Diodes Inc. (Westlake Village, CA) reported financial results for the fourth quarter ended December 31, 2001. Revenues for the fourth quarter were $25.8 million, a sequential increase of 13.6 percent from the third quarter of 2001, but a 1.2 percent decrease as compared to $26.1 million for the fourth quarter of 2000. Total revenues for […]
Nissan Motor Co. (Japan) announced that it intends to launch its first fuel cell car by the end of 2005, unveiling its "Nissan Green Program 2005." The strategy calls for Nissan to participate in a government-backed initiative to test fuel cell vehicles on Japanese roads later this year. The program also calls for 80 percent […]
In its fiscal 2003 budget recommendations to Congress, the Bush administration proposed that consumers who buy gasoline-electric hybrid vehicles in the next seven years would get up to $4,000 in tax credits under the proposed budget, while buyers of fuel-cell vehicles could get up to $8,000. The credits would vary based on the vehicle's fuel […]
Maxwell Technologies Inc. (San Diego, CA) announced that it has entered into a strategic development and supply agreement with ISE Research-ThunderVolt Inc....
Millennium Cell Inc. (Eatontown, NJ) announced an adjusted net loss of $3.5 million, or $0.13 per share (adjusted for non-cash charges), for the quarter ended December 31, 2001. This compares to $3.5 million, or $0.13 per share (adjusted for non-cash charges), for the quarter ended September 30, 2001. The actual net loss for the quarter […]
Daihatsu Motor Corp. (Japan), a Toyota Motor Corp. (Japan) family company, announced its ultra-fuel efficiency (UFE) concept vehicle that can carry four...
The Darnell Group Inc. (Corona, CA) announced its new report, "Emerging Opportunities in Automotive Power Electronics: Market Forecasts, Product Assessment and Competitive Analysis," which gives power supply and component makers a thorough analysis of this exciting new market. The upcoming conversion of automotive systems from 14V to 42V has been analyzed extensively from a technical […]
Adept Technology Inc. (San Jose, CA) reported financial results for its second quarter ended December 29, 2001. Net revenues for the quarter ended December 29, 2001, were $14.4 million, a decrease of 48.5 percent from net revenues of $28.0 million for the quarter ended December 30, 2000. Gross margin for the quarter was 36.4 percent […]
Tyco Electronics Power Components Raychem Circuit Protection Division (Menlo Park, CA) announced the publication of the 2002 edition of its popular Circuit...
AC Propulsion Inc. (San Dimas, CA) introduced its new second-generation AC-150 drivetrain. The new system retains the original's 150kW (200HP) rating, but...
Shenzhen Center Power Tech Co. Ltd. (China) announced its new CP Series of sealed lead-acid (SLA) batteries that feature a tightly sealed...
Chengdu Spaceon Electronics Co. Ltd. (China) announced its new DPPC2006 six-channel power amplifier, which offers hi-fi sound quality with clear output, precise...
STMicroelectronics Inc. (STM, Geneva) reported financial results for the fourth quarter and year ended December 31, 2001. Net revenues for the fourth quarter were $1,447.9 million, a 3.4-percent sequential increase over the $1,400.7 million reported in the 2001 third quarter. Sales of differentiated products totaled $1,012.1 million, a 3.9-percent increase over the previous quarter, and […]
Tyco International Ltd. (Pembroke, Bermuda) announced that it would split into four publicly traded companies to boost shareholder value and erase $11.0 billion in debt. Tyco's health care, fire protection and flow control, and financial services businesses will be taken public through initial public offerings. Tyco's security and electronics businesses would be combined as a […]
The European Commission (EC) has awarded Euro 18.5 million to nine European cities that want to introduce hydrogen to fuel public transport systems. Funding from the European Union (EU) will allow the fuel cell bus project to be the first volume-production test on this scale in the world. The funding is part of the Clean […]