GlobeNewswire - Industry News on Computer Hardware

Microchip Technology Announces Changes to Its Board of Directors

2021-03-02T13:30:00Z

CHANDLER, Ariz., March 02, 2021 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) �C Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that Karlton Johnson, currently the Chief Executive Officer of DeLaine Strategy Group LLC, will join the Board of Directors of Microchip effective April 1, 2021.

Microchip Releases the First IEEE 802.3bt Power over Ethernet to USB Type-C? Power and Data Adapter

2021-03-02T13:09:00Z

Enables extended installation reach of USB Type-C devices while supporting a variety of input PoE standards up to 90W and output power up to 60W

Enables extended installation reach of USB Type-C devices while supporting a variety of input PoE standards up to 90W and output power up to 60W

3D Systems Reports Fourth Quarter and Full Year 2020 Financial Results (Unaudited), Reschedules Form 10-K Filing

2021-03-02T00:45:54Z

ROCK HILL, S.C., March 01, 2021 (GLOBE NEWSWIRE) -- 3D Systems Corporation (NYSE:DDD) announced today?that it will delay filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2020.? The company will file a Form 12b-25, Notification of Late Filing, with the Securities and Exchange Commission, which extends the deadline to file the Form 10-K.? The company confirms its plans to hold a fourth quarter and full year 2020 conference call on Tuesday, March 2, 2021.

Microchip Technology to Present at the Morgan Stanley Technology, Media and Telecom Conference

2021-03-01T21:15:00Z

CHANDLER, Ariz., March 01, 2021 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) �C Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the Morgan Stanley Technology, Media and Telecom Conference on Wednesday, March 3, 2021, at 11:00?a.m. (Eastern Time). Presenting for the Company will be Mr. Steve Sanghi, Executive Chair, and Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer. A live webcast of the presentation will be made available by Morgan Stanley, and can be accessed on the Microchip website at www.microchip.com.

Microchip Technology to Present at the Raymond James 42nd Annual Institutional Investors Conference

2021-03-01T21:15:00Z

CHANDLER, Ariz., March 01, 2021 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) �C Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the Raymond James 42^nd Annual Institutional Investors Conference on Tuesday, March 2, 2021, at 10:50?a.m. (Eastern Time). Presenting for the Company will be Mr. Ganesh Moorthy, President and CEO, and Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer. A live webcast of the presentation will be made available by Raymond James, and can be accessed on the Microchip website at www.microchip.com.

MICT Acquires Key License for Soon-to-Launch Stock Trading and Wealth Management Platform and Mobile App in China and Hong Kong

2021-02-25T14:25:00Z

Hong Kong Securities and Futures Commission Approves MICT��s 100% Acquisition of License Holder, Huapei Global Securities Ltd., a Hong Kong-Based Securities and Investments Firm

3D Systems Announces Introduction of Next Generation ��High Speed Fusion�� 3D Printing System for Aerospace and Automotive Market Applications

2021-02-24T13:30:00Z

ROCK HILL, S.C., Feb. 24, 2021 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) today announced its introduction of a novel High Speed Fusion industrial 3D printer platform and material portfolio. Developed in a collaboration with Jabil Inc. (NYSE:JBL), this unique HSF??family of products, including the Roadrunner??3D printer, is expected to provide the best economics of any high throughput industrial fused-filament offering in the market today. Through the use of advanced electric motion control, this unique system operates at speeds and precision levels well beyond current state-of-the-art production platforms. With temperature capability and available build areas greater than those of competing systems, combined with an outstanding materials portfolio, the Roadrunner system is designed to address the most demanding aerospace and advanced automotive applications. The result is not only unique application solutions but compelling manufacturing economics driven by the size, speed, and precision of this new technology platform.

3D Systems Announces Delay of Fourth Quarter and Full Year 2020 Earnings Release and Conference Call

2021-02-24T00:49:50Z

ROCK HILL, S.C., Feb. 23, 2021 (GLOBE NEWSWIRE) -- ?3D Systems (NYSE:DDD) today announced that it will delay its fourth quarter and full year 2020 conference call, previously scheduled for February 25, 2021.

Quantum Computing Inc. Appoints Robert B. Fagenson, National Holdings Vice Chairman and Former NYSE Floor Governor and Vice Chairman, to its?Board of Directors

2021-02-23T13:31:58Z

LEESBURG, Va., Feb. 23, 2021 (GLOBE NEWSWIRE) -- Quantum Computing Inc. (OTCQB: QUBT) (QCI), a leader in bridging the power of classical and quantum computing, has appointed finance and capital markets industry leader, Robert B. Fagenson, to serve on the company��s board of directors and as chair of its audit committee.

Microchip Announces Space-Qualified COTS-Based Radiation-Hardened Power Converters

2021-02-23T13:05:00Z

Expansion of SA50-120 family introduces qualified 100V and 120V bus systems for space applications

Expansion of SA50-120 family introduces qualified 100V and 120V bus systems for space applications

Microchip Technology Recommends Stockholders Reject TRC Capital��s ��Mini-Tender Offer��

2021-02-22T14:00:00Z

CHANDLER, Ariz., Feb. 22, 2021 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) �C Microchip Technology Incorporated recently learned of an unsolicited ��mini-tender offer�� made by TRC Capital Investment Corp. to Microchip stockholders to purchase up to 1 million shares of Microchip common stock at $152.00 per share. TRC Capital��s offer price is approximately 4.73 percent below the closing share price of Microchip common stock on February 12, 2021 ($159.55), the day before the offer commenced, and approximately 6.38 percent below the closing price of Microchip common stock on February 19, 2021 ($162.35), the day prior to this release. The offer is for less than 0.5% of Microchip��s outstanding shares.

Key Tronic Corporation Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

2021-02-18T21:11:43Z

SPOKANE VALLEY, Wash., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC) received on February 17, 2021 a standard notice from Nasdaq indicating that, as a result of not having timely filed its Quarterly Report on Form 10-Q for the quarter ended December 26, 2020 (the ��Form 10-Q��), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission (��SEC��).

QCI Launches Qatalyst?, the First Quantum Computing Application Accelerator

2021-02-17T13:31:00Z

Software Speeds Adoption of Quantum Computing By Providing Real Business Solutions Today

Software Speeds Adoption of Quantum Computing By Providing Real Business Solutions Today

MICT Announces Closing of $60 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

2021-02-16T17:05:00Z

MONTVALE, N.J., Feb. 16, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq:?MICT) (the "Company"),?today announced that it closed its previously announced registered direct offering of?(i) 22,471,904 shares of common stock, (ii) 22,471,904 Series A Warrants to purchase 22,471,904 shares of common stock and (iii) 11,235,952 Series B Warrants to purchase 11,235,952 shares of common stock at a combined purchase price of $2.67. The gross proceeds to MICT from this offering are?approximately $60,000,000, before deducting placement agent fees and other estimated offering expenses. The Series A Warrants are exercisable six months after the date of issuance, have an exercise price of $2.80 per share and expire five and one-half years from the date of issuance. The Series B Warrants are exercisable six months after the date of issuance, have an exercise price of $2.80 per share and expire three and one-half years from the date of issuance.

Microchip Delivers Accuracy and Energy-efficiency of Current Monitoring in High-temperature Automotive Applications

2021-02-16T13:00:00Z

New high-side current sense amplifier offers the industry��s lowest offset for AEC-Q100 Grade 0 qualified devices, enabling a more accurate and energy efficient current measurement solution for those applications exposed to extreme temperatures

New high-side current sense amplifier offers the industry��s lowest offset for AEC-Q100 Grade 0 qualified devices, enabling a more accurate and energy efficient current measurement solution for those applications exposed to extreme temperatures

3D Systems�� Metal Additive Manufacturing Solutions Selected by Raytheon Technologies and CCDC Army Research Laboratory for Novel Thermal Application

2021-02-11T13:30:00Z

ROCK HILL, S.C., Feb. 11, 2021 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) today announced the company has been selected by Raytheon Technologies and the Combat Capabilities Development Command (DEVCOM) Army Research Laboratory (ARL) as part of a research project titled ��Research for Virtual Design and Qualification Process for Additively Manufactured Parts Optimized for Multi-Laser Machines��¹ awarded through the National Center for Manufacturing Sciences�� (NCMS) Advanced Manufacturing, Materials, and Processes (AMMP) program. Working in conjunction with Raytheon Technologies, the Penn State Applied Research Lab, Johns Hopkins University, and Identify3D, the goal is to optimize a component relative to an Army modernization product to maximize cooling and improve overall system performance. Using additive manufacturing (AM) to address this need is a novel approach to the project that covers the entire part lifecycle including determining performance requirements, topologically optimizing the design, manufacturing the part with attention to process monitoring for quality control, component performance validation, and data security.

MICT Announces $60 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

2021-02-11T13:30:00Z

MONTVALE, N.J., Feb. 11, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq:?MICT) (the "Company"),?today announced it has entered into securities purchase agreements with institutional investors for the purchase and sale of (i) 22,471,904 shares of common stock, (ii) 22,471,904 Series A Warrants to purchase 22,471,904 shares of common stock and (iii) 11,235,952 Series B Warrants to purchase 11,235,952 shares of common stock at a combined purchase price of $2.67. The gross proceeds to MICT from this offering are expected to be approximately $60,000,000 before deducting placement agent fees and other estimated offering expenses. The Series A Warrants will be exercisable six months after the date of issuance, have an exercise price of $2.80 per share and will expire five and one-half years from the date of issuance. The Series B Warrants will be exercisable six months after the date of issuance, have an exercise price of $2.80 per share and will expire three and one-half years from the date of issuance. The offering is expected to close on or about February 16, 2021, subject to customary closing conditions.

Key Tronic Corporation Announces Late Filing For the Second Quarter of Fiscal Year 2021

2021-02-10T21:05:00Z

SPOKANE VALLEY, Wash., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced the Company is unable to file its Quarterly Report on Form 10-Q for the quarter ended December 26, 2020 (the ��Form 10-Q��) by the prescribed due date without unreasonable effort or expense.

MICT Signs New Financial Services Partnership for Commodity Trading and Futures

2021-02-10T14:25:00Z

MICT Partners with Leading Chinese Oil & Gas Exchange to Launch Pioneering Financial Services Initially for Oil and Gas Futures and Commodity Exchange Trading

Canaan Announces Improved Revenue Visibility in 2021

2021-02-10T11:00:00Z

BEIJING, China, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that its revenue visibility has improved substantially in 2021 as a result of attaining purchase orders totaling more than 100,000 units of bitcoin mining machines from customers in North America. Many of those purchase orders were placed with prepayment and will likely occupy the Company��s current manufacturing capacity entirely for the full year of 2021 and beyond. With those fully committed purchase orders, the Company now enjoys a much higher degree of revenue visibility and more precise forecast. As such, the Company is able to leverage such information and additional liquidity to conduct its component purchases, production scheduling, warehousing and logistics.