Epyon BV, described as the leading European supplier of intelligent charging solutions for electric vehicles (EVs), received €7 million in new equity funding from five investors, providing what the company says is a solid foundation for its ongoing effort to scale up operations across Europe – as the market for EV fast chargers is taking […]
Power Electronic Tips
Exar Corp. Reports Fiscal 2011 Second Quarter Results
Exar Corp. reported financial results for its fiscal 2011 second quarter ended September 26, 2010. Net sales for the second quarter of fiscal 2011 were $37.2 million compared to net sales of $39.6 million for the prior quarter and $31.6 million for the second quarter of fiscal 2010. The GAAP gross margin for the second […]
JinkoSolar Establishes U.S. Subsidiary in San Francisco; Announces European Solar Module Supply Agreements
JinkoSolar Holding Co., Ltd., a solar product manufacturer with operations based in China, announce that it has established a U.S. subsidiary with an office in San Francisco, California. The U.S. subsidiary is expected to function as a marketing and service base to increase JinkoSolar’s brand recognition and facilitate business development in strategic markets within North […]
LAST POWER Project Aims to Put Europe First in New Power Semiconductor Technologies
The partners in a new publicly-funded European research project announced details of the multinational/multidisciplinary program called LAST POWER (’Large Area silicon carbide Substrates and heTeroepitaxial GaN for POWER device applications). The aim of this 42-month ENIAC (European Nanoelectronics Initiative Advisory Council) project is to provide Europe with strategic independence in the field of wide band […]
Power Integrations Reports Third-Quarter Financial Results
Power Integrations announced financial results for the quarter ended September 30, 2010. Net revenues for the third quarter were $75.5 million, up 26% compared with the third quarter of 2009, and down six% compared with the second quarter of 2010. Net income was $12.6 million or $0.43 per diluted share, compared with $9.2 million or […]
Nidec Establishes New Manufacturing Company in Shaoguan, China
Nidec Corp. announced that it established a new manufacturing subsidiary, Nidec (Shaoguan) Limitedin Shaoguan, Guangdong Province, China. The new subsidiary manufactures brushless dc motors for cooling fans and optical disk drives in collaboration with Nidec (Dongguan) Limited, which was established in Dongguan, Guangdong province in 2002. Located in the same province, the two companies aim […]
International Components Corporation and Nexergy Announce Merger
Nexergy, Inc. and International Components Corporation (ICC) announced a definitive merger agreement. The move, effective immediately, creates what the companies says is the industry’s largest designer and manufacturer of rechargeable power systems and will be recognized as the premier innovative partner in the industry. According to the companies, this merger combines ICC’s long history of […]
ST Appointments New Chief Operating Officer; Reports 2010 Third Quarter & Nine Month Financial Results
STMicroelectronics announced the appointment of a new Chief Operating Officer. Alain Dutheil, who has held the position of ST’s COO since 2005, has decided to retire following 27 years with the company. Alain has been instrumental in the development of ST since its inception, helping to make it a major global semiconductor company and one […]
TI Reports Financial Results for Third Quarter 2010
Texas Instruments Inc. (TI) announced third-quarter revenue of $3.74 billion, net income of $859 million and earnings per share of 71 cents. “Our strong performance was driven by growth in all of our segments,” said Rich Templeton, TI chairman, President and Chief Executive Officer. “TI’s continuing transformation to a company focused on Analog and Embedded […]
AnalogicTech Reports Financial Results for the Third Quarter 2010
Advanced Analogic Technologies, Inc. (AnalogicTech) reported financial results for the third quarter ended September 30, 2010. Net revenue for the third quarter of 2010 was $25.0 million, a decrease of 4.4% over net revenue of $26.1 million for the third quarter of 2009 and a sequential increase of 7.9% from net revenue of $23.1 million […]