SL Industries Inc. (Mt. Laurel, NJ) announced unaudited financial results for the fourth quarter of 2000. The company said that it expects to report a net loss of approximately $373,000, or $0.06 per diluted share, on revenue of approximately $39.2 million. Net income for the fourth quarter will include a restructuring charge for SL Waber […]
The eighth annual Drives and Controls Exhibition and Conference will take place from March 13 to 15, 2001. Having outgrown its previous venue in Telford, UK, the conference is scheduled to be held at the ExCeL Exhibition Centre in London's docklands. This conference, the UK's largest and only dedicated motion engineering event, will cover drives […]
Shindengen America Inc. (Mt. Prospect, IL) has introduced the Ecocell EPH Series, a new line of natural convection, surface-mount dc/dc converters. The Ecocell EPH Series was engineered for 48V telecom, networking and datacom applications that require high efficiency and reliability. Important features of the series include a 1,500Vdc isolation voltage, parallel operation, remote on/off, and […]
International Power Sources (Holliston, MA) announced the addition of a 45W ac/dc power supply for external PC memory, office and portable systems to their line of products. The CUP45 universal supply measures 5.2 x 2.3 x 1.8 inches and is available in seven different models, with single, isolated outputs at 5, 12, 15, 18, 19, […]
Exide Corp. has completed its acquisition of GNB Technologies, the global battery business of Pacific Dunlop Limited, for $368 million. Exide will now conduct business under the name Exide Technologies and will seek shareholder approval at its 2001 annual meeting for the name change. The acquisition is designed to allow Exide to reenter the North […]
Power-One Inc. (Camarillo, CA) announced that net sales for the fiscal year ended December 31, 2000, increased $273.8 million, or 115 percent, to a record $511.0 million, compared with $237.2 million in 1999. Results for 2000 include eight months of Powec AS, which was acquired on May 16, 2000. Net income for the 2000 fiscal […]
Two group companies of Matsushita Electric Industrial Co. Ltd. (Tokyo, Japan) announced plans to boost their capital spending on electronic components in a bid to lift the firm's global market share. Wholly-owned subsidiary Matsushita Electronic Components Co. Ltd. said it plans to spend 215.0 billion yen (US$1.85 billion) in the three years to the 2003-2004 […]
STMicroelectronics (Switzerland) posted strong results for 2000, but slashed its 2001 growth forecasts for the world chip market and predicted a nine-percent fall in first-quarter sales. Fourth-quarter operating profit rose 159 percent to $563.0 million, led by telecom and consumer electronics sales, and the company added that per-share earnings would fall 10 percent quarter-on-quarter in […]
ON Semiconductor (Phoenix, AZ) announced the availability of the CS1112, a quad-power output driver IC, designed to withstand the environments found in computer, industrial and telecommunication applications. Fabricated on PowerSense process technology, the CS1112 integrates four protected DMOS low-side drivers controlled either through a Serial Peripheral Interface (SPI) port or its associated parallel input. The […]
Richardson Electronics (LaFox, IL) announced the signing of a worldwide distribution agreement with Peregrine Semiconductor (San Diego, CA). Richardson will bring Peregrine's patented Ultra-Thin-Silicon (UTSi) CMOS process technology to a global customer base. Richardson will also stock Peregrine's family of prescalers, mixers, switches and phase-locked loop products. "Richardson's technical knowledge in the distribution channel and […]
As part of its long-range plan to transform the company for future business growth, ON Semiconductor (Phoenix, AZ) accelerated its efforts to cut selling, general and administrative expenses. The company directed its efforts towards streamlining internal processes and enhancing operational efficiencies with the overall goal of reducing these expenses by approximately 20 percent in 2001. […]
Micro-power Direct (Stoughton, MA) announced the addition of the D100 family, a series of miniature 1W dc/dc converters for applications in which space is at a premium. Twenty-seven single- and double-output models are available to provide 3.3, 5, 12, 15, ±5, ±9, +12 or -15V from a 5, 12, or 24V input. Standard features include […]
BP Solarex (Baltimore, MD) announced today that it will now be known as BP Solar (Linthicum, MD). This move comes in conjunction with BP Amoco's decision to form a single, global brand, under the new corporate brand name – BP. BP stated it will combine the former British Petroleum, Amoco, ARCO, and Burmah Castrol to […]
Artesyn Technologies Inc. (Boca Raton, CA) reported record sales of $164.3 million and $323.9 million, for the three and six months ended June 30, 2000 respectively. Cash earnings, which exclude the after-tax effect of goodwill amortization, also increased to record levels of $12.4 million, or $0.32 per diluted share for the three months ended June […]
Artesyn Technologies Inc. (Boca Raton, FL) announced that it entered into a Product Development and Technology Transfer Agreement with e-Power Co. Ltd (Zhejiang, China). Artesyn's manufactured products, designed by e-Power, are scheduled for market introduction in first quarter 2001. Under the agreement, products in the 65W to 130W range are being developed to address the […]