Semiconductor

Cohu to Present at Stifel 2020 Virtual Cross Sector Insight Conference

Friday, May 29, 2020 - 9:05pm

Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced that management will participate at the Stifel 2020 Virtual Cross Sector Insight Conference.

Key Points: 
  • Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced that management will participate at the Stifel 2020 Virtual Cross Sector Insight Conference.
  • The conference will be held virtually on Tuesday, June 9, 2020 with a one-on-one meeting format and presentation scheduled for 2:00 p.m. 2:30 p.m. EDT.
  • Presentation materials will be made concurrently available in the Investor Relations section of the Companys website, www.cohu.com .
  • Cohu (NASDAQ: COHU) is a global leader in back-end semiconductor equipment and services, delivering leading-edge solutions for the manufacturing of semiconductors and printed circuit boards.

Analog Devices to Participate in the Bank of America Securities 2020 Global Technology Conference

Friday, May 29, 2020 - 9:00pm

Analog Devices, Inc. (Nasdaq: ADI ) today announced that the Companys Senior Vice President, Finance and Chief Financial Officer, Prashanth Mahendra-Rajah, will speak at the Bank of America Securities 2020 Global Technology Conference to be held virtually on Tuesday, June 2, 2020, at 1:00 p.m. Eastern time.

Key Points: 
  • Analog Devices, Inc. (Nasdaq: ADI ) today announced that the Companys Senior Vice President, Finance and Chief Financial Officer, Prashanth Mahendra-Rajah, will speak at the Bank of America Securities 2020 Global Technology Conference to be held virtually on Tuesday, June 2, 2020, at 1:00 p.m. Eastern time.
  • The webcast for the conference may be accessed live via the Investor Relations section of Analog Devices website at investor.analog.com .
  • Analog Devices (Nasdaq: ADI) is a leading global high-performance analog technology company dedicated to solving the toughest engineering challenges.
  • We enable our customers to interpret the world around us by intelligently bridging the physical and digital with unmatched technologies that sense, measure, power, connect and interpret.

Idriverplus Joins the “Automate with Velodyne” Ecosystem

Friday, May 29, 2020 - 7:31pm

Velodyne Lidar, Inc. and Idriverplus today announced an expanded partnership and Idriverplus inclusion into the Automated with Velodyne integrator ecosystem, which helps companies grow their businesses while using Velodyne lidar technology.

Key Points: 
  • Velodyne Lidar, Inc. and Idriverplus today announced an expanded partnership and Idriverplus inclusion into the Automated with Velodyne integrator ecosystem, which helps companies grow their businesses while using Velodyne lidar technology.
  • View the full release here: https://www.businesswire.com/news/home/20200529005589/en/
    Velodyne Lidar, Inc. and Idriverplus announced an expanded partnership and Idriverplus inclusion into the Automated with Velodyne integrator ecosystem, which helps companies grow their businesses while using Velodyne lidar technology.
  • (Photo: Velodyne Lidar)
    Recently, Velodyne signed a multi-year sales agreement with Idriverplus to provide Puck sensors for the mass production of autonomous vehicles.
  • By becoming part of the Automated with Velodyne ecosystem, Idriverplus will work closely with Velodyne in global promotional and deployment activities.

Flex to Participate in Upcoming Investor Conference

Friday, May 29, 2020 - 2:05pm

Flex (NASDAQ: FLEX) announced today that it will participate in the following investor conference virtually:

Key Points: 
  • Flex (NASDAQ: FLEX) announced today that it will participate in the following investor conference virtually:
    Flex (Reg.
  • No.
  • 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world.
  • Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets.

Kulicke & Soffa Appoints Jeff Richardson to its Board of Directors

Friday, May 29, 2020 - 2:05pm

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S" or the "Company") today announced the appointment of David Jeffrey Richardson to its Board of Directors.

Key Points: 
  • Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S" or the "Company") today announced the appointment of David Jeffrey Richardson to its Board of Directors.
  • Mr. Richardson brings over 32 years of semiconductor industry experience to the K&S board and currently serves as Chairman of Lattice Semiconductor Corporation (NASDAQ: LSCC) and a Director of Ambarella (NASDAQ: AMBA).
  • Mr. Richardson was Executive Vice President, and ultimately Chief Operating Officer, of LSI Corporation from 2005 through its 2014 acquisition by Avago, now Broadcom Inc. (NASDAQ: AVGO).
  • Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor and electronic assembly solutions serving the global automotive, consumer, communications, computing and industrial markets.

Kulicke & Soffa Declares Regular Quarterly Dividend of $0.12

Friday, May 29, 2020 - 2:05pm

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (Kulicke & Soffa, K&S or the Company), announced today that its Board of Directors has declared and authorized a quarterly dividend of $0.12 per share of common stock.

Key Points: 
  • Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (Kulicke & Soffa, K&S or the Company), announced today that its Board of Directors has declared and authorized a quarterly dividend of $0.12 per share of common stock.
  • The dividend payment will be made on July 13, 2020 to holders of record as of June 26, 2020.
  • Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor and electronic assembly solutions serving the global automotive, consumer, communications, computing and industrial markets.
  • Dedicated to empowering technological discovery, always, K&S collaborates with customers and technology partners to push the boundaries of possibility, enabling a smarter future.

Early Warning Press Release in Respect of Spectra7 Microsystems Inc.

Friday, May 29, 2020 - 1:50pm

Effective as of May 22, 2020, Mr. Ron Pasek (the Acquirer) acquired ownership of 14,000,000 common shares (Common Shares) of Spectra7 Microsystems Inc. (Spectra7 or the Company) (TSXV: SEV) through a private placement at a purchase price of C$0.025 per Common Share for an aggregate purchase price of C$350,000 (the Purchase).

Key Points: 
  • Effective as of May 22, 2020, Mr. Ron Pasek (the Acquirer) acquired ownership of 14,000,000 common shares (Common Shares) of Spectra7 Microsystems Inc. (Spectra7 or the Company) (TSXV: SEV) through a private placement at a purchase price of C$0.025 per Common Share for an aggregate purchase price of C$350,000 (the Purchase).
  • Immediately prior to the Transactions, the Acquirer had beneficial ownership of, or control or direction over 44,962,701 Common Shares, representing approximately 8.8% of the issued and outstanding Common Shares on a non-diluted basis, and 51,344,530 Common Shares and other securities convertible into Common Shares within 60 days, representing approximately 9.93% of the issued and outstanding Common Shares on a partially-diluted basis.
  • The Transaction represents a change in the Acquirers direct and indirect holdings of Common Shares of approximately 1.76% on a partially-diluted basis.
  • A copy of the early warning report to which this news release relates can be obtained on the SEDAR profile of Spectra7 at www.sedar.com .

Renesas Electronics Announces Consolidated Forecasts for the Second Quarter and First Half of 2020

Friday, May 29, 2020 - 7:00am

The consolidated forecasts for the second quarter of 2020 are calculated at the rate of 108 yen per USD and 118 yen per Euro, and the consolidated forecasts for the first half of 2020 are calculated at a rate of 109 yen per USD and 119 yen per Euro.

Key Points: 
  • The consolidated forecasts for the second quarter of 2020 are calculated at the rate of 108 yen per USD and 118 yen per Euro, and the consolidated forecasts for the first half of 2020 are calculated at a rate of 109 yen per USD and 119 yen per Euro.
  • Due to the uncertainty of impacts from the worldwide COVID-19 pandemic to Renesas business, it was difficult to make a reasonable calculation of the financial forecasts and therefore the consolidated financial forecasts for the second quarter of 2020 were undetermined.
  • In regard to demands, some effects from the weakening demand have begun to surface and expected impacts have been calculated into the consolidated forecasts for the second quarter of 2020.
  • The financial forecasts for the second quarter and first half of 2020 are based on the information the Group has available at this current time and includes risks and uncertainties.

Fabrinet to Present at Upcoming Investor Conferences

Thursday, May 28, 2020 - 9:15pm

Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced that its management will present at the following upcoming investor conferences:

Key Points: 
  • Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced that its management will present at the following upcoming investor conferences:
    Virtual Bank of America 2020 Global Technology Conference.
  • The Fabrinet presentation is scheduled for Thursday, June 4, 2020 at 10:45 a.m. PT (1:45 p.m.
  • The Fabrinet presentation is scheduled for Wednesday, June 10, 2020 at 10:40 a.m.
  • Fabrinet maintains engineering and manufacturing resources and facilities in Thailand, the United States of America, the Peoples Republic of China and the United Kingdom.

Earwear and Wristbands Drive First Quarter Growth in the Worldwide Wearables Market, Says IDC

Thursday, May 28, 2020 - 9:03pm

However, the growth was disproportionately spread across the various form factors as growth in wristbands and earwear/hearables was more than enough to offset the decline from smart and basic watches.

Key Points: 
  • However, the growth was disproportionately spread across the various form factors as growth in wristbands and earwear/hearables was more than enough to offset the decline from smart and basic watches.
  • "The hearables category was seemingly resilient to the market-suppressing forces caused by COVID-19," said Jitesh Ubrani , research manager for IDC Mobile Device Trackers .
  • Samsung ranked third as its hearables/earwear business accounted for 74% of its total shipments during the quarter, up from 58.9% in 1Q19.
  • Top 5 Wearable Device Companies by Shipment Volume, Market Share, and Year-Over-Year Growth, Q1 2020 (shipments in millions)