3M (NYSE:MMM) today reported fourth-quarter earnings of$1.81 per share, an increase of 11.7 percent versus the fourth quarter of 2013. Sales grew 2.0 percent year-on-year to$7.7 billion. Organic local-currency sales grew 6.3 percent with acquisitions adding 0.1 percent to sales. Foreign currency translation reduced sales by 4.4 percent year-on-year. Operating income was $1.7 billion and…
DetailsLattice Semiconductor Corporation (NASDAQ: LSCC), a leading provider of programmable connectivity solutions, and Silicon Image, Inc. (NASDAQ: SIMG), a leading provider of wired and wireless connectivity solutions, today announced that they have signed a definitive agreement, pursuant to which Lattice will acquire Silicon Image in an all-cash tender offer of $7.30 per share, representing an…
DetailsAustin, Tex. — Freescale Semiconductor, Ltd. (NYSE:FSL) today announced financial results for the fourth quarter and full-year ended December 31, 2014. Highlights include: Fourth Quarter GAAP Results Fourth Quarter Non-GAAP Results* Net sales of $1.10 billionGross margin of 47.2%Earnings per share of $0.20 EBITDA** of $274 millionAdjusted earnings per share of $0.42 Full-Year 2014 GAAP Results Full-Year 2014…
DetailsThe world’s leading advocate for the electronics industry today released its Global Policy Framework for 2015, outlining its top public policy priorities to promote a strong manufacturing economy. IPC – Association Connecting Electronics Industries® is a U.S.-based, global industry association dedicated to the success of its 3,500 member companies, who are spread across the entire electronics…
DetailsSpansion Inc. (NYSE: CODE), a worldwide leader in non-volatile memory and embedded systems solutions, and Macronix International Co., Ltd. (TSE: 2337), a global leader in non-volatile memory semiconductor solutions, today announced the companies have settled all outstanding patent disputes and actions, including their respective complaints at the US International Trade Commission as well as District…
DetailsGoleta, Calif.– Transphorm Inc., Transphorm Japan Inc., and Fujitsu Semiconductor Limited announced today that Fujitsu Semiconductor group’s CMOS-compatible, 150mm wafer fab in Aizu-Wakamatsu, Fukushima, Japan, has started mass production of Gallium Nitride (GaN) power devices for switching applications. The large-scale, automotive-qualified facility, which is providing exclusive GaN foundry services for Transphorm, will allow dramatic expansion of Transphorm’s…
DetailsSanmina Corporation (“Sanmina” or the “Company”) (NASDAQ GS: SANM), a leading integrated manufacturing solutions company, today reported financial results for the first fiscal quarter ended December 27, 2014. First Quarter Fiscal 2015 Summary Revenue of $1.67 billion GAAP operating margin of 3.2 percent GAAP diluted earnings per share of $0.26 Non-GAAP(1) operating margin of 4.1…
DetailsTexas Instruments Incorporated (TI) (NASDAQ: TXN) today reported fourth-quarter revenue of $3.27 billion, net income of $825 million and earnings per share of 76 cents. Earnings per share included 7 cents for two items that were not in guidance for the quarter. Regarding the company’s performance and returns to shareholders, Rich Templeton, TI’s chairman, president…
DetailsSamsung Electronics and Apple remained the top semiconductor buyers in 2014, representing with a combined semiconductor demand of 17 percent, according to Gartner.
DetailsMarket research firm ABI Research forecasts that the market for Advanced Driver Assistance Systems (ADAS) will grow from US$11.1 billion in 2014 to US$91.9 billion by 2020, passing the US$200 billion mark by 2024. ADAS packages have long been available as optional extras on luxury and executive vehicles, but recent years have seen the more…
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