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Elcoteq Inaugurates a New Plant in India

Mon, 06/06/2005 - 9:25am

Elcoteq Network Corporation inaugurated a new plant in Bangalore, India April 11, 2005. At the same time, Elcoteq became the first global EMS company to manufacture telecommunications equipment in India. When fully operational, Elcoteq’s Bangalore facility will employ approximately 1,000 people and manufacture products for global customers operating in India as well as the Asia-Pacific region. The construction of the facility was completed in a record time of nine months.

Cadence Completes Acquisition of Verisity

Cadence Design Systems, Inc. announces that it has completed the acquisition of Verisity, Ltd. Under the terms of the agreement, Cadence acquired Verisity in an all-cash transaction for approximately $315 million. Verisity stockholders will receive $12 in cash in exchange for each outstanding share of Verisity stock.

Andrew Corporation Reports $482 Million in Sales and Record Orders of $507 Million

Andrew Corporation reports second quarter sales of $481.8 million, up 8% from $447.1 million in the year ago quarter. Higher sales were primarily due to a 13% increase in sales for Wireless Infrastructure, offset partially by lower sales for Satellite Communications. Orders for the second quarter were a record $507 million, up 14% versus the prior year quarter. The book-to-bill ratio was 1.05, reflecting the highest ratio since the third quarter of fiscal 2002.

Wi-Fi Alliance Expands Wi-Fi Protected Access™ Certification Program for Enterprise and Government Users

The Wi-Fi Alliance has added four new widely deployed Extensible Authentication Protocol (EAP) types to its Wi-Fi Protected Access-(WPA™) and WPA2™-Enterprise certification programs. These new EAP types further expand the tested interoperability of Wi-Fi CERTIFIED™ WPA- and WPA2-Enterprise networking products for enterprise and government deployments. The newly-supported EAP types include EAP-TTLS/MSCHAPv2, PEAPv0/EAP- MSCHAPv2, PEAPv1/EAP-GTC and EAP-SIM, joining the currently tested EAP-TLS. In addition, supplicants and authentication servers from Wi-Fi Alliance member companies Devicescape Software and Meetinghouse join existing products from Funk Software, Inc. and Microsoft Corp. in the test bed for the program.

Richardson Opens New RF/Microwave Office in Nanjing, China

Richardson Electronics announces that it has expanded its market footprint in the Asia Pacific region by opening an RF/Microwave sales office in Nanjing, China. The new office represents Richardson’s continued growth and further investment in the Asia Pacific region. With plans to broaden its market share in line with the growth of its customers, Richardson’s Nanjing office will focus on developing design and application support for custom-made RF products while simultaneously improving upon design, application and testing support for high-power transistors and hybrid models. The company will also expand upon its exclusive tier 1 vendor base design platform.

RF Micro Devices Announces Financial Results

RF Micro Devices, Inc. reports financial results for its fiscal 2005 fourth quarter, which ended March 31, 2005. The company's results were consistent with updated financial guidance provided on April 14, 2005. Revenue for the quarter was $150.4 million, a decrease of 8.0% versus revenue of $163.4 million for the corresponding quarter of fiscal 2004, and a sequential decrease of 11.0% versus revenue of $168.9 million for the quarter ended December 31, 2004. The year-over-year decline in quarterly revenue was primarily the result of lower sales to handset manufacturers in Asia and the decline in the U.S. market for TDMA handsets. The sequential decline in quarterly revenue reflected normal seasonality, partially offset by strength at a tier 1 handset manufacturer in Asia and share gains in the market for EDGE cellular transceivers.

Morpho Technologies Receives Investment in Series C Funding and Announces New CEO

Morpho Technologies announces the first close of its $10 million series C funding round. Current investors, Smart Technology Ventures and BridgeWest LLC, are co-leading this round of investment. This current investment in the company's series C funding round is evidence of the traction the company is gaining in the software defined radio (SDR) market as well as broader acceptance of SDR as a technology platform for next-generation broadband wireless products. John Rayfield has joined Morpho Technologies as CEO. John brings 18 years of electronics and semiconductor experience to the Morpho Technologies team.

Kleiner Perkins and Vinod Khosla Invest Additional $7.5 Million in eASIC Corporation

eASIC® Corporation announces that it has secured $7.5 million in equity financing from Kleiner Perkins Caufield & Byers (KPCB) and Vinod Khosla. As follow-on to the previous investment of $5 Million on May 2004, this additional venture capital funding is a vote of confidence in the company’s breakthrough technology and fast growth. The funding will be used to expand the company’s global operations, including marketing and sales and develop the next generation configurable logic and structured ASIC products in 65 nm.

Fujitsu and SiGe Semiconductor Collaborate to Deliver WiMAX Reference Design for the 3.5 GHz Band

Fujitsu Microelectronics America, Inc. and SiGe Semiconductor, Inc. announce a complete reference design that will provide manufacturers with a production-ready blueprint for the development of WiMAX™-capable broadband wireless access systems. The reference design includes all of the software and hardware required to design residential and enterprise customer premise equipment. It is based on the Fujitsu WiMAX-compliant baseband system-on-chip (SoC), the new MB87M3400, and the SE7351L/SE7051L RF transceiver chipset from SiGe Semiconductor. The reference design will be submitted to the WiMAX Forum™ for certification in 2005.

Mouser Electronics and FCI Sign Global Distribution Agreement, Add Products

Mouser Electronics announces that it has signed a new contract with FCI Electronics, wherein Mouser is named officially as a globally franchised distributor. In addition to the global franchise, Mouser also announced the addition of several of FCI’s innovative and high quality products to the quarterly catalog, including the MEG-Array® Connector System, as well as the Metral high-speed backplane products, with many more products to be added in future catalog editions.

US Monolithics Awarded $4.6 Million to Develop Components for US Military Program

US Monolithics LLC is continuing its innovation in custom integrated circuits and modules for wireless military signal processing systems under contract to Harris Government Systems Communications Division (GSCD). The $4.6 million contract award from Harris is for Class K frequency converter modules for a military space system, with deliveries beginning later this year. The contract value also includes a major subcontract award from US Monolithics to EMS Technologies’ Defense & Space Systems Division, which will manufacture and test the components. US Monolithics is a wholly-owned subsidiary of ViaSat Inc.

Cadence Reports Q1 Revenue of $293 Million

Cadence Design Systems, Inc. reports first quarter, 2005 revenue of $293 million, an increase of 10 percent over the $266 million reported for the same period last year. On a GAAP basis, Cadence® recognized net income of $1.0 million, or $0.00 per share in the first quarter of 2005, compared to a net loss of $9 million, or $(0.03) per share, in the same period last year.

ADI and Datang Develop Reference Design

Analog Devices, Inc. and Datang Mobile announce a complete reference design for the development of 3G cellular handsets based on the TD-SCDMA standard. TD-SCDMA, also known as TDD-LCR (Time-Division Duplex — Low Chip Rate), is one of the 3G standards approved by the International Telecommunication Union in the year 2000.

ANADIGICS Receives Production Orders for WiMAX Power Amplifiers

ANADIGICS, Inc. announces that it has received production orders for the AWM6430 Indium Gallium Phosphide (InGaP) heterojunction bipolar transistor (HBT) 3.5 GHz class AB power amplifier (PA) for fixed point worldwide interoperability for microwave access (WiMAX) applications.

ACG and OMNIKEY Partner to Develop Contactless Readers

ACG Identification Technologies announce their cooperation to develop e-passport RFID readers. The new readers are designed to support federal governments and the security industry in deploying interoperable border control solutions based on contactless electronic passports, as specified by ICAO.

Agilent’s Simulation Model Selected by NEC for GaAs HBT Development

Agilent Technologies Inc. announces that NEC Compound Semiconductor Devices Ltd. has selected the Agilent heterojunction bipolar transistor (HBT) model as its standard simulation model for high-frequency gallium arsenide (GaAs) HBT development. The Agilent HBT model, developed for use with Agilent’s Advanced Design System (ADS) electronic design automation (EDA) software, provides greater accuracy and improved convergence over other available HBT models. It reduces design turns and shortens the design cycle of high-frequency integrated circuits for applications such as power amplifiers for wireless handsets and wireless local area networks.

Andrew Expands Basestation Antenna Manufacturing and Design in China

Andrew Corporation has increased its manufacturing capabilities and engineering design workforce in Suzhou, China, to better support customers with local production of basestation antennas for current and next generation wireless networks. Andrew’s Suzhou manufacturing facility has been expanded by 40%, along with a significant increase to the size of the engineering design team that will increase support for 3G (third generation wireless) and TD-SCDMA (Time Division-Synchronous Code Division Multiple Access) technology deployments in China.

WJ Announces First Quarter Results

WJ Communications, Inc. announces results for its first quarter which ended April 3, 2005. Revenue for the first quarter of 2005 was $7.8 million compared to $7.1 million in the same period of 2004. Revenue from the Company's core business consisting of semiconductor components, multi-chip modules and RFID reader modules increased 13% to $7.5 million from $6.6 million in the same period last year.

SUSS MicroTec Receives Strategic 300 mm Order from Taiwanese Facility

SUSS MicroTec announces that it has received a multimillion dollar order from a major Taiwanese semiconductor assembly and test facility. The order was placed in April and includes two SUSS ACS300Plus cluster systems for processing 300mm wafers. Installation is scheduled for Q3. The Cluster is designed for coating, baking and developing of photo resist. This new business is a follow-on order from this key customer who is already employing SUSS lithography equipment for 200 mm wafer bumping and is now scaling up production to 300 mm.

Airbee and Radiocrafts Partner for Turnkey ZigBee Solutions

Airbee Wireless Inc. and Radiocrafts AS announce a teaming arrangement to deliver "out-of-the-box" ZigBee-ready solutions. Airbee will supply its enabling intelligent software on Radiocrafts’ highly sophisticated ZigBee-ready module platforms. The parties have executed a license agreement for Airbee’s embedded ZigBee-ready network software. This teaming will offer a readymade platform for integrators and OEMs looking for turnkey ZigBee solutions through the use of ZigBee-ready module platforms.

EMCORE Reports Fiscal 2005 Second Quarter and Six-Month Results

EMCORE Corporation announced its financial results for the fiscal 2005 second quarter ended March 31, 2005. Revenues for the second quarter of fiscal 2005 were $30.4 million, an increase of 31% from the $23.2 million reported in the second quarter of fiscal 2004, and an increase of $3.4 million, or 13%, from the $27.0 million in the previous quarter. All three of the company's operating segments, Fiber Optics, Photovoltaics and Electronic Materials and Devices, posted revenue increases both year-over-year and sequentially. Gross profit for the quarter was $5.5 million or 18%, an increase of 104% from $2.7 million a year earlier. The gross margin of 18% represents an increase of 10 percentage points from the 8% gross margins recorded in the previous quarter. For the six-months ended March 31, 2005, revenues totaled $57.4 million, an increase of 24% or $11.1 million as compared to the $46.3 million recorded for the six months ended March 31, 2004.

Digi-Key and Renesas to Sign Distribution Partnership

Digi-Key Corporation announces that it has signed a distribution partnership agreement with Renesas Technology America, Inc. to carry Renesas’ semiconductor products. The agreement gives Digi-Key customers ready access to advanced Renesas solutions for a broad span of embedded systems. The initial stocking package will include system LSI products such as microcontrollers (MCUs), microprocessors (MPUs), development kits and development software.

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