Semiconductor Sales Advance 5.1% in May

The global semiconductor industry overcame lingering macroeconomic uncertainty to post solid year-to-year growth in May, according to the Semiconductor Industry Association (SIA).  Worldwide sales of semiconductors reached $28.2 billion for the month of May 2015, an increase of 5.1 percent from May 2014 when sales were $26.8 billion, the SIA said. Global sales from May 2015…

Wearable Sensors to Grow 45.2% Through 2020

The burgeoning wearable electronics market would likely not exist if it weren’t for wearable sensors. The global wearable sensors market was valued at $70 million in 2014, and is expected to grow at a CAGR of 45.2% from 2014 to 2020, according to a recent report. Wearable sensors are one of the most important components…

Arrow Defies Currency Headwind

Arrow Electronics Inc. faced a good news/bad news conundrum in the latest quarter. European sales soared but with the euro slumping against the dollar, the distributor found itself reporting negative growth for the region. Strip out currency fluctuations, though, and Arrow executives could easily have boasted that they exceeded sales expectations. The dollar’s climb against…

Flextronics Fiscal Q4 Sales Sag, Profits Rise

Flextronics (NASDAQ: FLEX), a leading end-to-end supply chain solutions company, today announced results for its fourth quarter and fiscal year ended March 31, 2015: Flextronics net sales for the fourth quarter ended March 31, 2015 were just under $6.0 billion, slightly below its previously provided revenue guidance of $6.0 billion to $6.4 billion. Despite the…

Semiconductor Market Posts Strong Growth in 2014

El Segundo, Calif. — The worldwide semiconductor market grew by 9.2 percent in 2014, slightly below the growth projection of 9.4 percent, led by sales of memory devices, according to IHS Technology. The fourth quarter, alone, showed 9.7 percent year-over-year growth. This translated into global revenue of $354.5 billion in 2014, up from $324.7 billion in 2013. “The…

Microsemi Sales Increase Nearly 17%

Aliso Viejo, Calif. — Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today reported unaudited results for its fourth quarter and fiscal year 2014 ended Sept. 28, 2014. Net sales for Microsemi’s fourth quarter of fiscal year 2014 were $303.3 million, up 3.8 percent sequentially and up 21.1 percent from…