Industry News

DSP Group ®, Inc., a leading global provider of wireless chipset solutions for converged communications, announced today that in light of its strong cash position and its focus on stockholder value, the Company’ s Board of Directors authorized the Company to repurchase additional shares of its common stock, bringing the total repurchase authorization to up to $10 million. As of the end of July 2016, approximately $2 million remained under the 2015..."/>
DSP Group Announces Increasing the Stock Repurchase Program to up to $10 Million
Fairchild Semiconductor, a leading global supplier of power semiconductors, today announced results for the second quarter ended June 26, 2016. Fairchild reported second quarter sales of $350.0 million, up 7 percent from the prior quarter and 1 percent lower than the second quarter of 2015.. Fairchild reported second quarter net income of $6.9 million or $0.06 per diluted share compared to $14.8 million or $0.13 per diluted share in the prior quarter..."/>
Fairchild Reports Results for the Second Quarter of 2016
Nova Measuring Instruments, a leading innovator and a key provider of metrology solutions for advanced process control used in semiconductor manufacturing, today announced that Eli Fruchter, founder and former CEO of EZchip Semiconductor, has been appointed to the Company's Board of Directors. Eli Fruchter founded EZchip Semiconductor, a supplier of highly integrated Network Processors, where he served as the Chief Executive..."/>
Eli Fruchter Joins Nova's Board of Directors
Tucows Inc., a provider of network access, domain names and other Internet services, today reported its financial results for the second quarter ended June 30, 2016. All figures are in U.S. dollars.. This Non-GAAP financial measure is described below and reconciled to GAAP net income in the accompanying table."/>
Tucows Reports Continuing Strong Financial Results for Second Quarter of 2016
RetailMeNot, Inc., a leading digital savings destination connecting consumers with retailers, restaurants and brands, both online and in-store, today announced the launch of its new brand campaign "Yours for the Saving" to let consumers know that price should never come between them and the things they want. RetailMeNot shows it can bring the two together through the power of savings. With the launch of the campaign, RetailMeNot aims to position..."/>
RetailMeNot Launches New Brand Campaign: Yours for the Saving™
Canadian Solar Inc., one of the world's largest solar power companies, today announced that it has signed a Power Purchase Agreement for the 63 MWp solar power plant in Aguascalientes, Mexico with the Federal Electricity Commission. This project was awarded in April 2016 under the Mexico's First Long Term Electricity Auction and it is expected to generate electricity by September 2018. All the electricity generated will be sold to the CFE..."/>
Canadian Solar Signs PPA for 63MWp Solar Power Project in Mexico
Ceragon Networks Ltd., the #1 wireless backhaul specialist today reported results for the second quarter which ended June 30, 2016.. Revenues- $70.0 million, down 26% from the second quarter of 2015, and up 17% from the first quarter of 2016.. Gross margin- 34.7%, compared to 28.2% in the second quarter of 2015 and 35.6% in the first quarter of 2016.."/>
Ceragon Networks Reports Second Quarter 2016 Financial Results
Avnet, Inc., a leading global technology distributor, today announced a distribution agreement with SiTime Corporation, a MEMS and analog semiconductor company and wholly owned subsidiary of MegaChips Corporation. Effective immediately, Avnet will offer SiTime’ s MEMS oscillators in the Americas and Asia, excluding Japan. SiTime offers MEMS-based silicon timing solutions that can replace legacy quartz products, providing greater performance,..."/>
Avnet Adds SiTime’s MEMS Timing Solutions to Line Cards in Americas and Asia
Microsemi Corporation, a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced the availability of its mainstream Flashtec NVM Express 2108 eight channel and NVMe2104 four channel controllers, enabling leading enterprises and data centers worldwide to realize cost and power effective high capacity solid state drives. The second generation PCIe devices..."/>
Microsemi Extends Flashtec Product Line with NVMe Controllers Optimized for Mainstream, High-Capacity Enterprise and Data Center SSDs
Sinosoft Technology Group Limited is pleased to announce the interim results of the Group for the six months ended 30 June 2016. Abstract- Revenue reached RMB 204.7 million, representing an increase of 21.2% year-on-year- Net profit reached RMB 66.8 million, representing an increase of 17.7% year-on-year- Net profit margin recorded 32.6%- Basic earnings per share for the six months ended 30 June 2016 was RMB 6.47 cents, as compared with RMB 5.50 cents for the..."/>
Sinosoft Technology Announces Interim Results 2016
Hitachi Power Systems, Ltd. has received an order for a steam turbine and generator set with a rated output of 49 megawatts for Chang Chun Petrochemical Co., Ltd. of Taiwan. The machinery on order will become the core equipment of a coal-fired cogeneration system expansion project underway at the company's Miaoli Plant in Miaoli City. The new plant equipment is scheduled to go onstream in the first half of 2018. Chang Chun Petrochemical's..."/>
MHPS Receives Order for Steam Turbine and Generator Set for Chang Chun Petrochemical of Taiwan
Qualcomm Incorporated on Sunday announced that it has entered into a new 3 G and 4 G Chinese patent license agreement with vivo Communication Technology Co Ltd.. Under the terms of this agreement, Qualcomm has granted vivo a royalty-bearing patent license to develop, manufacture and sell 3 G WCDMA and CDMA2000 and 4 G LTE complete devices for use in China. Reportedly, these royalties payable by vivo are consistent with the terms of the rectification plan submitted by Qualcomm to..."/>
Qualcomm and vivo sign new 3G/4G patent license agreement in China
Integrated Device Technology, Inc., via its subsidiary ZMD AG, today announced the expansion of its automotive capabilities through the TS 16949 certification of a second test and production facility. The company's longstanding production facility in Penang, Malaysia has passed the two-stage certification process for automotive backend manufacturing under the requirements of TS 16949, the International Standard for Automotive..."/>
IDT Announces Automotive Certification that Enables Dual-Source Capacity from Two TS 16949-Certified Facilities
Information Services Group, Inc., a leading technology insights, market intelligence and advisory services company, today announced financial results for the second quarter ended June 30, 2016.. "We had a great second quarter, delivering the highest revenues we have ever achieved in any quarter. All regions contributed to our strong growth, including the Americas and Asia Pacific, which both delivered record revenue quarters."/>
Information Services Group Announces Second-Quarter Financial Results
Silicon Motion Technology Corporation, a global leader in NAND flash controllers for solid-state storage devices, today announced it will be presenting at the upcoming Flash Memory Summit in Santa Clara, CA from August 9 th to 11 th and will be showcasing an array of industry-leading, next-generation turnkey controller solutions for high-performance SSD, UFS, UHS and USB products using 3 D NAND. Since 2005, Silicon Motion has shipped over..."/>
Silicon Motion Showcases Next-Generation Controller Solutions for 3D NAND at 2016 Flash Memory Summit
CYREN today announced the appointment of Atif Ahmed as vice president of sales for Europe, Middle East and Africa. Based in the UK, Ahmed's responsibilities include overseeing the region's sales, services, strategic channels and alliances, as well as driving additional business in new EMEA territories. With more than 20 years of experience in the security space, Ahmed most recently served in senior sales leadership positions at AppSense,..."/>
CYREN Names Atif Ahmed as Vice President of EMEA Sales
ReneSola Ltd, a leading brand and technology provider of energy-efficient products and project developer, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2016 before the U.S. market open on Wednesday, August 24, 2016.. ReneSola's management will host an earnings conference call on August 24, 2016 at 8:30 a.m. U.S. Dial-in details for the earnings conference call are as follows:."/>
ReneSola to Host Second Quarter 2016 Results Conference Call on August 24, 2016
Ceragon Networks Ltd., the #1 wireless backhaul specialist, today announced the release of its FibeAir IP-20 Assured Platform. Leveraging on the worldwide success of the IP-20 Platform and having earned FIPS 140-2 validation by the US National Institute of Standards and Technology, the IP-20 Assured provides a premium wireless backhaul solution for enhanced security."/>
Ceragon Introduces FibeAir IP-20 Assured Platform, Delivering Wireless Backhaul with Enhanced Security for Mission-Critical Networks
ON Semiconductor Corporation on Saturday reported GAAP net income of USD25.1m or USD0.06 per diluted share for the second quarter of 2016, down from the GAAP net income of USD51.4m or USD0.12 diluted income per share in the same quarter last year. The company said that this net income was negatively impacted by about USD63.4m of special items. Total revenues in the second quarter were USD877.8m, slightly down compared to the total revenues of USD880.5m in the second quarter of..."/>
ON Semiconductor reports reduced net income for Q2 2016 year over year
ON Semiconductor Corporation on Friday reported GAAP net income attributable to the company of USD25.1m, or diluted EPS of USD0.06, for the second quarter of 2016, ended 1 July 2016.. This was a decline over net income attributable to the company of USD50.7m, or diluted EPS of USD0.12, in Q2 2015. It was also a decline over net income of USD36.0m, or diluted EPS of USD0.09, in the immediate, preceding Q1 of 2016.."/>
ON Semiconductor posts net income of USD25.1m in Q2 2016

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