Topic: Sales and Earnings
Components supplier Vishay Intertechnology saw both its fourth-quarter and full year 2019 sales and earnings fall from year-ago levels.
Full fiscal 2020 expected to see 5% revenue growth
After a lackluster fourth quarter of 2019, ON Semiconductor forecasts improved sales and earnings in 2020.
Sony warned that coronavirus could affect its supply chain for its sensors business and other products.
FierceElectronics summarizes the news for the week of January 27.
Circuit protection and power control devices supplier Littelfuse Inc. posted lackluster results for fourth quarter and full year ended December 28.
TE Connectivity posted net sales of $3.2 billion with adjusted earnings per share of $1.21, both exceeding the company’s projected guidance.
Maxim Integrated Products, Inc., reported net revenue of $551 million for its second quarter of fiscal 2020, up 3% from the previous quarter.
Mixed earnings results dominated news in the electronics industry the week of January 20.
Avnet posted GAAP earnings per share from continuing operations of 5 cents per share on sales of $4.5 billion, down from a year ago.