Headlines


Wai Chi Announces the First Brilliant Results since Listing Debut
March 27, 2015
4G smartphone, automobile onboard and television used backlight products drove a satisfactory growth in profit HONG KONG, Mar 27, 2015 - (ACN Newswire) - As one of the Chinese superior LED backlight and LED lighting products manufacturers and services providers, Wai Chi Holdings Company Limited ("Wai Chi" or the "Group", Stock Code: 1305) is pleased to announce its audited consolidated results of the Group for the year ended 31 December 2014 (the "reviewing year"). In the reviewing year, thanks to the exponential growth in the demand for smartphone backlight products under the pull of 4G smartphone as well as the enhancement in technology and productivity of automobile onboard and television backlight products, the revenue of the Group recorded a significant growth of 30.4% to approximately HK$1,165,579,000 (2013: approximately HK$894,033,000); the gross profit increased by 22.4% from approximately HK$225,327,000 in 2013 to approximately HK$275,843,000 in 2014. Net profit for the reviewing year, after deduction of listing fees of approximately HK$16,927,000, was approximately HK$61,193,000, increased by 10.9% as compared to approximately HK$55,190,000 in 2013. Business Review

Reshoring deal sees turnover soar for One-LUX; One-LUX, which designs, assembles and supplies LED lighting control solutions, is set to break the £5 million turnover barrier for the first time this year
March 26, 2015
The increasing trend for reshoring in the manufacturing sector has reaped dividends for an Aldridge electronic components specialist. One-LUX, which designs, assembles and supplies LED lighting control solutions, is set to break the £5 million turnover barrier for the first time this year. The firm says it is currently flying high thanks to a deal to reshore the manufacture of two new products - its OMNI-LED and UNITY-LED ranges.

Facebook, Twitter Are Stealing Ad Dollars from Google, Yahoo!
March 26, 2015
SAN DIEGO ( TheStreet ) -- Social networks are attracting more digital advertising dollars at the expense of search engines, according to the latest estimates from digital analytics firm eMarketer.

Vishay Intertechnology Announces 'Super 12' Featured Products for 2015; Innovative Components Offer Industry-Leading Specifications for a Variety of Applications
March 26, 2015
Vishay Intertechnology, Inc. (NYSE:VSH) today announced its "Super 12" featured products for 2015. Each year, Vishay identifies a dozen key semiconductor and passive components featuring new and improved technologies that can significantly improve the performance of end products and systems. Vishay's Super 12 collection showcases the company's industry-leading capabilities in semiconductor and passive devices and provides a cross-section of Vishay's very broad product portfolio. The Super 12 products for 2015 are:

MACOM Extends Leading Optical Portfolio with New Dual Channel Linear Transimpedance Amplifier; MACOM's High Gain Linear TIA is Ideal for Metro Applications at 100G and Beyond
March 26, 2015
M/A-COM Technology Solutions Inc. ("MACOM"), a leading supplier of high performance analog RF, microwave and optical semiconductor products, today announced the new MATA-003806, a dual channel linear transimpedance amplifier (TIA) for next generation coherent receiver applications.

Minco Partners with Digi-Key to Offer Bare Die Semiconductor Products
March 26, 2015
Global electronic components distributor Digi-Key Electronics, the industry leader in electronic component selection, availability and delivery, and Minco Technology Labs, LLC, today announced that they have teamed up to offer semiconductor bare die products to its global customer base. As part of the agreement, Digi-Key customers will be able to purchase off-the-shelf die products in minimum waffle pack quantities of 25 pieces online. "We welcome this opportunity to serve a broader customer base by partnering with a global distributor like Digi-Key who has become known as the 'go to' online resource for semiconductors," says Bill Bradford, Minco CEO. "Their expertise in offering full-range services for the design engineer along with their ability to support prototype and production order quantities is a huge value-add for the die market."

Minco Partners with Digi-Key to Offer Bare Die Semiconductor Products
March 26, 2015
Global electronic components distributor Digi-Key Electronics, the industry leader in electronic component selection, availability and delivery, and Minco Technology Labs, LLC, today announced that they have teamed up to offer semiconductor bare die products to its global customer base. As part of the agreement, Digi-Key customers will be able to purchase off-the-shelf die products in minimum waffle pack quantities of 25 pieces online. "We welcome this opportunity to serve a broader customer base by partnering with a global distributor like Digi-Key who has become known as the 'go to' online resource for semiconductors," says Bill Bradford, Minco CEO. "Their expertise in offering full-range services for the design engineer along with their ability to support prototype and production order quantities is a huge value-add for the die market."

TowerJazz Announces Successful Completion of its Offer for Accelerated Conversion of its Series F Convertible Bonds, Reducing Debt by $80 Million
March 26, 2015
Oversubscribed Offer Allocated on a Pro-Rata Basis Company's Debt Reduction Results in Stronger Balance Sheet Financial Ratios and Shareholders' Equity and Positively Impacts Future Profitability MIGDAL HAEMEK, Israel, March 26, 2015 (GLOBE NEWSWIRE) -- TowerJazz, the global specialty foundry leader, today announced the successful completion of its previously announced accelerated conversion offer for its outstanding Series F convertible bonds. As of the expiry date of this offering on March 25, 2015, the aggregate subscription demand amounted to approximatelyNIS 327 millionof the Company's Series F convertible debenture, representing 109% as compared to the NIS 300 million offered and accepted (approximately $80 million). As the offering, which was limited to a maximum amount of debt eligible for conversion under of approximately $80 million, was oversubscribed, the offer was allocated to the subscribing holders on a pro rata basis, as set forth in the offering documents. As a result of the accelerated conversion, the Company's debt is reduced by approximately $80 million thereby significantly improving its balance sheet, financial ratios and future profitability, including the saving of approximately $10 million of interest payments during the years 2015 and 2016.

More roads to have LED lights
March 26, 2015
Liverpool City Council, UK Government has issued the following news release: Thousands of Liverpool’s street lights are being replaced in a programme which will produce millions of pounds of savings to the city.

N.M. Delegation Encourages Department of Defense to Support UNM’s Proposal to Create National Institute of Photonics
March 26, 2015
Office of the Senator Martin Heinrich, U.S Government has issued the following news release: Today, U.S. Sens. Tom Udall and Martin Heinrich and U.S. Reps. Steve Pearce, Ben Ray Luján and Michelle Lujan Grisham announced that they are urging the Department of Defense to select a proposal led by a team that includes the University of New Mexico in a competition to create a national photonics hub. The team, a collaboration of academic institutions from New Mexico and three other states, was named a finalist earlier this year. If selected, it will receive federal funding and support and become part of a network of regional manufacturing institutes or "hubs" across the country that help bridge the gap between applied research and product development. The hub would spur the development of cutting-edge technology and create high-tech jobs in the Albuquerque area.


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