X-Fab Semiconductor Foundries has closed the first half of 2006. Consolidated sales were 89.7 million Euro (110.2 million US$), an increase of 16 percent compared to the first six months of 2005. Net profits increased by 25 percent to 9.3 million Euro, from 7.4 million Euro.

The Zilog CEO Jim Thorburn has resigned and has been replaced by CEO Robin Abrams who currently serves on the company's Board of Directors. Abrams, most recently CEO of Firefly Mobile, will act as CEO on an interim basis while the Board searches for a permanent replacement.

GP Batteries has entered into a cooperation agreement with Amita Technologies and Welldone Company to set up a new company for the sales and marketing of high-power Lithium Polymer battery. Located in Taiwan, the new company, GWA Energy, will be engaged in product marketing, battery pack design and ...

Ansoft announced financial results for its first quarter of fiscal 2007 ended July 2006. Revenue totaled $17.3 million, an increase of 17% compared to $14.8 million reported in the previous fiscal year's first quarter. On a generally accepted accounting principles (GAAP) basis, net income for the fi...

Intersil announced the promotion of Roberto Magnifico to the position of vice president of Sales, Europe, located at Intersil's sales office in Lausanne, Switzerland. Magnifico joined Intersil in 1997 as a marketing manager and progressed to sales director for Europe in 2002. Prior to Intersil, he w...

The German Industry Association for Optical, Medical and Mechatronic Technologies (Deutscher Industrieverband für optische, medizinische und mechatronische Technologien) expects a growth of more than 10% for 2006. Thus, besides the double-figure growth in exports, a positive trend has also appeared ...

Azzurri Technology will purchase GD Technik, a UK based Semiconductor Distributor. The completion of this transaction is expected to be 1st October 2006. Azzurri Technology Limited was founded in July 1997 and has subsidiaries in Germany, France, Italy and the UK. Azzurri's forecasted sales for 2006...