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Technology / AI and automation


Microsemi Corp, the Santa Ana, California-based supplier of power semiconductors and custom electronics assemblies for telecommunications, space and defense applications, has reported fourth quarter net profits up 49.4% at $3.7m on revenue up 5.8% at $44.2m; net profits for the year to September 28 were up 36.4% at $11.1m on revenue that rose 3.7% to $157.4m. Net earnings per share increased by 41.7% to $0.34 in the quarter, and were 28.8% higher to $1.03 in the year.

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CBR Staff Writer

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