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Finance

Infineon’s €1.5bn quarter

Infineon has reported calendar Q1 revenue up by €355m from €1,128m to €1,483m due to the  consolidation of International Rectifier, increased demand for chip card and security products and positive currency development.

Imec flourishes

Imec grew revenues 9% last year to €363 million which includes a €48.8 million grant from the Flemish government and a €4.1 million grant from the Dutch government to support the Holst Centre, a research center setup by Imec and TNO.

NI sees sales growth despite weak dollar

NI has reported first quarter sales revenues of $289m, which is a 2% increase on this time last year. However, weak US dollar exchange rates impacted reported dollar sales figures in Europe  which were down 4% in Q1. NI expects to see improved US dollar revenue growth for the rest of 2015 due to the impact of the strengthening of ...

Loss for ST

STMicroelectronics had Q1 revenue of $1.7 billion down 6.6% on Q1 2014 for a loss of $22 million about the same as the $24 million loss of Q1 2014. Gross margin was 33.2%.

Comment: Let’s continue and extend support for electronics

29apr15PeterBrooks-300x200.jpg

An open letter to the next prime minister from Peter Brooks, CEO of the Electronics Systems Community Dear next PM Electronic systems underpin virtually every aspect of the modern economy. The UK sector comprises over 45,000 businesses, employs over one million people and adds nearly £100bn to GDP. The Electronic Systems Community (ESCO), formerly the UK Electronic Alliance, is a ...

Swiss will test drone parcel delivery

Matternet One

 Drone parcel delivery will be trialled in Switzerland this summer by a consortium of Swiss Post, Swiss WorldCargo and Californian drone maker Matternet. “The primary aim of this pilot project is a proof-of-concept to clarify the legal framework, consider local conditions, and explore the technical and business capabilities of the drones,” said the group. The three companies are currently researching ...