Arrow Electronics, Inc. (NYSE:ARW) today reported fourth-quarter 2017 sales of $7.63 billion, an increase of 18 percent from sales of $6.44 billion in the fourth quarter of 2016. Fourth-quarter net income of $54 million, or $0.60 per share on a diluted basis, compared with net income of $165 million, or $1.81 per share on a…
DetailsTechnology company Continental and NVIDIA announced today a partnership to create Artificial Intelligence (AI) self-driving vehicle systems based on the NVIDIA DRIVE™ platform, with a planned market introduction in 2021 for Level 3 features. The partnership enables the development of AI computer systems scaling from automated Level 2 features to full Level 5 self-driving capabilities,…
DetailsSK Hynix Inc. (or ‘the Company’, www.skhynix.com) today announced that the Company recently completed developing an enterprise SATA Solid State Drive (or ‘eSSD’). With its 72-Layer 512Gb (Gigabits) 3D NAND Flash chips, the Company is paving the way for its full-fledged entrance to the high value-added eSSD market. SK Hynix combined the 72-Layer 512Gb 3D NAND…
DetailsPremier Farnell announced a distribution agreement for the worldwide distribution of IDT’s RF, timing, memory interface, real-time interconnect, optical interconnect, wireless power and sensing solutions through all of the Premier Farnell companies. Integrated Device Technology, Inc. (IDT) (NASDAQ: IDTI) together with Premier Farnell, The Development Distributor, today announced a partnership agreement for the worldwide distribution of…
DetailsGlobal semiconductor distributor, Symmetry Electronics, announced today the company has signed a franchise agreement with RECOM Power to promote the full line of RECOM power supply modules. RECOM Power’s innovative AC/DC, DC/DC converters, switching regulators, and LED driver modules help customers accelerate their product to market by simplifying the development process of highly efficient power…
DetailsWorld Micro is proud to announce the appointment of President & CEO Dan Ellsworth to the ECIA Foundation Board of Directors. “It is an honor to join the ECIA Foundation Board of Directors. I look forward to collaborating with other leaders in raising awareness of STEM opportunities, and the many other career possibilities within our…
DetailsHeilind Electronics, a leading global distributor of electronic components and authorized distributor for Molex, has expanded its selection of interconnect solutions with the company’s Micro-Lock Plus off-the-shelf discrete wire cable assemblies. Featuring up to a 1.5 A current rating, these assemblies come in a variety of cable lengths and use a compact connector to support…
DetailsFuture Electronics, a global leading distributor of electronic components, is now an active member of the Electronics Representatives Association (ERA), the only organization that serves and speaks for electronics industry reps, manufacturers and distributors who are field sales partners. “Future Electronics is one of the most forward-thinking electronic components distributors in the industry,” said ERA…
DetailsQualcomm Incorporated (NASDAQ: QCOM) (“Qualcomm” or the “Company”) today confirmed that it has received a revised, non-binding, unsolicited proposal from Broadcom Limited (NASDAQ: AVGO) to acquire all outstanding shares of Qualcomm for $60.00 per share in cash and $22.00 per share in Broadcom stock. Consistent with its fiduciary duties, the Qualcomm Board of Directors, in consultation with its financial…
DetailsNAI, a leading manufacturer of global connectivity solutions for high performance systems used in the industrial technology, telecom, data and medical industries, announces the planned opening of its newest factory. Located in Gaylord, MI, the new plant represents the companys’ return of manufacturing to the U.S. and the Midwest. NAI moved its manufacturing operations out…
Details