Electronics news digest
12 October 2011
News
South Africa
ChipOnBoard has moved premises to Unit 9, Kinsman Industrial Park, 10 Kinsman Road, New Germany, Pinetown. The company’s telephone number is +27 (0)31 811 4626.
Overseas
Business
For the first half of its current financial year, the Premier Farnell group increased sales by 4,8% to reach a total of £497,9 million. First half operating profit grew 7,4% to 73,8 million and adjusted earnings per share were 9,3 pence.
Companies
Microchip delivered its 10 billionth PIC microcontroller recently, to Samsung Electronics. What is even more impressive is that it took the company only 10 months to go from the 9 billion mark to this new milestone.
u-blox announced the acquisition of Fusion Wireless, a provider of CDMA wireless modules for consumer and M2M applications in North America. The acquisition price was $0,9 million, fully paid for in cash, plus existing debt of $2,1 million, plus earn-out.
Texas Instruments’ $6,5 billion acquisition of National Semiconductor is officially complete. National and its 5000 employees become part of TI’s analog business, which will swell to a combined portfolio of nearly 45 000 products. TI will include National’s contribution to financial performance in the company’s third quarter earnings announcement on 24 October. With this acquisition, TI’s analog semiconductor business now represents more than 50% of the company’s revenue.
After rebuffing several takeover bids from Microsemi, Zarlink Semiconductor has finally acquiesced to an offer 19% higher than the previous. Microsemi will pay $3,86 for each share of Zarlink, for a total transaction value of approximately $525 million, net of Zarlink’s cash which is currently $107 million.
Industry
Semiconductor days of inventory (DOI) are forecast to plateau in the third quarter of 2011 at ‘worrisome’ levels given current conditions and the likelihood that consumer and business spending will be weaker than expected, according to Gartner. Gartner expects the semiconductor industry to begin an inventory correction in late 2011, with production and sell-through expected to return roughly to balance by the second quarter of 2012.
Further reading:
From the editor’s desk: Windows 10’s end of support arrives bringing industrial risks
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Electronic News Digest
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Correction: Marijana Abt, Rebound Electronics
News
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Dataweek magazine, the article titled ‘Celebrating innovation, leadership, and the next generation’ featured Marijana Abt, senior account manager at Rebound Electronics. Owing
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Trasna and RF Design announce distribution agreement
RF Design
News
Trasna and RF Design have announced a strategic distribution agreement for cellular IoT solutions which will ensure seamless availability of Trasna’s cellular connectivity solutions.
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Local partnership puts demand-side management to work in South Africa
News
Sensor Networks has partnered with European demand-side management specialist ThermoVault to bring advanced load-shifting capabilities to one of the country’s biggest energy consumers: the household geyser.
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Hisense SA launches year-long learnership programme for youth
News
Hisense SA’s manufacturing plant in Atlantis recently welcomed 100 young people from the local community, to embark on a year-long learnership and skills development programme.
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Comtest hosts channel partners
Comtest
News
Comtest, together with FLUKE, recently set the stage for an unforgettable afternoon as they welcomed over 80 Channel Partners to their annual celebration of excellence.
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RS South Africa and Qhubeka empower learners through the gift of mobility
RS South Africa
News
Through its bicycle donation initiative, 354 bicycles have been distributed to date, empowering students to access education more easily by reducing the physical and economic barriers posed by long daily commutes.
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Deca and SST announce strategic collaboration
News
The collaboration provides customers with a modular, memory-centric foundation for advanced multi-die architectures.
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Specialised Exhibitions transitions to new name: Montgomery Group Africa
News
As part of a strategic move to streamline operations, strengthen regional alignment, and support long-term growth, Specialised Exhibitions has transitioned to a new name: Montgomery Group Africa.
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