Overseas
Business
Agilent Technologies reported revenues of $1,69 billion for its third fiscal quarter, 22% above one year ago, or 19% excluding the effects of acquisitions and divestitures. Third-quarter GAAP net income was $330 million, or $0,92 per share. Last year’s third-quarter GAAP net income was $205 million, or $0,58 per share.
ANADIGICS reported second quarter 2011 net sales of $35,6 million. This represents a sequential decrease of 18,1% and a decrease of 31,1% from the second quarter of 2010. For the first six months ended 2 July 2011, net sales were $79,0 million, a decrease of 17,0% over the prior year. GAAP net loss for the second quarter of 2011 was $13,1 million, or $0,19 per share.
Advanced Analogic Technologies reported financial results for its second financial quarter. Net revenue was $24,1 million, compared to $23,1 million for the second quarter of 2010, and $20,5 million for the first quarter of 2011. GAAP net loss for the second quarter of 2011 was $3,1 million, or $0,07 per diluted share. This compares to a net loss of $3,9 million, or $0,09 per diluted share, for the second quarter of 2010 and a net loss of $7,7 million, or $0,18 per diluted share, for the first quarter of 2011.
For its second 2011 fiscal quarter, Atmel achieved revenues of $478,6 million, a 4% increase compared to the first quarter of 2011, and a 22% increase compared to the second quarter of 2010. Net income, on a GAAP basis, totalled $90,9 million or $0,19 per diluted share for the second quarter of 2011. This compares to first quarter 2011 net income of $74,6 million, or $0,16 per diluted share.
Cree announced revenue of $243,0 million for its fourth quarter of fiscal 2011. This represents an 8% decrease compared to revenue of $264,6 million reported for the fourth fiscal quarter last year and an 11% increase compared to the third quarter of fiscal 2011. GAAP net income for the fourth quarter of $19,8 million, or $0,18 per diluted share, decreased 63% year-over-year. For the full fiscal year, the company racked up revenue of $987,6 million, which represents a 14% increase compared to fiscal 2010. GAAP net income of $146,5 million, or $1,33 per diluted share, decreased 4% compared to last year.
Diodes Incorporated reported its financial results for the second quarter of fiscal 2011. Revenue was a record $169,8 million, an increase of 14% over last year, and an increase of 5% from the first quarter of 2011. GAAP net income was $18,0 million, or $0,38 per diluted share, compared to second quarter of 2010 GAAP net income of $16,6 million, or $0,37 per diluted share, and first quarter of 2011 GAAP net income of $19,7 million, or $0,42 per diluted share.
International Rectifier announced financial results for the fourth quarter of its fiscal year 2011. Revenue was $317,2 million, a 6,9% increase from the third quarter of 2011 and a 20,3% increase over the fourth quarter of 2010. The company’s net income was $39,6 million, or $0,55 per fully diluted share for the fourth quarter of 2011, compared with net income of $49,5 million, or $0,69 per fully diluted share, in the third quarter of the year.
Companies
Farnell has been awarded the ‘Leaders in innovation’ award from Alpha Wire, a leading manufacturer of cables, wires and heat shrink products. The award recognised Farnell’s sales performance throughout the year, achieved as a direct result of its strategy of combining commerce and community via its element14 website portal.
Crocus Technology announced the acquisition of NXP Semiconductors’ MRAM (magnetic RAM) patent portfolio. These patents provide fundamental MRAM intellectual property rights in multiple geographic areas worldwide.
Kontron announced that it has adopted the ARM architecture for, initially, products in the module and board form factors. Under development at Kontron is a new module format optimised for usage with ARM system-on-chip processor types. The modules will enable ARM processors (single, dual and quad core) to be used in most vertical market applications. Following the initial release, Kontron then plans to expand its SBC family, as well as tablet and box PCs and HMIs. All Kontron ARM-based products will be available as standard solutions or as customer-specific designs as required.
Industry
New In-Stat research is forecasting Bluetooth-enabled device shipments to exceed 2 billion in 2013. Bluetooth has been bolstered in the past year by the emergence of two new standards. Bluetooth 3.0 + High Speed (HS) combines classic Bluetooth and Wi-Fi to transmit large data files and Bluetooth 4.0, which offers much lower power consumption than classic Bluetooth and targets medical and fitness devices, as well as PCs and mobile phones. However, classic Bluetooth is still expected to remain the leading BT interface throughout the forecast period.
In a recently published report, Databeans forecasts that the LED market will grow at a 36% compound annual growth rate for lighting applications, and expected to reach $4,5 billion by 2016. This number is outpacing the LED market as a whole – a market currently being led by Taiwan on a national basis. Recent technology and environmental policies have been pushing companies to record high revenue numbers in this emerging market. The bulk of this demand includes retrofitting existing incandescent and fluorescent infrastructure with new LED bulbs.
Technology
Rice University engineering researchers have made a breakthrough that could allow wireless phone companies to double throughput on their networks without adding a single cell tower. The new ‘full-duplex’ technology allows wireless devices like cellphones and electronic tablets to both ‘talk’ and ‘listen’ to wireless cell towers on the same frequency – something that requires two frequencies today. The challenge of developing new wireless standards for full-duplex remains, but the researchers expect that we may start seeing this when carriers upgrade to 4,5G or 5G networks in just a few years.
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