Oki Electric Industry will outsource its semiconductor segment to the Oki Semiconductor Company on the 1st October 2008. The focus of the product range is on low power high voltage technologies, mixed signal solutions and miniaturised modules. Miyazaki Oki and Miyagi Oki will follow as subsidiary co...

In its spring report the World Semiconductor Trade Statistics (WSTS) forecasts a growth of 4.7% to 267.7 bn US$ for the worldwide semiconductor market. Compared to the November 2007 prognosis, the current forecast was corrected downwards by 4.4 percentage points. The WSTS sees only small correction ...

The Abacus Group, a European electronic components distributor, announced its interim Results for the six months ended 31 March 2008. The turnover was £139.1m (down 6.4% to 2007 with £148.6m). Profit before tax (after exceptionals and amortisation) was £5.8m (2007: £5.9m), before exceptionals and am...

The winners of the Best Paper and the three Young Engineer Awards were announced at the PCIM Europe Conference which started on the 27th May. The Best Paper Award is granted for a current application in the field of Automotive and Industry. The Young Engineer Awards go to authors up to 35 years of a...

Avnet will acquire Ontrack Solutions of India. A Mumbai-based systems integrator established in 1993, Ontrack is a provider of security, networking, consolidation, virtualization, storage and server solutions. From nine locations throughout India, Ontrack supports customers in a variety of end marke...

In the second quarter 2008, Analog Devices achieved a turnover of 649.3 m US$ and thus increased its previous year results by 8.7%. The net profit was 133.1 m US$. Compared to the previous year this was an increase of 6.1%. The sales of analogue modules increased by 8% in comparison to the same quar...

Mentor Graphics has acquired the assets of Ponte Solutions, a Mountain View, CA developer of model-based design for manufacturing (DFM) solutions. Terms of the transaction were not disclosed. Ponte personnel and technology will be merged into the respective departments within the Mentor Graphics Cal...