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.
Finance
Tablet shipments tumble
Q2 tablet shipments st 49.3 million units will be 10% down on Q2 2014, says DigiTimes Research.
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
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 ...
Phasing out legacy networks may take five years – Ovum
LTE’s appeal and increased affordability means operators in developed markets have to refarm GSM or CDMA spectrum to accommodate this demand. The next step is to close down these legacy networks.
Applied-Tokyo Electron deal scuppered by US DoJ
The takeover of Tokyo Electron and Applied Materials has been called off following US DoJ objections on anti-trust grounds.
Swiss will test drone parcel delivery
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 ...
ST suffering strike action
Last Friday Crolles was closed due to strike action and on Thursday this week there will be a strike across all ST sites, says the staff union CAD-ST.