All Business News

Plextek looking to add staff

Cambridge based design consultancy Plextek is looking to boost staffing by more than 10% in the next couple of months as part of a business expansion plan. Managing director Colin Smithers, pictured, said: "We’re performing very well as a business and have many exciting projects in the pipeline.”

Dr T elected to US National Academy of Engineering

Dr James Truchard, National Instruments’ president and ceo, has been elected to the National Academy of Engineering, widely considered the highest honour given in US engineering. Dr Truchard has been recognised for ‘creating ‘virtual instrumentation’.

Zetex recovers, looks to ‘high value products’

Zetex says it has recovered from ‘trading difficulties’ in 2005 to show growth, a lower cost base and a new management team. Annual revenues of £67.2million were 17% up on the previous year, with profit almost doubled to £1.6m. CEO Hans Rohrer, pictured, said: “In the longer term, accelerated growth will be achieved through defining high value products through intense interaction with our target customers.”

CSR forges ahead

CSR's latest financial results show annual revenues grew by 45% to $704.7million, whilst operating profit rose by 33% to $149m.

C-MAC selected as MEAD partner

C-MAC MicroTechnology has announced its selection as a partner in the MEMS Application for Defence (MEAD) consortium, led by QinetiQ. The MEAD consortium will develop Micro Electro Mechanical Systems (MEMS) technology for the defence industry in a MoD backed project, with £3.2million of funding over three years.

National licenses IP through IPextreme

Semiconductor technology licensing company IPextreme has signed a ‘frame agreement’ with National Semiconductor under which it will sell and support a broad selection of proven semiconductor IP. Initially, IPextreme will offer an collection of commonly needed AMBA 2.0 peripherals and the CompactRISC CR16 processor.

Grab the opportunities, says ELC

The Electronic Leadership Council’s Annual Report claims UK electronics has a ‘potentially bright future’, but notes that it is crucial that the industry as a whole takes advantage of the opportunities that are being presented.

ARC claims ‘positive year’

Configurable processor company ARC has had what it calls a year of record growth in 2006. Amongst highlights in the company’s annual report are revenues up by 28% to £13.4million, royalties up by 30% to £3.4m and revenue from Asian customers up by 239% to £3m. Derek Meyer, senior vice president of sales and marketing, pictured, said: “It’s been a very positive year, with gains in licenses and royalties.”

Spansion takes #1 NOR spot

Spansion has displaced Intel as the leading NOR flash supplier, according to the latest rankings from iSuppli. The market watcher claims the NOR flash market in 2006 was worth $8.5billion, an increase of 8.1% over 2005.

SiLabs sells cellular comms business to NXP

Silicon Laboratories has sold its Aero transceiver, AeroFONE single chip phone and power amplifer product lines to NXP for $285million. “This transaction transfers a one of a kind business in the mobile handset market to NXP,” said Necip Sayiner, SiLabs’ president and ceo, pictured.

ARM grows revenues and licenses

ARM has reported a 20% increase in its revenues for the fourth quarter of 2006, said ceo Warren East, pictured. Hidden within the figures is a 27% increase in revenues from its Physical IP Division and a 21% increase in revenues from the processor division.

National Skills Academy unveiled

Trade and Industry Secretary Alistair Darling is to launch the National Skills Academy for Manufacturing, one of the first in a national network of academies that have been created to ‘put employers in the training driving seat’.

Jaltek makes rf specialist acquisition

Design and manufacturing services provider Jaltek Group is to acquire Wavesight, which designs, manufactures and supplies ruggedised, wireless transmission solutions for transportation, surveillance and enterprise.

Omron and RS extend relationship

Omron Electronic Components and RS Components have inked a pan European distribution agreement that extends the relationship between the two companies significantly in terms of geographical coverage and product depth.

Bug hunters show well in business competition

University of Kent spin out UltraSoC Technologies has won second place in the 2006 Research Councils’ Business Plan Competition. Malcolm Wicks, Minister of State for Energy, Department of Trade and Industry, commended UltraSoC for its excellent business propositions, adding that ‘science and entrepreneurship are crucial to the health of the UK economy’.

NXP to leave Crolles2 Alliance

NXP Semiconductors has confirmed what many industry observers had been predicting; it will not extend its current cooperation in the Crolles2 Alliance beyond the initial term expiring at the end of 2007.

Frontier gets £16m boost

Frontier Silicon has secured a £16million financing round led by new investor Mitsui Private Equity. The new investment will boost Frontier Silicon’s roadmap of semiconductor solutions for mobile TV and digital audio products.

Apple unveils iPhone at MacWorld

Confirming the recent swirl of rumours, Apple unveiled its iPhone at MacWorld. The device combine three products – a mobile phone, a widescreen iPod with touch controls and an internet communications device.

US orders increase slightly

Electronic component orders in the US rebounded in December after a slight dip in November, according to the four to five-week index compiled by the Electronic Components, Assemblies and Materials Association (ECA).

ST shakes up product focus

STMicroelectronics is reorganising itself to address three main product areas: application specific groups; flash memory; and the industrial and multisegment sector. In this way, says the company, it is better aligned to meet market requirements, whilst preparing for a strategic repositioning in flash memory. The move, which takes effect at the beginning of 2007, tends to support rumours that ST is about to sell its memory interests to a private investment group.

More spectrum to be auctioned

Ofcom is proposing the largest single release of radio spectrum yet in the UK. It believes the 215MHz it is looking to auction could be used for a range of new services such as mobile broadband.

Electronics KTN names ceo

Ashley Evans, currently chief executive of Electronics Scotland, has been appointed as chief executive officer of the Electronics Knowledge Transfer Network (KTN)

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