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) has expanded its product portfolio by partnering with 3RWave to introduce a new range of microwave filters. These filters feature over 300 types, supporting frequencies up to 40GHz and power capabilities of 2KW peak. The addition aims to enhance design support across various applications, including RF communications and radar. This move aligns with Richardson's strategy to offer tailored solutions while reinforcing its global infrastructure for prototype design and technical support.
Richardson Electronics (NASDAQ: RELL) has launched Celem’s HTC series of high temperature capacitors, specifically designed for Electric Vehicle (EV) Wireless Charging solutions. These capacitors can operate at temperatures up to 125°C, making them ideal for applications where water-cooling is not feasible. They outperform traditional ceramic capacitors by offering better vibration resistance and a smaller footprint. The series includes various products with maximum capacitance ratings of up to 0.8μF at 550V and up to 0.2μF at 1000V, indicating substantial power capacity for EV applications.
Richardson Electronics (NASDAQ: RELL) announced the launch of its new SemiQ third-generation SiC diode modules, enhancing capabilities in power management for electric vehicles, uninterruptible power supplies, solar power, and renewable energy applications. These modules, qualified via JEDEC reliability tests, include configurations of 650V/1200V and 50A/100A, designed for high reliability and ruggedness. The modules are now available for global sampling, aiming to expand market reach and customer value.
Richardson Electronics, Ltd. (NASDAQ: RELL) has entered into a global distribution agreement with Quantum Microwave, a provider of microwave and millimeter-wave solutions. Excluding Japan, China, and Taiwan, this partnership aims to enhance market reach in RF and microwave communications, 6G, and quantum computing sectors. Quantum Microwave's products include waveguide components up to 325 GHz and cryogenic components for quantum applications. This collaboration seeks to leverage both companies' strengths in providing high-quality solutions globally.
Richardson Electronics, Ltd. (NASDAQ: RELL) has established a global distribution agreement with Signal Microwave. This partnership aims to enhance the availability of high-quality microwave connectors and test boards for applications up to 110GHz. The collaboration aligns with both companies' focus on delivering reliable products for RF and microwave communications, 5G testing, and digital applications. Both companies emphasize their commitment to quality, with Signal Microwave offering a 3-year warranty on its products.
Richardson Electronics (NASDAQ: RELL) has entered a distribution agreement with Isahaya Electronics, enhancing its product offerings in the Americas. Isahaya specializes in DC/DC converters, gate drivers, and hybrid ICs used in various critical applications such as UPS and EV charging. This partnership aims to provide optimal solutions for inverter applications utilizing IGBT modules. The gate drivers support a range from 15A to 3600A and feature improved performance metrics, aligning with Richardson's strategy of delivering comprehensive engineered solutions to its customers.
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.