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QuickLogic Inks New Distribution Agreement With Spur Microwave
(RTTNews) - QuickLogic Corp. (QUIK) announced Tuesday a new distribution agreement with Spur Microwave Inc. that will significantly strengthen QuickLogic's presence and support for customers across the growing India market.
Spur India is a prominent electronics distributor providing services and solutions for space, avionics, and other harsh environment applications where reliability is critical.
Spur Microwave will now offer QuickLogic's innovative semiconductor products, including FPGAs and eFPGA Hard IP, throughout India. This strategic alliance, effective immediately, is set to enhance the availability of QuickLogic's semiconductor solutions in key markets across India.
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QuickLogic Awarded $6.9 Mln Base Contract To Develop Technologies For DoD Requirements
Fabless semiconductor company QuickLogic Corp. (QUIK) announced Thursday it has been awarded a $6.9 million Base Contract, beginning this month, to develop and demonstrate Strategic Radiation Hardened (SRH), high reliability Field Programmable Gate Array (FPGA) technology to support identified and future Department of Defense (DoD) strategic and space system requirements.
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Japan Household Spending Slumps 5.2% In June
The average of household spending in Japan was down a seasonally adjusted 5.2 percent on month in June, the Ministry of Internal Affairs and Communications aid on Friday - coming in at 316,085 yen.
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Malaysia Stock Market May Be Stuck In Neutral On Friday
The Malaysia stock market has moved higher in three straight sessions, collecting more than 20 points or 1.5 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,550-point plateau although it's due for consolidation on Friday.
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Win Streak May End For Japan Stock Market
The Japan stock market has moved higher in three consecutive sessions, advancing more than 760 points or 1.9 percent along the way. The Nikkei 225 now sits just shy of the 41,060-point plateau although it may spin its wheels on Friday.
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South Korea Shares May Run Out Of Steam On Friday
The South Korea stock market has moved higher in four straight sessions, advancing almost 110 points or 3.6 percent along the way. The KOSPI now sits just above the 3,225-point plateau although the rally may stall on Friday.
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Japan Data On Tap For Friday
Japan will release a batch of data on Friday, headlining a modest day for Asia-Pacific economic activity. On tap are June figures for household spending and current account and July numbers for bank lending and the eco watchers survey.
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U.S. Dollar Rises As Waller Emerges As Potential Fed Chair Successor
The U.S. dollar climbed against its most major counterparts in the New York session on Thursday, as Federal Reserve governor Christopher Waller emerged as a top candidate to replace Chair Jerome Powell.
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U.S. Wholesale Inventories Inch Up Less Than Expected In June
Wholesale inventories in the U.S. crept up by less than expected in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said wholesale inventories inched up by 0.1 percent in June after falling by 0.3 percent in May. Economists had expected wholesale inventories to rise by 0.2 percent, in line with the preliminary estimate.
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