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Mycronic Q3 EBIT drops as Assembly Solutions unit weighs

Thursday, 19 Oct 2017

Oct 19 (Reuters) - Mycronic AB (Publ) :Q3 ‍net sales were SEK 484 (497) million.Q3 ‍order intake was SEK 1,874 (367) million​​.Q3 ‍EBIT was SEK 63 (148) million​.Q3 ‍underlying ebit was sek 72 (149) million​.Says ‍board's assessment remains, that net sales in 2017 will be at level SEK 2,800 million.​.Says ‍we are not pleased with Q3 net sales and ebit regarding business area AS (Assembly Solutions)​.Says ‍quarter was negatively affected in short term by, among other things, challenges within supply chain for ramp up of platform changes​.

Lattice semiconductor says ‍Q3 revenue is expected to be nearly $91 mln to $93 mln

Thursday, 12 Oct 2017

Oct 12 (Reuters) - Lattice Semiconductor Corp :Lattice Semiconductor Corp - ‍Revenue is expected to be approximately $91 million to $93 million for Q3 2017​.Lattice Semiconductor Corp - ‍Revenue is expected to be approximately $383 million to $388 million for full year 2017​.Lattice Semiconductor Corp says ‍for full year 2018 company is targeting double-digit annual revenue growth​.Lattice Semiconductor Corp - ‍Expects GAAP results for Q3 2017 will reflect restructuring charges of approximately $3.5 million to $4.0 million​.Lattice Semiconductor Corp - ‍Also expects GAAP results for Q3 2017 will reflect a non-cash impairment charge of approximately $36 million​.Lattice Semiconductor Corp - Non-cash impairment charge related to company's strategic decision to cease future investment in wired ASSP development​.Lattice Semiconductor Corp sees ‍FY EBITDA of approximately $110 million to $120 million, sees FY free cash flow of approximately $80 million to $100 million​.Q3 revenue view $93.8 million -- Thomson Reuters I/B/E/S.FY2017 revenue view $391.5 million -- Thomson Reuters I/B/E/S.

Intel has axed group working on fitness trackers and health wearables - CNBC, citing source

Thursday, 20 Jul 2017

July 19 (Reuters) - :Intel has axed the group working on fitness trackers and health wearables - CNBC, citing source.

Hareon Solar Technology to dissolve five photovoltaic units

Monday, 19 Jun 2017

June 19 (Reuters) - Hareon Solar Technology Co Ltd <600401.SS> ::* Says it plans to dissolve five photovoltaic units.

Alpha Holdings to divest HDMI business into new subsidiary

Wednesday, 12 Oct 2016

Alpha Holdings Inc <117670.KQ> : Says it will divest its HDMI business into a new wholly owned subsidiary .Says transaction effective date of Dec. 23 and expected registered date of Dec. 26.

Lattice Semiconductor agreed to restructure its role as agent with members HDMI consortium

Thursday, 22 Sep 2016

Lattice Semiconductor Corp : As a result of this restructuring, no longer serve as agent for consortium . Will be entitled to a reduced share of adopter fees paid by parties adopting HDMI standard . Restructuring resulted in a non-cash impairment charge relating to intangible assets associated with future HDMI adopter fees . Non-Cash impairment charge will be recognized in the third fiscal quarter of 2016 . On Sept 19, agreed to restructure our role as agent with members of high-definition multimedia interface (HDMI) consortium . Says we currently estimate total non-cash impairment charge to be in range of $7.5 million to $8.5 million .Do not anticipate any future cash expenditures related to this impairment charge..

Mitsui High-tec plans to merge with lead frame maker (unit)

Friday, 2 Sep 2016

Mitsui High-tec Inc <6966.T> : Says it plans to merge with its wholly owned Kitakyushu-based subsidiary, a lead frame maker, effective on Feb. 1, 2017 .Says the unit will be dissolved after the transaction.


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