it has agreed to sell its x86 server business division to Lenovo (HKSE: 992) for approximately $2.3 billion in a transaction that further deepens the collaboration began by the two companies in 2005 when the Chinese OEM acquired its North American rival’s consumer PC operation. Lenovo, a $40 billion revenue…
DetailsAvnet, Inc. (NYSE:AVT) today announced results for the second quarter fiscal year 2014 ended December 28, 2013. Sales for the quarter ended December 28, 2013 increased 10.8% year over year to record sales of $7.4 billion; organic sales (as defined later in the document) grew 8.2% year over year and 8.1% in constant currency. Adjusted operating income…
DetailsDHL has announced the launch of DHL Resilience360, a new risk management solution which will enable businesses to turn supply chain disruption and global environmental and socio-political volatility into competitive advantage by providing them with a holistic, end-to-end view of their supply chains and real-time risk visibility. With the support of DHL Resilience360, customers can…
DetailsAccording to preliminary figures, the Bosch Group increased its sales by 2.7 percent in 2013, to 46.4 billion euros, and this despite the difficult economic environment (adjusted previous-year figure: 45.2 billion euros). In the form of negative exchange-rate effects to the tune of some 1.5 billion euros, the strong euro places a considerable burden on…
DetailsAMD (NYSE: AMD) today announced revenue for the fourth quarter of 2013 of $1.59 billion, operating income of $135 million and net income of $89 million, or $0.12 per share. The company reported non-GAAP operating income of $91 million and non-GAAP net income of $45 million, or $0.06 per share. For the year ended December…
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Memory semiconductor manufacturers are honing strategies to protect recently won margin gains, forcing the largest OEMs and EMS companies to take extraordinary steps to insulate their supply chain against price fluctuations in a market that was once characterized by downward pricing pressures. Despite continued weakness in PC demand, DRAM prices are unlikely to drop to…
DetailsLVDT and RVDT sensor manufacturer Macro Sensors has redesigned its web site to simplify the selection of linear and rotary position sensors by specific industry applications. To help web visitors find the right linear or rotary position sensor for their specific application requirements while describing its expanding capability in different markets, Macro Sensors has grouped…
DetailsKemet Corp. has integrated the complete line of advanced components from NEC TOKIN, giving the global supplier of capacitors access to electromechanical devices and other passive components
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