Power Electronics Industry News
ChiL Semi Raises $16.7 Million To Expand Sales & Operations WorldwideMay 8, 2008 CHiL Semiconductor, a developer of mixed-signal power management ICs for a wide variety of computing devices, announced the successful completion of its second major round of venture capital financing, securing $16.7 million. Silicon Valley investor Panorama Capital led the new round and joined the initial investor group of Flybridge Capital ... USFCC Applauds DOT Fuel Cell DecisionMay 8, 2008 The US Fuel Cell Council (USFCC) expressed its support of the decision by the US Department of Transportation to approve the carriage of fuel cells and four fuels in aircraft passenger cabins. The decision is consistent with airline regulations internationally. "DOT’s decision was highly anticipated in our industry and is ... NXP Announces First Quarter 2008 ResultsMay 8, 2008 NXP Semiconductors announced first quarter sales of USD $1,519 million, a comparable growth of 0.8% on the first quarter of 2007 and a comparable decline of 7.5% over the fourth quarter of 2007, which the company states reflects the continuing softness of the overall market as well as normal seasonal weakness. Adjusted EBITDA in the first quarter ... Fulton Innovation Acquires Assets Of SplashpowerMay 7, 2008 Alticor Inc. announced that one of its subsidiaries has acquired the business and assets of Splashpower Ltd., a developer of wireless power technology. Terms of the deal were not disclosed. Alticor owns Fulton Innovation, the exclusive licensor of eCoupled™ Intelligent Wireless Power technology. Fulton states that the acquisition ... PSMA Announces Additions To Board Of Directors; Re-elects Alex Levran & Bharat ShahMay 7, 2008 The Power Sources Manufacturers Association (PSMA) announced the election of four industry leaders to serve as members of the association’s Board of Directors. Elected to the board for the first time are Rob Hill and Marshall Miles. Alex Levran, Ph.D. and Bharat S. Shah were each re-elected to serve a second three-year term. "It ... Qimonda & Centrosolar Group To Jointly Manufacture Solar CellsMay 7, 2008 Qimonda AG, a manufacturer of memory products, and Centrosolar Group AG, a German solar company, announced that they have signed a contract to jointly build, equip and operate a solar cell manufacturing plant. The joint venture will produce solar cells based on silicon and will be owned 49% by Centrosolar and 51% by Qimonda Solar ... IBM Launches New Enterprise Data Center Business Partner Skills ProgramMay 6, 2008 IBM announced that it will develop a new Business Partner program to expand support for best practices and skills that will help clients move to new enterprise data centers, which are dramatically more energy efficient, virtualized, secure and resilient. This new program, part of IBM’s company-wide new enterprise data center strategy, ... Sunovia Completes Equity Raise For CdTe Solar Cell Manufacturing Facility & LED Lighting SolutionsMay 6, 2008 Sunovia Energy Technologies, Inc. announced that it has completed its mezzanine round of financing. The company has currently raised a total of $12 million, and continues to allocate proceeds to the development of the scalable Cadmium Telluride (CdTe)-based solar cell manufacturing facility and sales of the EvoLucia™ LED-based solid-state ... MTI Micro Debuts Embedded Fuel Cell Prototype For Handheld GPS DevicesMay 6, 2008 MTI MicroFuel Cells Inc., a subsidiary of Mechanical Technology Inc., unveiled a new embedded micro fuel cell prototype design for handheld global positioning system (GPS) devices. MTI Micro´s new Mobion® powered GPS prototype provides three times as much energy as GPS devices powered by four disposable AA batteries. On a model with ... Enova Announces Plug-In Hybrid School Bus Testing Shows 70% Improved Fuel Economy & Reduced EmissionsMay 5, 2008 Enova Systems announced that recent dynamometer test results conclude that IC Bus school buses using post-transmission hybrid drive systems from Enova can improve fuel efficiency by more than 70% compared to standard diesel-powered school buses. The Enova hybrid drive systems installed in the IC Bus school buses also are said to significantly ... Monolithic Power Systems Announces Record First Quarter Revenue and Operating IncomeMay 5, 2008 Monolithic Power Systems (MPS) announced operating results for the quarter ended March 31, 2008. The company also announced that it would be re-stating its 2006 and 2007 annual financial statements to correct an error in the tax provision, which will result in a reduction in reported book tax expense for both years and an increase in reported ... Pentadyne Ships 500th Flywheel System; Installed Fleet Amasses 2M HoursMay 5, 2008 Pentadyne Power Corp. announced that it has shipped its 500th flywheel energy storage system. In addition, the company announced that the installed fleet of Pentadyne flywheel energy storage systems – primarily used with large-scale uninterruptible power supply (UPS) systems instead of lead-acid batteries – has amassed a total of ... O2Micro Reports First Quarter Financial ResultsMay 5, 2008 O2Micro® International Limited reported its financial results for the first quarter ended March 31, 2008. Net sales for the first quarter of fiscal 2008 were $37.6 million. Q1 sales were up 7% from the first quarter of fiscal 2007. The increase in net sales reflects higher unit volumes and growth in underlying markets. ... Magnetek Announces Fiscal 2008 Third Quarter ResultsMay 2, 2008 Magnetek, Inc. reported the results of its fiscal 2008 third quarter ended March 30, 2008. In its fiscal 2008 third quarter Magnetek recorded revenue of $26.3 million compared to $23.3 million in the third quarter of fiscal 2007. All product lines with the exception of Telecom Power Systems achieved double-digit year-over-year sales growth ... SUNRGI Announces New Solar Energy System To Enable Production Of Price Competitive Wholesale ElectricityMay 2, 2008 SUNRGI, a solar energy system designer and developer, announced a new patents pending solar energy system which it claims will soon make it possible to produce electricity at a wholesale cost of 5 cents per kWh. This price is said to be competitive with the wholesale cost of producing electricity using fossil fuels and a fraction of the current ... Avnet Memec, austriamicrosystems Ink North American Distribution PactMay 2, 2008 Avnet Memec a specialty semiconductor division of Avnet Electronics Marketing – an operating group of Avnet, Inc. – and austriamicrosystems have inked a North American distribution agreement. As a global designer and manufacturer, austriamicrosystems develops and produces standard analog semiconductors for industrial ... Delta Announces 2008 Q1 Financial Results – Net Profits Down 18%May 2, 2008 Delta Electronics announced its Q1 2008 financial results. Delta’s consolidated Q1 2008 sales revenues were NT$33,519,622,000, net income after tax NT$2,597,965,000, and earnings per share NT$1.23. The figures represent an after-tax profits decline by 17.7% on the year. Company data revealed gross margin standing at 18.5% in the first ... Protonex Awarded $3.65 Million Program To Continue Development Of Pulse M250 Military Power SystemMay 1, 2008 Protonex Technology Corp. announced that it has received a $3.65 million contract with the U.S. Army Research Office (ARO) to develop the next generation of its Pulse M250 military power system. Protonex will continue its partnership with Raytheon for testing and optimization of this product, focused on the military’s standards ... Micrel Reports First Quarter Financial ResultsMay 1, 2008 Micrel, Inc. announced financial results for the first quarter ending March 31, 2008. First quarter revenues of $66.1 million increased 2% sequentially compared to fourth quarter 2007 revenues of $64.6 million and increased 5% compared to revenues of $63.1 million recorded in the year-ago period. According to the company, the increase in revenues ... Murata Power Solutions Names New Director Of Global Field ApplicationsMay 1, 2008 Murata Power Solutions announced that it has appointed Wisam Moussa to the new position of Director of Global Field Applications. His primary role will be to expand the company’s global FAE program and bolster the already comprehensive technical support to tier 1 accounts and broad market customers. Wisam joined the company in 1984. He ...
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2008 Calendar Of Events
May 27-29, 2008 June 02-04, 2008 June 03-07, 2008 August 18-21, 2008 September 02-05, 2008 September 14-18, 2008 September 15-17, 2008 October 04-06, 2008 October 20-21, 2008 October 20-22, 2008 October 27-30, 2008 November 11-14, 2008 advertisement
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Did You Know?In any given year, no other month starts on the same day of the week as May. The same is true for June.
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