Power Integrations (Nasdaq: POWI) today announced a verdict in one of its ongoing patent infringement lawsuits against Fairchild Semiconductor. After a month-long trial in federal district court in San Francisco, a jury found yesterday that Fairchild willfully infringed two of Power Integrations’ patents, and awarded Power Integrations damages of $105 million. Based on the finding…
DetailsWorldwide PC shipments fell by -9.8% in 2013, slightly better than a projected decline of -10.1%, but still the most severe contraction on record, according to the International Data Corporation (IDC) Worldwide Quarterly PC Tracker. Fourth quarter results were slightly better than expected, but the outlook for emerging markets has deteriorated as competition from other…
DetailsRS Components( http://www.rs-components.com/index.html ) (RS), the trading brand of Electrocomponents plc( http://www.electrocomponents.com ) (LSE:ECM), the world’s leading high service distributor of electronics and maintenance products, is stocking two new low Equivalent Series Resistance (ESR) polymer capacitors( http://singapore.rs-online.com/web/c/passive-components/capacitors ) from the Panasonic Industrial Devices range. POSCAP(TM) and OS-CON(TM)( http://singapore.rs-online.com/web/c/passive-components/capacitors/tantalum-capacitors/?searchTerm=npi-jan14-panasonic-poscap_sg&searchType=Offers&h=s&redirect-relevancy-data=77633D4E4F4E4526 ) offer reliable, efficient, long lifetime solutions…
DetailsHoneywell (NYSE: HON) will hold its annual investor conference in New York City today to outline its new five-year targets (2014-2018) and discuss its continued outperformance and growth strategy. The Company expects 2018 sales to increase organically $7-$12 billion to $46-$51 billion and segment margins to increase 220-370 bps over 2013 levels to 18.5-20.0%. The…
DetailsAvnet, Inc. (NYSE:AVT), a leading global technology distributor, was recognized for the eighth year in a row on Fortune magazine’s “World’s Most Admired Companies” list for 2014 in the Wholesalers: Electronics and Office Equipment category. Fortune continues to acknowledge Avnet’s strengths in people management, use of corporate assets, quality of management, financial soundness, long-term investment,…
DetailsApple today announced that Peter Oppenheimer, Apple’s senior vice president and CFO, will retire at the end of September. Luca Maestri, Apple’s vice president of Finance and corporate controller, will succeed Peter as CFO reporting to Apple CEO, Tim Cook. Peter will transition the CFO role to Luca in June and the balance of his…
DetailsGowanda Electronics, a US-based designer and manufacturer of precision electronic components and inductors for power, radio frequency (RF), and high frequency (HF) applications, is teaming up with its recently acquired sister company, TTE, Inc., also a US-based company, to provide a broader range of electronic components to the global design engineering community. TTE, Inc. designs…
DetailsSan Diego, Calif. —Global Test Solutions (GTS), a supplier of high-performance test and measurement instrumentation, today announced it has signed a North American distribution agreement with Delta Elektronika. Delta manufactures programmable DC power supplies. “Delta Elektronika has chosen Global Test Solution due to our knowledge of the market and applications areas,” said Arlene Meadows, principal,…
DetailsQualcomm Incorporated (NASDAQ: QCOM) today announced the management transition of Steve Mollenkopf to chief executive officer and Dr. Paul E. Jacobs to executive chairman of the Board of Directors during the Company’s 2014 Annual Meeting of Stockholders. As CEO, Mollenkopf will assume overall responsibility for Qualcomm, including all lines of business and all functional groups…
DetailsTTI, Inc. a global distributor of connector, passive, electromechanical and discrete components, today announced the winners of its prestigious 2013 Americas Supplier Excellence Awards. Melanie Pizzey, TTI Vice President Global Product Operations, made the announcement. “We are pleased to announce this year’s Supplier Excellence Award winners.” TTI acknowledges the following suppliers for their outstanding performance:…
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