NASDAQ:ADI

Analog Devices Reports Record Revenue for the Second Quarter Fiscal 2023

Retrieved on: 
Wednesday, May 24, 2023
Software, Technology, Hardware, Semiconductor, Maxim, Income tax, GAAP, Forecasting, Public expenditure, Net3, ET, Acquisition, Investment, Charge, ADI, Webcast, EPS, Maxim Integrated, News, Conference, Security (finance), Bank, Real estate

For the third quarter of fiscal 2023, we are forecasting revenue of $3.10 billion, +/- $100 million.

Key Points: 
  • For the third quarter of fiscal 2023, we are forecasting revenue of $3.10 billion, +/- $100 million.
  • Our third quarter fiscal 2023 outlook is based on current expectations and actual results may differ materially, as a result of, among other things, the important factors discussed at the end of this release.
  • The dividend will be paid on June 14, 2023 to all shareholders of record at the close of business on June 5, 2023.
  • Conference Call Scheduled for Today, Wednesday, May 24, 2023 at 10:00 am ET
    ADI will host a conference call to discuss our second quarter fiscal 2023 results and short-term outlook today, beginning at 10:00 am ET.

Analog Devices Announces CFO Transition

Retrieved on: 
Thursday, May 18, 2023
Software, Technology, Semiconductor, Other Technology, CFO, Growth, Analog Devices, Device, ADI, Management

Analog Devices, Inc. (Nasdaq: ADI) today announced that Prashanth Mahendra-Rajah, ADI’s Executive Vice President & Chief Financial Officer, has informed the company that, after six years leading the finance operation, he will step down from his position to explore other opportunities.

Key Points: 
  • Analog Devices, Inc. (Nasdaq: ADI) today announced that Prashanth Mahendra-Rajah, ADI’s Executive Vice President & Chief Financial Officer, has informed the company that, after six years leading the finance operation, he will step down from his position to explore other opportunities.
  • Prashanth will remain with ADI through the end of the fiscal year to ensure a seamless transition to new financial leadership.
  • I will always follow ADI with pride as it continues to drive technological breakthroughs for the betterment of society,” said ADI CFO Prashanth Mahendra-Rajah.
  • ADI has commenced a search to identify the company’s next CFO.

Analog Devices Announces Investment of €630 Million in Next Generation Semiconductor R&D and Manufacturing Facility in Limerick

Retrieved on: 
Monday, May 15, 2023
Technology, Hardware, Semiconductor, Irish government response to the COVID-19 pandemic, Partnership, Employment, Department of Enterprise, Trade and Employment, Interest, Civil service commission, European Research Area, University, Analog Devices, IDA, Research, Information, Government, Development, European Commission, Investment, Jeju Free International City Development Center, ADI, Ecosystem, Device, News, SME, Common, Renewable energy, Health care, Automotive industry, IDA Ireland, European

Analog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, today announced a new €630 million investment at its European regional headquarters in the Raheen Business Park in Limerick, Ireland.

Key Points: 
  • Analog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, today announced a new €630 million investment at its European regional headquarters in the Raheen Business Park in Limerick, Ireland.
  • The investment enables the construction of a new, state-of-the-art, 45,000 sq-ft Research & Development and manufacturing facility.
  • Today’s announcement comes a year after ADI announced a separate investment of €100 million in ADI Catalyst , its 100,000 sq-ft custom-built facility for innovation and collaboration at its Limerick campus.
  • This is a transformational investment for the Limerick site, for the Mid-West region, and for the semiconductor industry in Ireland.

Analog Devices, Inc. to Report Second Quarter Fiscal Year 2023 Financial Results on Wednesday, May 24, 2023

Retrieved on: 
Thursday, April 27, 2023
Software, Technology, Hardware, Semiconductor, FP&A, Analog Devices, Device, PIN, FP, Chair, ADI, Management, Security (finance), Finance

Analog Devices, Inc. (Nasdaq: ADI ) today announced it will release financial results for the second quarter fiscal year 2023 at 7:00 a.m. Eastern time on Wednesday, May 24, 2023.

Key Points: 
  • Analog Devices, Inc. (Nasdaq: ADI ) today announced it will release financial results for the second quarter fiscal year 2023 at 7:00 a.m. Eastern time on Wednesday, May 24, 2023.
  • Following the press release, the Company will host a conference call at 10:00 a.m. Eastern time, the same day.
  • Vincent Roche, Chief Executive Officer and Chair, Prashanth Mahendra-Rajah, Executive Vice President, Finance and Chief Financial Officer, and Michael Lucarelli, Vice President of Investor Relations and FP&A will discuss ADI’s results and business outlook.
  • Upon registering, you will be emailed a dial-in number, and unique PIN.

Analog Devices Appoints Alan Lee as Chief Technology Officer

Retrieved on: 
Monday, April 24, 2023
Technology, Semiconductor, IBM, Mathematics, GSA, AMD, University, Analog Devices, Semiconductor Industry Association, Semiconductor Research Corporation, Multimedia, SIA, Trustee, ADI, Intel, Artificial intelligence, Pure, Device, Intelligence, Software, Management, Information technology, Research

Analog Devices, Inc. (Nasdaq: ADI) today announced the appointment of Alan Lee to the position of Chief Technology Officer (CTO).

Key Points: 
  • Analog Devices, Inc. (Nasdaq: ADI) today announced the appointment of Alan Lee to the position of Chief Technology Officer (CTO).
  • In this role, Alan will identify and work to advance the next-generation technologies that will disrupt and shape the semiconductor industry and its markets.
  • View the full release here: https://www.businesswire.com/news/home/20230424005792/en/
    Analog Devices appoints Alan Lee as Chief Technology Officer (Photo: Business Wire)
    “Alan is a seasoned technology executive who will help accelerate our leadership at the Intelligent Edge by working to expand our next-generation analog, mixed signal, power, software, and artificial intelligence capabilities,” said ADI CEO and Chair Vincent Roche.
  • “I am delighted to join ADI and continue its legacy of technology leadership at the boundary between the physical and digital domains,” said Alan.

Inaugural PowerUP Asia Conference Highlights Latest Innovations in Asia's Power Electronics Industry

Retrieved on: 
Friday, April 21, 2023
NXP Semiconductors, EV, Exhibition, UTAC Group, Electronics, Infineon Technologies, EPC, GMI, Research, Carbon, Arrow Electronics, EVS, TW, WBG, STMicroelectronics, Growth, ASE Group, Analog Devices, News, Video game, Consumer electronics

To put the spotlight on the key players and the latest technologies and trends in the power electronics industry in Asia, AspenCore, the publisher of EETimes Asia, EETimes India, and EDN Asia, will hold the inaugural PowerUP Asia conference and virtual exhibition on May 24-26, 2023.

Key Points: 
  • To put the spotlight on the key players and the latest technologies and trends in the power electronics industry in Asia, AspenCore, the publisher of EETimes Asia, EETimes India, and EDN Asia, will hold the inaugural PowerUP Asia conference and virtual exhibition on May 24-26, 2023.
  • PowerUP Asia builds on the success of the established PowerUP Expo, a virtual conference and exhibition being held by Power Electronics News, a sister publication under AspenCore.
  • Focusing on this region, PowerUP Asia is a three-day virtual conference and exhibition highlighting the latest technology developments and trends in power electronics, including wide-bandgap (WBG) devices, power semiconductors, and related technologies.
  • With fairgrounds, an exhibition hall, and a conference space, PowerUP Asia functions similarly to a live exhibition and conference.

Analog Devices Accelerates Sustainability with Intelligent Solutions at embedded world 2023

Retrieved on: 
Friday, March 10, 2023
Software, Vehicle Technology, Networks, Other Energy, Hardware, Data Management, Energy, Technology, Automotive, Semiconductor, Other Manufacturing, Manufacturing, EV, Backlight, Machine learning, Multimedia, Intelligence, Building, ADI, Wireless, Transport, System integration, Analog Devices, CNN, Level 3, Fatherland Front (Austria), Digital health, Sustainable energy, ESS, Power, 3D printing, Medical device, Television, Automation, Automotive industry

Visit Analog Devices, Inc. (Nasdaq: ADI) at embedded world 2023 (Nuremberg/Germany, Hall 4A, Booth 360) from March 14-16 to see how our technology is enabling more intelligent systems in Industrial Automation, Intelligent Buildings, Automotive, Sustainable Energy, and Digital Healthcare applications.

Key Points: 
  • Visit Analog Devices, Inc. (Nasdaq: ADI) at embedded world 2023 (Nuremberg/Germany, Hall 4A, Booth 360) from March 14-16 to see how our technology is enabling more intelligent systems in Industrial Automation, Intelligent Buildings, Automotive, Sustainable Energy, and Digital Healthcare applications.
  • View the full release here: https://www.businesswire.com/news/home/20230310005102/en/
    Analog Devices accelerates sustainability with intelligent solutions at embedded world 2023.
  • (Graphic: Business Wire)
    Critical applications such as more sustainable industrial automation, smarter mobility, cleaner energy grid, and life-saving healthcare systems increasingly require more advanced, intelligent technology solutions.
  • ADI’s TMC4671 servo controller and AD8410A current sense amplifier together achieve better performance and efficiency in manufacturing processes.

Envision Energy Leverages MEMS Sensor Technology by Analog Devices to Build Smarter and Safer Wind Turbines

Retrieved on: 
Wednesday, March 8, 2023
Semiconductor, Other Energy, Utilities, Technology, Oil, Gas, Other Technology, Energy, ADI, Analog Devices, Accident, Vibration, Growth, IMU, Envision Energy, Multimedia, MEMS, Envision, Wind, Safety, Device, Instrumentation, Renewable energy

Analog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, today announced that Envision Energy, the subsidiary of Envision Group providing world-leading green technology, is adopting ADI's MEMS sensor technology in the company’s new generation of smart wind turbines.

Key Points: 
  • Analog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, today announced that Envision Energy, the subsidiary of Envision Group providing world-leading green technology, is adopting ADI's MEMS sensor technology in the company’s new generation of smart wind turbines.
  • View the full release here: https://www.businesswire.com/news/home/20230308005050/en/
    Envision Energy leverages MEMS sensor technology by Analog Devices to build smarter and safer wind turbines.
  • “We are pleased to work with ADI to add its predictive, precision, high-reliability MEMS sensors to our wind turbines.
  • This collaboration with Envision Energy supports the promotion of smart distributed wind turbines."

Reference Design Platform by Analog Devices Reduces Time to Market for Radio Designers

Retrieved on: 
Monday, February 27, 2023
Technology, Semiconductor, Cloud, Ecosystem, RF, ADI, DFE, FPGA, Communication, Silicon, MWC, Risk, Mobile World Congress, Radio, GM, Software, Mobile, Intel, UFC Fight Night: Mousasi vs. Hall 2, Connect, Analog Devices, DPD, Rus, Device, SOC, SVP, Multimedia, RU, Video game, Marketing, Radisys

Analog Devices, Inc. (Nasdaq: ADI) today announced it has launched a fully integrated open radio unit (O-RU) reference design platform that enables radio designers to reduce risk and time to market.

Key Points: 
  • Analog Devices, Inc. (Nasdaq: ADI) today announced it has launched a fully integrated open radio unit (O-RU) reference design platform that enables radio designers to reduce risk and time to market.
  • View the full release here: https://www.businesswire.com/news/home/20230227005005/en/
    Reference design platform by Analog Devices reduces time to market for radio designers.
  • The ADRV904x-RD O-RU reference design platform includes ADI’s fifth generation 8T8R RadioVerse® SoC with advanced digital front end including field proven digital pre-distortion (DPD).
  • “In the radio market, customers need the ability to build cutting edge systems that fit the dynamic standards we see today.

Analog Devices and Marvell Showcase Next-Generation 5G Massive MIMO Radio Unit Platform at Mobile World Congress 2023

Retrieved on: 
Thursday, February 23, 2023
5G, Software, Hardware, Data Management, Technology, Semiconductor, Other Technology, Security, Cloud, Congress, Digital channel election, Power distribution unit, RF, ADI, Senior, Fleet Radio Unit, Melbourne, Silicon, Communication, Mobile World Congress, Algorithm, Mobile, UFC Fight Night: Mousasi vs. Hall 2, Analog Devices, DPD, NES, PHY, Radio, Device, MIMO, Marvell Technology, Marvell, Multimedia, RU, L1, DU, Video game, Marketing

View the full release here: https://www.businesswire.com/news/home/20230223005331/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230223005331/en/
    Analog Devices and Marvell showcase next-generation 5G massive MIMO radio unit platform at Mobile World Congress 2023.
  • (Graphic: Business Wire)
    “As mMIMO radio functionality grows in complexity, more specialized silicon approaches are required,” said Alex Jinsung Choi, Chairman of the O-RAN ALLIANCE.
  • The platform enables Network Energy Savings (NES) modes, which deliver additional power savings.
  • The platform is on display at Mobile World Congress within ADI’s booth (Hall 2, 2B18) and Marvell’s booth (Hall 2, 2F34).