Renesas Q3 up 30% y-o-y

Renesas had Q3 sales of 192.3 billion yen ($1.7 billion) up 29.6% year-on-year. Gross margin was 47.7%, up 5.2 points y-o-y. Operating profit was $35.9 billion yen ($310 million) up 19.4 billion yen ($170 million) y-o-y. For Q4, Renesas expects sales of 197.6 billion yen ($1.8 billion) up 22.4% year-on-year, gross margin of 46.3%, up ...

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Fujitsu, Lenovo, DBJ form PC jv

Fujitsu, Lenovo  and Development Bank of Japan Inc. (DBJ) have created a jv to research, develop, design, manufacture and sell PCs. Fujitsu will sell a 51% stake in its wholly owned subsidiary Fujitsu Client Computing Limited (FCC”) to Lenovo and a 5% stake to DBJ. After the transaction, FCCL will become a joint venture company ...

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Online shopping goes live in intu Lakeside

Europe’s first robotic retail assistants will go live at intu Lakeside in the UK this weekend after being introduced by robot specialists BotsAndUs to shoppers at intu’s Milton Keynes shopping centre last month. The robots, which will direct customers to different parts of the centre, are part of an online personal shopper service going live ...

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Microlease/Livingston appointment targets European business

Microlease/Livingston has appointed a new sales director for the European markets of Germany, Austria and Switzerland. Michael Prax has spent over 25 years in the EMEA test and measurement business. Prior to  joining Microlease/Livingston, he had held high-level management positions at Tektronix, Ametek and JDSU (now known as Viavi). The test system rental and distribution ...

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Stoppages at Crolles

ST suffered a number of ‘mini stoppages’ at its Crolles site last week, reports the ST employees’ representative body CAD-ST, and last Friday, had a one hour stoppage from 13.00 to 14.00 which was joined by about half the permanent staff on the 200mm site. Asked for a reaction to the the CAD-ST stsatement, ST’s ...

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