GREENVILLE, SC -- Kemet Corp., a leading manufacturer
of tantalum and ceramic capacitors, late Wednesday said Jeffrey A.
Graves resigned as chief executive and as a director. No reason was made public.
The company
tabbed James P. McClintock, president and chief operating officer, and
David E. Gable, vice president and chief financial officer, to handle
CEO responsibilities on an interim basis.
The board is actively seeking a new CEO.
Last week the company posted wider-than-expected losses of $38.9 million amid declining revenues and inventory problems.
DALLAS, Jan. 25 -- Integrated Performance Systems, a holding company for printed circuit board manufacturers, will consolidate its operations into its Wylie, TX, plant.
The 101,000 sq. ft. Wylie plant is home to Lone Star Circuits, which IPS acquired last November in what is considered a reverse takeover.
The company said it would close its PC Dynamics manufacturing plant located in Frisco, TX. PC Dynamics is a wholly owned subsidiary of IPFS.
The firm said it has begun duplicating processes at its Wylie site and should have all of the new lines running within the next eight weeks.
OYSTER BAY, NY -- This decade will witness an unprecedented level of growth in the
electronics content of an automobile. This trend will be the result of
a barrage of emerging advanced automotive safety, engine, infotainment
and chassis control technologies, according to the findings of a new
study from ABI Research.
Robert LaGuerra states that differing factors around the
world are driving this growth for automotive-specific semiconductors.
For example, in Europe and Asia, smaller engines are the norm and there
is a defined need to match their performance with those of larger
displacement engines. To maximize the performance of these smaller
engines, advanced engine management technologies including displacement
on demand, variable valve timing and direct fuel injection
are being aggressively rolled out in these regions.
The same is happening in the U.S., although this is
predominantly due to rising fuel costs and CAFE standards. More
specifically, new government legislation mandates that automakers must
implement advanced airbag safety systems and tire pressure monitoring
systems into future car lines.
LaGuerra cautions, "Automotive processors are proliferating, but in
some applications adding too many components that are intended to make
the car more reliable, may actually reduce reliability." He adds that
in some situations, the industry will actually look to simplify things
using fewer, heavier-duty processors.