TDK Corporation ("TDK") announces an all cash public tender offer for all publicly held registered shares of Micronas Semiconductor Holding AG ("Micronas") for a price of CHF 7.50 per share.
In the first nine months of 2015 Micronas Group posted consolidated net sales of CHF 102.0 million. Owing to the removal of the minimum Swiss franc exchange rate against the euro, this was 14.7 percent lower than the figure for the first nine months of 2014. After adjusting for exchange rates (calculated in euros), sales were 1 percent down on the prior-year period.
On Tuesday, 1 September, Micronas welcomed Regional Government Commissioner Bärbel Schäfer at the company’s operative headquarters in Freiburg’s industrial area Nord.
As communicated in April, the removal of the floor from the Swiss franc/euro exchange rate reduced the final figures in the income statement and balance sheet.
In the first quarter of 2015 income statement and balance sheet figures were pushed lower by their conversion into the Group's currency of account, the Swiss franc, owing to the removal of the minimum exchange rate between the euro and the franc.
The i+e in Freiburg is the largest industrial fair in southwest Germany for the electrical and electronics industries, machinery, metal processing, information technology, plastic and industrial services.
Micronas (SIX Swiss Exchange: MASN) announced today that its Board of Directors will propose to the next ordinary Shareholders’ Meeting to elect Stefanie Kahle-Galonske to the Board.
SPS IPC Drives is the exhibition for electric automation technology. It covers all components down to complete systems and integrated automation solutions.
electronica India is India’s and South-Asia’s leading fair for electronic components, systems and applications. One important pillar to the trade fair is the communication platform for the electronics industry. Each year international decision makers get together discussing latest topics on the market.
The worldwide automotive market performed well in the first half of 2014. Micronas, with its innovative Hall sensor and embedded controller products, benefited from the overall growth in sales and beat the revenue estimate it announced in April.
Freiburg's Lord Mayor Dr. Dieter Salomon and Micronas' CEO Matthias Bopp joined hands to start the combined heat and power unit with power-heat-cryo cogeneration at the Freiburg location
From Sensors to Evaluation: The international Measurement Fair SENSOR+TEST comes up with comprehensive overview of system expertise for measuring, testing, and monitoring tasks in all industries. Micronas must not be missing here.
Micronas announced today that Günter Hoppe, the CFO of Micronas, will retire as planned as at November 1, 2014. His successor, Daniel Wäger, will take office until November 1, 2014.
Micronas Group's consolidated net sales went up in the first quarter of 2014 by 7.4 percent to CHF 40.2 million despite the continuing weakness of the yen. The Automotive segment saw sales improve on Q4 2013 by 4.9 percent to CHF 37.3 million, while the Industrial segment posted sales growth of 54.7 percent to CHF 2.9 million.
