Littelfuse, Inc. (NASDAQ:LFUS) today reported sales and earnings for the first quarter of 2014. First Quarter Highlights Sales for the first quarter of 2014 were $206.9 million, a 21% increase compared to the prior-year quarter. This excellent sales performance was due to the Hamlin and SymCom acquisitions as well as strong organic growth in automotive…
DetailsCirrus Logic, Inc. (NASDAQ : CRUS) and Wolfson Microelectronics plc (LSE : WLF or WLF.L) today announced the terms of a recommended transaction under which Cirrus Logic would acquire Wolfson at a price of £2.35 per share in cash, implying an enterprise value of £278 million, or approximately $467 million. The transaction, if approved, is expected to…
DetailsIoxus, a manufacturer of premium performance ultracapacitor technology for use in transportation, industrial and energy applications, today announced the opening of its second manufacturing facility in Oneonta, New York. The 22,000 sq. ft. plant, located less than a mile from Ioxus’ headquarters, will create increased capacity for both electrode manufacturing and module assembly to meet…
DetailsSTMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported financial results for the first quarter ended March 29, 2014. First quarter net revenues totaled $1.83 billion, gross margin was 32.8%, and net loss was $0.03 per share. “First quarter revenue and gross margin results were well aligned with…
DetailsSTMicroelectronics (NYSE: STM) announced today the appointment of Jean-Marc Chery as Chief Operating Officer. Chery currently serves as Executive Vice President and General Manager, Embedded Processing Solutions (EPS). He will continue to report to Carlo Bozotti, ST’s President and Chief Executive Officer. In this new role, Chery will continue to hold overall responsibility for EPS…
DetailsSemiconductor Manufacturing International Corporation (NYSE: SMI; SEHK: 981) (“SMIC” or the “Company”), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended March 31, 2014. First Quarter 2014 Highlights Revenue was $451.1 million in 1Q14, a decrease of 8.3% quarter over quarter. Non-GAAP revenue…
DetailsExar Corporation (NYSE:EXAR), a leading provider of analog mixed-signal, video and data management solutions, through a wholly owned subsidiary, has signed a definitive agreement to acquire Integrated Memory Logic Limited (iML TW:3638), a leading provider of analog mixed-signal solutions for the flat panel display market. The iML acquisition supports Exar’s strategy of building a large…
DetailsAs part of its growing development kit offering, element14 has partnered with Freescale to launch the MagniV S12ZVML-MINIBRD variable speed motor control development kit. The new S12ZVML-MINIBRD provides a low cost and easy to use motor control evaluation and development platform. The kit includes both the hardware and software needed to get a variable speed…
DetailsMonolithic Power Systems (MPS) (Nasdaq: MPWR), a leading fabless manufacturer of high-performance analog and mixed-signal semiconductors, today announced financial results for the quarter ended March 31, 2014. The results for the quarter ended March 31, 2014 are as follows: Net revenue was $60.1 million, a 5.5% decrease from $63.6 million in the fourth quarter of…
DetailsToshiba Corporation’s (TOKYO:6502) Semiconductor & Storage Products Company today announced that it will start from today, sample shipments of 32-gigabyte and 64-gigabyte (GB) embedded NAND flash memory modules compliant with the JEDEC UFS[1] Ver.2.0 standard, the first company in the industry[2] to do so. The modules also integrate 5.8Gbps High-speed MIPI® M-PHY®[3] HS-G3 I/F, which…
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