As suspected, Hynix’ presence in the preferred bidder consortium for Toshiba is not as a simple loan provider, as claimed, but is to gain a foothold into obaining an equity position in Toshiba via a convertible bond holding. This, of course, will lead to regulatory attention for the bid because Hynix is a competitor to ...
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Mouser Electronics is now selling ITT Cannon connectors with the signing of a global distribution agreement. ITT Cannon develops connector and interconnect products for markets including: aerospace and defense, medical, energy, transportation and industrial. Krystal Jackson, vice president, supplier management at Mouser, writes: “ITT Cannon has a rich history of designing and manufacturing reliable connectors, ...
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Cypress Semiconductor has collaborated with distributor Arrow Electronics on a development platform for IoT devices. Called the Quicksilver kit, it features Cypress’ WICED embedded wireless platform based on its CYW43907 802.11n Wi-Fi microcontroller (MCU). As well as the WICED Studio SDK the kit has Arduino-compatible headers for expansion capability. The kit includes temperature, humidity and ...
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Distributor Electrocomponents reports sales growth for its first quarter and announces plans to move its headquarters to London from Oxford.
This story continues at Electrocomponents reports growing Q1 sales, moves HQ to London
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Not content with slapping a $2.4 billion fine on Google, the EU competition commissioner is urging companies to sue the company. Google was found guilty of skewing the results of searches to favour its own shopping price comparison site over others. Margrethe Vestager, the EC’s anti-trust chief, says she will shortly publish a report on ...
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Micron had a calendar Q2 net profit of $1.6 billion compared to a $215 million loss in calendar Q2 2016. Revenue for the quarter was $5.6 billion, up from $2.9 billion in calendar Q2 2016. “Micron delivered strong operational performance in the third quarter with free cash flow nearly double last quarter, which enabled us ...
This story continues at Memory ASPs drive Micron profit
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Estonia is offering an answer to Brexit. If we’re out of the single market and customs union in March 2019 then UK companies wanting to continue trading with the EU can do it by paying €100 to Estonia for EU eResidency. The Estonian option gives the company all the benefits of being in a country ...
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Energy companies, including nuclear energy companies, are likely to come under hacking attack warns the FBI and US Department of Homeland Security. The agencies have detected attempts by hacker to harvest access information to electricity providers. “Historically, cyber actors have strategically targeted the energy sector with various goals ranging from cyber espionage to the ability ...
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GSK has signed up Exscientia of Dundee to provide AI technology to develop new drugs. If targets are met, Exscientia will receive $43 million from the deal, ‘We are the first company to automate drug design,’ says Exscientia. Exscientia claims to be able to identify new opportunities for new drugs in around a quarter of ...
This story continues at Glaxo turns to AI specialist Exscientia for new drug development
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