NEWARK, NY -- A dissident slate of shareholders has won election to the board of IEC Electronics, multiple websites are reporting tonight.

SAN JOSE -- Flextronics today announced fiscal third-quarter sales of $7 billion, down from $7.2 billion a year ago but ahead of the high end of previous guidance.

SPOKANE VALLEY, WA -- Key Tronic reported December quarter revenue jumped 46% year-over-year to $114.3 million, the result of the EMS firm's acquisition of Ayrshire Electronics.

LONDON -- 2015 should be a big year for smart glasses with unit shipment growth of nearly 150%, almost of all of which will be in the enterprise and public sector. 

JASPER, IN -- Kimball Electronics announced plans today to expand its capacity in Europe by opening a new operation in Romania.

WASHINGTON – IPC released its Global Policy Framework for 2015, outlining public policy priorities to promote a strong manufacturing economy.    

GLENVIEW, IL -- Illinois Tool Works' Test & Measurement and Electronics business unit today reported fourth-quarter sales fell 3.3% year-over-year to $541 million.

Organic sales were down 0.5% for the period, the firm said.

For the period, operating income totaled $82 million. Operating margin fell 60 basis points to 15.1% for the quarter ended Dec. 31.

For the year the division totaled operating income of $340 million on revenues of $2.2 billion. Organic revenue was up 1.5% year-over-year, while overall revenue rose 1.3%.

The Test & Measurement and Electronics unit includes such companies as Speedline Technologies, Kester Solder and Vitronics Soltec.

HAWTHORNE, CA -- OSI Systems today reported net income rose 24.7% over last year on a 9% increase in revenues for the quarter ended Dec. 31.

STAMFORD, CT -- By 2020, there will be a quarter billion connected vehicles on the road, enabling new in-vehicle services and automated driving capabilities, according to research firm Gartner. 

SAN JOSE, CA – Sanmina reported first fiscal quarter revenue of $1.67 billion, up 15.2% year-over-year, and down 1.2% sequentially.

NEW YORK -- The worldwide electronics manufacturing services market will grow from $440 billion in 2013 to $639 billion in 2018, a 7.7% CAGR, according to a new research report.

LYON, FRANCE – “The technological choice between STTMRAM/MRAM and RRAM will be made in the next two years.”

That's according to a new report from technology research company Yole Développement.

The company's latest report on the non-volatile memory forecats how emerging NVM technologies will be increasingly used in various markets including industrial and transportation; enterprise storage; wearable; mobiles devices; mass storage; and MCU smart card. 

In the longterm, Yole says, spin-transfer torque magnetoresistive RAM (STTMRAM) is sure to be the only candidate to substitute DRAM thanks to its high endurance. Resistive random access memory (RRAM or ReRAM) is sure to substitute NAND thanks to its high scalability and low cost.

Still, emerging NVM sales are still moderate at $65 million in 2014 and limited to niche markets due to the limited density available," said Yann de Charentenay, senior technology and market analyst at Yole. 

In 2014, Micron, the main phase-change memory (PCM) promoter for stand-alone memory, stopped actively selling PCM chips following the collapse of sales targeting the shrinking entry-level mobile phone market. At the same time, Micron developed a RRAM chip with Sony, part of a technology class that includes conductive bridge RAM (CBRAM), Yole says.

At 16 Gb the Micron-Sony RRAM has the highest density commercialized among emerging NVM technologies. Thus, Yole believes that PCM is now out of the race for standalone memory.

For embedded microcontroller unit (MCU) applications 2015 will be a key year as STMicroelectronics, the main PCM promoter in this market, will choose if PCM will remain in its roadmap, Yole predicts. 

The report focuses on what Yole deems the two most promising technologies: RRAM and magnetoresistive RAM (MRAM). The most attractive category of MRAM, STTMRAM, provides higher scalability/density.  A main selection criterion for memory is the scalability/density of the chips, as this impacts both performance and cost.  The two types will compete in 2015 and 2016 in some standalone markets, with storage class memory for enterprise storage being the biggest one. They will also compete in embedded MCU markets in the wearable, smart card and other markets. Micron has already selected RRAM for 2015 and other key standalone players like Samsung and SK Hynix should react quickly. In the embedded memory space, only Panasonic has selected RRAM and many key players have not yet made their choice. There is still high uncertainty over what will be the best technology to adopt. The next two years will therefore be critical, the firm concludes.