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Industry News (2012/04/23)

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Freescale's Second quarter sales will grow

Published:2012/4/23 4:28:00 Author:Ecco

In the Freescale Semiconductor Inc.’s first quarter financial report, Freescale had a net loss in accordance with generally accepted accounting principles (GAAP) for the quarter of $9 million, or 4 cents per share. The net loss was wider than the previous quarter net loss of $6 million but narrowed compared to a net loss of $148 mi...   (View)

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Altera's sales reduce because of inventory glut, comms weakness

Published:2012/4/23 2:12:00 Author:Ecco

According to the latest research, Altera’s first quarter sales is $383.8 million which reduces 16 percent from the fourth quarter of 2011 and downs 28 percent from the first quarter of 2011. Moreover, the company’s income for the quarter of $115.8 million downs 21 percent from the previous quarter and downs 48 percent from the year-ago quarter. However, Altera said first quarter sales came up well short of...   (View)

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ITT Set up an Assembly Service for Military Market in UK

Published:2012/4/23 1:36:00 Author:Li xiao na

ITT Interconnect Solutions has developed an assembly service for MIL-DTL-38999 specified connectors by investing £500,000 at its Basingstoke. These connectors are for the local military and space markets. ITT always pays much attention to the military/aerospace market in UK. There is an uplift in the market for 38999 connector, and IT...   (View)

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