Energy Conversion Devices Inc. (Rochester Hills, MI) announced results for the fiscal year ended June 30, 2001. For the 2001 fiscal year, the company recorded a 69 percent improvement in earnings, a loss of $5.1 million compared to a loss of $16.7 million in 2000. Revenues in fiscal 2001 increased 138 percent to $71.4 million […]
Siemens Westinghouse Power Corp. (Orlando, FL) announced that it will build a $122.0 million fuel cell plant in the suburb of Munhall, PA. The plant could employ as many as 500 people. Groundbreaking is set for October 4, 2001, with plans for the plant to be fully operational by 2003. The plant will produce fuel […]
Ballard Power Systems (Vancouver, BC) announced the commercial launch of its Nexa power module, the world's first volume-produced proton-exchange membrane (PEM) fuel cell system designed for integration by original equipment manufacturers (OEMs) into a wide variety of industrial and consumer end-product applications. The Nexa power module generates up to 1,200W of unregulated dc electrical power. […]
eVionyx Inc. (Hawthorne, NY) demonstrated its revolutionary power cell (RPC) technology by powering both a golf cart and an electric lawnmower with energy extracted from zinc metal. The demonstrations are a culmination of an intense research and development program co-funded by the New York State Energy Research and Development Authority (NYSERDA) and the New York […]
Energy Visions Inc. (EVI, Ottawa, Ontario) announced that it has successfully concluded laboratory tests that confirm the significantly enhanced performance of its proprietary direct methanol fuel cell (DMFC) technology. EVI is on schedule to produce a first-generation commercial prototype and expects to have a demonstration unit ready by mid-year 2002. EVI is finalizing an agreement […]
Taiwan Liteon Inc. (Taiwan) has begun manufacturing dc/dc converters. Developed by an in-house research and development team formerly with Lucent Technologies (Murray Hill, NJ), the product uses VRM technology to supply 1V to 1.5V output. Taiwan Liteon aims to reach about three percent of the global dc/dc voltage converter market by the end of next […]
Catalyst Semiconductor Inc. (Sunnyvale, CA) announced that its board of directors has authorized the repurchase of up to 1.5 million shares of the company's common stock. The company currently has approximately 17.8 million shares outstanding. Depending on market conditions, availability and other factors, repurchases may be made from time to time, at the management's discretion, […]
Shanghai Fudan Microelectronics Co. Ltd. (China) announced its new FM7843 four-wire, resistive touchscreen, input controller, which is a 12-bit ADC that comes with a synchronous serial interface and a touchscreen-driving circuit. The controller features a shutdown mode that brings power dissipation down to 0.5µW. It is fully compatible with the Burr-Brown ADS7843, and is suitable […]
Nanjing No. 11 Radio Fty. (China) announced the LGCF and LGCC Series of chip inductors, which are specifically designed for HF applications....
Potrans Electrical Corp. (Irvine, CA) announced its new 12W single-output, low-cost, lightweight switching power supply series. The series features 100Vac to 250Vac...
Astec Power (Carlsbad, CA) announced the addition of its new Breaker Interface Panel (BIP) to its line of telecommunications products. The BIP, also known as a power distribution unit, power distribution panel or frame supervisory panel, improves system power stability and provides a convenient, centralized location for all customer-load circuit breakers. Housed in a low-profile, […]
Siemens Westinghouse Power Corp. (Orlando, FL) announced that it has selected the Pittsburgh area for the expansion of its stationary fuel cell business. Siemens Westinghouse selected a 22-acre site for its 430,000sqft manufacturing facility in Allegheny County. Siemens Westinghouse's new facility will be built in phases starting with 180,000sqft of manufacturing and office space in […]
UCAR International Inc. (Nashville, TN) updated its outlook for third-quarter 2001. UCAR now expects third-quarter net earnings to be in the range of $0.03 to $0.07 per share. UCAR expects to continue with ongoing improvements from its cost-reduction efforts to lower supply chain and overhead costs while increasing productivity.
STMicroelectronics (Geneva) announced that it plans to buy back up to five million shares of its outstanding common stock. The repurchased shares will be allocated to fund the company's most recent employee stock option plan, which was approved at its Annual General Meeting on April 25, 2001. The implementation of the share purchase program, which […]
Ault Inc. (Minneapolis) reported net sales of $10.3 million for the first quarter of fiscal 2002 ended September 2, 2001, down from $21.9 million for the first quarter of fiscal 2001 ended August 27, 2000. Net income for the first quarter of fiscal 2002 decreased to a loss of $646,000, or $0.14 per diluted share, […]