News in brief: TriQuint, Anadigics, Sony Ericsson
TriQuint Semiconductor has announced that Glen Riley has been appointed to be the position of Vice President and General Manager leading the new TriQuint Optoelectronics business based in Breinigsville, Penn.
TriQuint Optoelectronics, a new business unit resulting from the recent acquisition from Agere Systems, includes operations in Pennsylvania and Matamoros, Mexico, supplying various active and passive optical devices including lasers, receivers, amplifiers, transceivers, transponders, and MEMS. The business has approximately 340 employees.
Glen Riley was formerly the president and CEO of Opticalis, Inc., an optical subsystem startup company, and has previously worked at Agere Systems, Lucent Technologies, Philips Semiconductors, AT&T Microelectronics, and Texas Instruments in general management, sales, and marketing positions.
Anadigics develops Taiwan distribution center
Anadigics has developed an Asian distribution center through its partnership with Taiwan-based Universal Communications Technology Inc (Ucomm). This will enable Anadigics to reduce cycle times by minimizing handling and transportation time and expenses, creating a more efficient product flow to its growing Asian customer base.
The announcement follows just a year after Anadigics agreement with Ucomm for the offshore outsourcing of its production RF testing operations. Ucomm has also recently opened a new testing and assembly plant in China, which could offer Anadigics an even greater Asian presence.
Sony and Ericsson invest in phone JV
Sony and Ericsson are each to invest an additional 150 million euros ($162 million) into their mobile phone joint venture. The cash injection into Sony Ericsson Mobile Communications is aimed at improving the financial health of the loss-making venture, which shipped 7.1 million handsets in the December 2002 quarter.
Sony Ericsson forecasts that global handset sales will be approximately 435 million units during 2003, representing year-on-year growth of about 10 percent.
