A gift from TE Connectivity, a world leader in connectivity, will provide Penn State Harrisburg engineering students in the School of Science, Engineering, and Technology with expanded experiential learning opportunities. The $500,000 gift will create the TE Connectivity Capstone Design Endowment to fund Penn State Harrisburg senior engineering capstone projects as well as create the…
DetailsRochester Electronics, LLC today announced that it has entered into a continuing solution agreement with Atmel Corporation, a global leader in microcontroller and touch technologies. This new agreement will provide customers a continuing supply of end-of-life products discontinued by Atmel. As products reach the end of their normal life cycle, there are many industries that…
DetailsSager Electronics, a leading North American distributor of IP&E electronic components, announced that CHERRY has awarded them the 2012 “Partners in Growth Award”. CHERRY is a leading manufacturer of computer keyboards, snap-action and rocker switches, magnetic sensors and controls, and automotive modules. “The ‘Partners in Growth’ Award is the most important award that we give,”…
DetailsKemet Corp. (NYSE: KEM) today reported preliminary results for the first fiscal quarter ended June 30, 2013. Net sales for the quarter ended June 30, 2013 were $202.7 million, and on a U.S. GAAP basis, the net loss was $35.1 million, or $0.78 loss per basic and diluted share compared to a net loss of…
DetailsRichardson Electronics, Ltd. (NASDAQ: RELL) today reported sales and earnings for its fourth quarter and fiscal year ended June 1, 2013. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend. Fiscal 2013 Results Net sales for fiscal 2013 were $141.1 million, a 10.6% decrease compared to net…
DetailsMouser Electronics, Inc. today announced its new global distribution partnership with Bluetechnix, an industry leader in high quality embedded systems. In business since 2004, Bluetechnix is a manufacturer of high quality embedded systems. With its extensive experience and know-how in embedded system design that flows into an array of feature-rich System on Modules (SoM), Bluetechnix…
DetailsGlobal electronic components distributor Digi-Key Corporation, the industry leader in electronic component selection, availability and delivery, today announced the signing of a distribution agreement with Electric Imp, which offers a platform that combines a cloud service and hardware solution that makes it easy to connect devices to the Internet. Now available worldwide through Digi-Key are…
DetailsCelestica Inc. (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced financial results for the second quarter ended June 30, 2013. Second Quarter 2013 Highlights Revenue: $1.495 billion, above our guidance of $1.375 to $1.475 billion (announced April 23, 2013), decreased 14% compared to the second quarter of…
DetailsFor the second calendar quarter in a row, smartphone shipments represented more than half (52%) of the world’s mobile phone shipments. Led by electronics manufacturer Samsung, an estimated 408 million handsets and 214 million smartphones shipped during the second quarter of 2013, according to market intelligence firm ABI Research. Feature phone shipments declined 20% year-over-year…
DetailsBenchmark Electronics, Inc., a leading integrated contract manufacturing provider, today announced financial results for the second quarter which ended June 30, 2013. Three Months Ended June 30, March 31, June 30, 2013 2013 2012 Net sales…
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