Melexis, a global microelectronics engineering company, has posted record-breaking end of year financial results. For the first time in its history, annual sales revenue figures that exceed the Euro 400 million mark (400.1 million) have been posted. This represents a year-on-year sales growth greater than 20%. Melexis’ gross profit margin has risen to Euro 192.1 million, which is an increase of 19% compared to the previous year.Read more ...
Tyto Care, an Israeli firm, has developed a portable device that helps monitor all sorts of health parameters to let doctors diagnose patients remotely. Imagine keeping this device at home and, once a family member gets sick, calling your doctor and performing a basic checkup.Read more ...
Sony has a very successful image sensor business – the company’s camera components feature in a number of high profile smartphones across various manufacturers. Interestingly, during the recent Q3 FY15 results, the company confirmed that its own dual-lens camera platform would feature in products from “major smartphone players” over the next year.
Taiwan's Foxconn is aiming to finalise a deal to acquire Japan's Sharp Corp by the end of the month, after the two firms reached a consensus on most points, Foxconn Chief Executive Officer Terry Gou said.Read more ...
Company reaffirms Q4 and FY 2015 expectations; expects results at high end
iRobot, a deliver of robotic technology-based solutions, announced that it has signed a definitive agreement to sell its Defense and Security business to Arlington Capital Partners for up to $45 million in total consideration, including a contingent payment based on achieving certain milestones.
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