Finance

Electrocomponents, the parent company of distributor RS Components, has posted strong growth in both sales and profits in full-year results published this morning.

Samsung is rolling out its Samsung Pay mobile payments system in the UK, following the launch of the Galaxy S8 and S8+.

Imagination Technologies has agreed a deal to sell its SoC and software design business to UK-based design firm Sondrel. Design engineers employed in the IMGworks division will join with Sondrel’s existing engineering consultancy to create a combined IC design capability comprising more than 250 highly skilled employees. Imagination is in the middle of a major business overhaul following last month’s ...

Oxfordshire-based P2i, which develops liquid repellent materials used in smartphones, has received a £10m in venture funding from Clydesdale and Yorkshire Bank’s Growth Finance team. Liquid damage is the second most common type of phone damage, behind smashed screens. P2i develops water resistant nano-coating which are used to protect the electronic components in smartphones. The firm said it will use the investment to fund a period of forecasted ...

Guildford-based Lime Microsystems is to seek crowd funding to take software-defined radio (SDR) small cell and carrier-class base-stations to market. The campaign, dubbed LimeNET, will launch on 27th April on Crowd Supply. The products it intends to create are: LimeNET Mini (pictured), an app-enabled, small cell base station aimed at residential SDR applications such as IoT. LimeNET, a more-powerful version for carrier-class ...

ARM has become one of the world’s most impressive technology success stories of the last 25 years, David Manners considers what its future may be under new ownership.

Renesas Electronics has agreed a deal to acquire Intersil for around $3.2bn.

Cambridge Medical Robotics is developing a medical robotics system which it claims can make surgery less invasive and open the way for universal keyhole techniques. The medical device firm started first clinical cadaveric trials last month and has now secured $20.3m venture funding to help commercialise its medical robotics technology. It also plans a recruitment programme. Investor, ABB, a global robotics ...

The proposed $32bn ARM takeover by Japanese firm SoftBank has caught the semiconductor market by surprise. Most observers believe that the processor IP which is the main ARM business was so important to so many chip makers that ARM’s independence was too strategically important to the market to be broken. As a result it was thought that its artificially high ...

Always wanting to be even-handed, we have been searching the electronics industry for someone who has presented an argument for Brexit. Last week, we published the pro-EU arguments from the president of the IET, but I have yet to find someone within the industry presenting the case for a vote for Brexit in June. Surely, there are good arguments both ...