Lenovo Group today announced record results for its third fiscal quarter ended December 31, 2013, driven by strong global execution, an innovative product portfolio and an increasing mix of PC Plus revenues. Quarterly revenue was US$10.8 billion, a 15 percent increase year-over-year, passing the US$10 billion milestone for the first time ever. Third quarter profit…
DetailsBel Fuse Inc. (NASDAQ:BELFA)(NASDAQ:BELFB) today announced preliminary unaudited financial results for the fourth quarter and 2013. Highlights Fourth Quarter: ● Net sales increased 26.8% to $91.0 million versus $71.8 million last year. ● Net earnings were $0.61 per Class A share and $0.65 per Class B share versus a net loss of $0.21 per Class…
DetailsUPS (NYSE: UPS) today announced it has completed the purchase of U.K.-based Polar Speed, an innovative provider of temperature-sensitive pharmaceutical supply chain solutions in the U.K. The acquisition further strengthens UPS’s healthcare network across Europe, providing healthcare companies access to a single source for logistics solutions across the continent. The purchase is part of UPS’s…
DetailsIEC Electronics Corp. (NYSE MKT: IEC) has announced the election of Brett Mancini as a corporate officer and Vice President of Business Development and Engineering Services and the appointment of Michael T. Williams as Vice President of Finance. Mr. Mancini will report directly to W. Barry Gilbert, Chairman and Chief Executive Officer and Mr. Williams will…
DetailsAlliance Memory today announced it has concluded an agreement with Customer 1st, a value-added representative for electronic components and subassemblies to OEM customers throughout the Upper Midwest United States. Under the agreement, Customer 1st is now offering Alliance Memory’s entire lineup of SRAMs and DRAMs to customers in Minnesota, Wisconsin, Iowa, Illinois, Kansas, Missouri, Nebraska,…
DetailsFedEx Corp. (NYSE: FDX) today announced an international expansion for its award-winning SenseAware® service, which enables near real-time visibility into sensitive and high-value shipments. Customers will now be able to monitor shipments throughout an additional 14 European countries and Canada, and on board flights from three additional commercial air carriers: Air France, Cathay Pacific and…
DetailsExpress Electronics are one of the largest stocking distributors of electronic components in the UK, with over 106,000 line items stocked in their ISO9001:2008 approved logistics facility in York. The distributor is proud to announce the launch of their new web shop http://www.express-elect.com. Order and buy thousands of electronic components in-stock online today. Online pricing…
DetailsThe global market for mobile PCs tallied shipments below expectations in the fourth quarter (Q4) of 2013, despite the strongest sequential growth in four years, according to a new report from IHS Technology (NYSE: IHS). A key reason cited by analysts is the conservative buying plan by PC vendors during the holiday season. Here are…
DetailsEZchip Semiconductor Ltd. (NASDAQ: EZCH), a leader in Ethernet network processors, today announced its results for the fourth quarter and full year ended December 31, 2013. Fourth Quarter and Full Year 2013 Highlights: Revenues of $70.9 million for 2013 and $20.1 million for the fourth quarter Gross margin, on a GAAP basis, was 83.0% for 2013…
DetailsHeilind Electronics, the largest distributor of interconnect products in North America, is now stocking KK® Reflow Process Compatible (RPC) connector system manufactured by Molex Incorporated. The Molex KK connector system can be designed into a variety of power and signal applications and is available in industry-standard 2.54 and 3.96 mm pitch sizes. The KK connector…
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