Altera Corporation (NASDAQ: ALTR) today announced first quarter sales of $461.1 million, up 1 percent from the fourth quarter of 2013 and up 12 percent from the first quarter of 2013. First quarter net income was $116.5 million, $0.37 per diluted share, compared with net income of $98.9 million, $0.31 per diluted share, in the…
DetailsCirrus Logic, Inc. (Nasdaq: CRUS), a leader in high-precision analog and digital signal processing components, today posted on its investor relations website at http://investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for the fourth quarter and full fiscal year 2014, which ended March 29, as well as the company’s current business outlook.…
DetailsFreescale Semiconductor, Ltd. (NYSE:FSL) today announced financial results for the first quarter ended April 4, 2014. Highlights include: “We continue to see solid progress on our initiatives to increase revenue and improve gross margin,” said Gregg Lowe, president and CEO. “All five product groups generated revenue growth sequentially and year over year. With a 15…
DetailsFreescale Semiconductor, Ltd. (NYSE:FSL) today announced that it has selected Dan Durn as senior vice president and chief financial officer, replacing current CFO, Alan Campbell, who announced his decision to retire in January of this year. Durn will assume CFO responsibilities for the company in June 2014. Campbell completes a 34-year career at Freescale and…
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The lithium-ion battery is a fact of modern life. Cellphones, laptops, cameras, tablets, and many other items take advantage of this convenience. Even so, we still read news articles about batteries of this type exploding, catching fire, or otherwise causing concern. There have even been aircraft lost due to lithium-ion battery fires. The news continues…
DetailsGlobal provider of low volume, high mix electronics manufacturing services for the aerospace and defense markets, TT Electronics Integrated Manufacturing Services (TT Electronics-IMS) continues to expand its footprint and service offerings. The company announced today that it has opened a new engineering office in Cary, North Carolina. With North American operations based in Perry, Ohio,…
DetailsAvnet, Inc. (NYSE:AVT) today announced results for the third quarter fiscal year 2014 ended March 29, 2014. Sales for the quarter ended March 29, 2014 increased 6.1% year over year to $6.7 billion; organic sales (as defined later in the document) grew 3.7% year over year and 3.5% in constant currency Gross profit margin of 12.0% increased…
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Increasingly, supply chain managers are looking to automate their supply chain management (SCM) efforts in order to do more with less. Automated supply chain management processes and on-demand solutions provide efficient control of every aspect of the supply chain, making it more agile and easier to manage. Further, on-demand solutions can deliver a tangible return…
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Recently, I participated in an EBN Live Chat, and the wide-ranging discussion underlined for me the need for education and awareness on the benefits of technology adoption in procurement organizations. The chat session focused initially on technology adoption. Zycus' newly published Pulse of Procurement 2014 study (registration required) was a primary focus, since it found…
DetailsLSI 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…
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