Welcome to our dedicated page for Richardson Electrs news (Ticker: RELL), a resource for investors and traders seeking the latest updates and insights on Richardson Electrs stock.
Richardson Electronics, Ltd. reports developments across engineered solutions for alternative energy and power management markets, RF and microwave products, industrial laser consumables, and custom displays for medical and industrial OEMs. Its updates commonly cover quarterly results, cash dividends, backlog and segment trends, and demand from end markets such as healthcare, semiconductor, communications, industrial, aviation, military, scientific, and marine applications.
Company news also includes product and channel activity for Canvys visual technology solutions, the LaserSlat SAVER laser-cutting maintenance product, and technology partnerships that expand RF and microwave component offerings. Richardson Electronics emphasizes design-in support, systems integration, prototype manufacturing, testing, logistics, and aftermarket technical service through its global infrastructure.
Richardson Electronics (NASDAQ: RELL) reported a 7% increase in net sales to $42.4 million for Q2 FY21, compared to Q2 FY20. Key revenue growth was observed in PMT and Healthcare segments, particularly with ALTA750™ Tube sales reaching record levels. The gross margin improved to 33.8% from 32.0% year-over-year. Operating expenses rose slightly to $13.5 million. The company achieved an operating income of $0.9 million, reversing a loss from the prior year. A quarterly cash dividend of $0.06 was announced, payable on February 24, 2021.
Richardson Electronics (NASDAQ: RELL) will release its Q2 financial results for the period ended November 28, 2020, on January 6, 2021. The results will be accessible on the company's website and through GlobeNewswire. A conference call is scheduled for January 7, 2021, at 9:00 a.m. CST, featuring CEO Edward J. Richardson and CFO Robert J. Ben, who will discuss the results in detail and answer questions. Investors can access a replay of the call later that day.
Richardson Electronics announces the availability of UnitedSiC's Gen 4 SiC FETs, the world's first devices rated at 750V. These FETs offer significant performance enhancements with 18- and 60-mOhm options and lower on-resistance. They aim to improve efficiency in various applications, including automotive and renewable energy. Executive Vice President Greg Peloquin praised this milestone in power conversion technology, highlighting a successful partnership with UnitedSiC. Richardson Electronics continues to provide engineered solutions across diverse markets, seeking innovations for better customer support.
Richardson Electronics, Ltd. (NASDAQ: RELL) has announced the availability of Tamura Corporation’s Current Sensors and Gate Drivers, notable for their reliability and rapid response times. The sensors utilize the Hall-Effect system to accurately measure AC/DC currents in applications such as UPS and solar power. Tamura’s Gate Drivers offer integration with DC-DC converters and are officially endorsed by Fuji Electric, making them suitable for next-generation IGBT and MOSFET applications. This launch enhances Richardson's offering in engineered solutions across various sectors.
Richardson Electronics (NASDAQ: RELL) has enhanced its power conversion offerings by introducing Fuji Electric's 7th Generation IGBT modules. These modules use advanced IGBT chip technology designed for energy efficiency, compactness, and reliability. Key improvements include:
- 10% reduction in inverter loss and 11°C improvement in chip temperature.
- 36% reduction in module footprint with better heat dissipation.
- Continuous operation at 175°C, allowing 35% more output.
This new product line serves a range of applications, affirming Richardson's commitment to provide top-tier solutions.
Richardson Electronics (NASDAQ: RELL) announces the availability of new SiC Schottky diodes from UnitedSiC, featuring the lowest VF-Qc for fast switching applications. These third-generation devices enhance power efficiency in advanced applications like electric vehicle charging, industrial drives, and solar inverters.
Key features include options rated at 10A, 20A, and 50A for 1200V, and a 25A rating for 1700V, boasting excellent surge current capabilities. This expansion positions UnitedSiC as a leader in silicon carbide technology.
Richardson Electronics, Ltd. (NASDAQ: RELL) has enhanced its RF offerings by collaborating with Masach Tech to distribute EMI/RFI shields. These innovative parts are designed for easy troubleshooting and maintenance, featuring a two-piece shield design and seamless construction for optimal performance. Masach Tech, established in 1994, specializes in board-level shielding crucial for protecting RF devices from electromagnetic interference. The partnership aims to expand Masach's distribution globally, highlighting the importance of high-quality shielding in electronic design and production.
Richardson Electronics, Ltd. (NASDAQ: RELL) announces the launch of a redesigned website for Canvys, its division that specializes in custom monitor and All-In-One (AIO) computer solutions. The site, available in English and German, features improved navigation and resources for users. Canvys focuses on the medical and industrial markets, highlighting its display technology expertise. EVP Jens Ruppert emphasizes the website's user-friendly design and informative content aimed at enhancing customer understanding of Canvys' offerings.
Richardson Electronics (NASDAQ: RELL) has partnered with Qorvo to release an eBook titled “Design Innovations in MMICs”, aimed at providing RF engineers with essential insights on millimeter-wave system design, testing, and amplifier design. This publication includes valuable advice on design tradeoffs that impact performance, with examples of millimeter-wave component applications. The collaboration aims to simplify design and testing challenges in the RF engineering sector, enhancing support with technical articles, product announcements, and more available on Richardson's Think Tank webpage.
Richardson Electronics, Ltd. (NASDAQ: RELL) has announced the addition of Pureechem ultracapacitors to its product line, enhancing its offerings in energy solutions. Manufactured in Korea, these ultracapacitors boast low internal resistance and larger capacity options, ranging from 3F-100F and 2.7-3.0V radial cells to 5.4-6.0V modules. They cater to various applications including data storage and uninterruptible power supplies. The partnership aims to leverage Pureechem's innovative technology for improved performance and durability in energy storage solutions.