Global electronic components distributor Digi-Key Corporation, the industry leader in electronic component selection, availability and delivery, recently received TE Connectivity’s (TE) 2013 Americas Distributor of the Year award. This award is presented annually to the distributor demonstrating innovation and performance in support of TE product. Historically, Digi-Key has been well positioned with TE, garnering back-to-back…
DetailsInternational Rectifier Corporation (NYSE:IRF) today announced financial results for the third quarter (ended March 30, 2014) of its fiscal year 2014. Revenue was $269.3 million, about flat compared to $270.0 million in the prior quarter and a 20.1% increase from $224.3 million in the prior year quarter. GAAP net income for the third quarter was $19.1…
DetailsGeneral Cable Corporation (NYSE: BGC) reported today results for the first quarter ended March 28, 2014. For the first quarter of 2014, excluding certain items, the Company recorded adjusted loss per share of ($0.05) and adjusted operating income of $27 million. For the first quarter of 2014, reported loss per share was ($6.42) and reported…
DetailsBinder-USA, a global supplier of high-quality circular connectors and cordsets for over 50 years, has announced its newest Canadian distributor, Matrix Technology Ltd. With new distribution facilities that are closer to our customers, we are pleased to say that we look forward to expanding our services and products to further satisfy Canadian customers. …
DetailsRS Components (RS), the trading brand of Electrocomponents plc (LSE: ECM), the world’s leading high service distributor of electronics and maintenance products, has signed a global distribution agreement with FCT, a Molex company*, to supply the company’s popular range of D-Sub interconnect products worldwide. This formal agreement cements the excellent relationship that has existed between…
DetailsFirst Quarter 2014 Overview: Revenue: NT$31.69 billion (US$1.04 billion) Gross margin: 18.6%; operating margin: 3.0% Foundry capacity utilization rate: 81% Net income attributable to the stockholders of the parent: NT$1.18 billion (US$38.7 million) Earnings per share: NT$0.09; earnings per ADS: US$0.015 United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC” or “The Company”), a leading global…
DetailsCTS Corporation (NYSE: CTS) today announced first quarter 2014 results: Revenues of $100.7 million, an increase of 2.7% compared to first quarter of 2013. GAAP earnings from continuing operations of $5.1 million, or $0.15 per diluted share, compared to $3.0 million, or $0.09 per diluted share, in the first quarter of 2013. Adjusted EPS from…
DetailsAVX Corporation (NYSE: AVX) today reported preliminary unaudited results for the fourth quarter and fiscal year ended March 31, 2014. Chairman and Chief Executive Officer, John Gilbertson, stated, “We completed our fiscal year with improved results year over year in terms of both sales and income. The fourth quarter reflected an increase in sales over…
DetailsSager Electronics, a leading North American distributor of IP&E electronic components, today announced the further expansion of its Field Application Engineering (FAE) program with the addition of Bob Kochem. Mr. Kochem joins Sager as a field applications engineer supporting power and thermal design activities in New England. “At Sager Electronics, we continue to expand our…
DetailsMolex Incorporated is pleased to announce that it will receive three 2014 TTI, Inc. Supplier Excellence Awards at an award ceremony being held in May. A leading global distributor of passive, interconnect, electromechanical and discrete components, TTI, Inc. presents the prestigious awards to recognize supply partners for adherence to high standards and practices in a…
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