ACES will Design Products with Spectra7's Low Power Analog GaugeChanger™ Chips
SAN JOSE, Calif. , June 22, 2022 /PRNewswire/ -- (TSXV:SEV) (OTCQB:SPVNF) Spectra7 Microsystems Inc. ("Spectra7" or the "Company"), a leading provider of high-performance analog semiconductor products for data centers, 5G infrastructure, virtual and augmented reality, and other connectivity markets, today announced that ACES Electronics Co., Ltd ("ACES"), a leading Taiwan -based connector and cable supplier, will offer Active Copper Cable (ACC) assemblies to Hyperscalers and OEM/ODMs that will include Spectra7's 56G PAM4 GC2502 GaugeChanger™ chips.
"Spectra7 has created an innovative and compelling solution to address the dramatically increasing power and cost of data center interconnects," said Mick Felton , Director of Engineering, ACES US. "We are seeing significant interest from our largest customers for both 200 and 400 Gbps ACCs with Spectra7's technology and are pleased to be working with Spectra7."
GaugeChanger™ is a unique analog redriver technology that allows copper to extend to much longer lengths without the cost and power penalty of optics or DSP based retimed copper solutions. Typical power savings of 700% to 1000% are achieved compared to these competing technologies. It works equally well at 25 Gbps NRZ, 50 Gbps PAM-4 and 100 Gbps PAM-4 enabling new connector standards of 100, 200, 400 and 800 Gbps.
"We are extremely proud to be working with ACES to broaden access to our ACC solutions using our innovative GaugeChanger™ technology," said Spectra7's CMO John Mitchell. "ACES is a well-known manufacturer of electronic connectors, supplying solutions across a global customer base for use in the Hyperscale, OEM and ODM interconnect markets."
Spectra7's GC2502 is in full production and is being deployed in volume now. ACES anticipates delivering cable sample to their customers for qualification in the second half of 2022.
ACES Electronics is a world leader in high precision electrical and electronic connectors, electro-mechanical assemblies, and specialty cable products in the diversified industry, including notebooks, peripherals for consumer electronics, handheld mobile communication devices, and automobiles electronics, cloud servers, industrial control industry. Products include precision connectors, micro coaxial cables, electronic cables, USB/IO connectors and cables, Type C connectors and cables, power connectors, card edge connectors, high-power connectors, high-speed connectors and cables, automobile electronic connectors and cables, wireless RF connectors and cables, stamping parts and other components. Aces designs, manufactures and assembles its products at the R&D and manufacturing facilities in Taiwan , China , the Philippines , Vietnam , and Japan . With 2021's annual revenue of over NT$10 billion , ACES has a diversified presence as a leader in high-growth areas of the interconnect market.
For more information, please visit http://www.acesconn.com/
Spectra7 Microsystems Inc. is a high-performance analog semiconductor company delivering unprecedented bandwidth, speed and resolution to enable disruptive industrial design for leading electronics manufacturers in data centers, virtual and augmented reality, and other connectivity markets. Spectra7 is based in San Jose, California with a design center in Cork, Ireland and technical support location in Dongguan, China . For more information, please visit www.spectra7.com.
Neither the TSX Venture Exchange nor its regulation services provided (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements contained in this press release constitute "forward-looking statements". All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding ACES's use of the Company's products in the future, the Company's strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words "believe", "expect", "aim", "intend", "plan", "continue", "will", "may", "would", "anticipate", "estimate", "forecast", "predict", "project", "seek", "should" or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company's expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company's annual information form for the year ended December 31, 2021 . Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.
For more information, please contact:
Matt Kreps /Jim Fanucchi Darrow Associates 214-597-8200 ir@spectra7.com
Spectra7 Microsystems Inc. Bonnie Tomei Chief Financial Officer 669-212-1089 ir@spectra7.com
Spectra7 Microsystems Inc. John Mitchell Public Relations 650-269-3043 pr@spectra7.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/spectra7-expands-availability-of-active-copper-cables-with-new-design-in-with-aces-to-deliver-200-and-400gbps-interconnects-for-data-center-markets-301572788.html
As we move toward the end of Q2, it’s time to start thinking about earnings. Looking back at the quarter, analysts are predicting earnings growth of 8%, which may rise to 11% heading into next year. It’s a rosy picture, but it’s also not a sure thing. GDP contracted in Q1, by nearly 1.5%, and some estimates are showing 0% growth in Q2. Such results would meet the technical definition of a recession – and recession is hardly the usual environment to find robust earnings growth. Looking at current
Nuclear submarine supplier to be sold to US buyer after diplomatic row Russian default expected within days Retail sales volumes down 0.5pc in May FTSE 100 rises strongly Ambrose Evans-Pritchard: The pro-Brussels establishment is painting Brexit as an economic disaster to reverse it Sign up here for our daily business briefing newsletter
At current levels, investors need a 7% to 8% return just to preserve their wealth.
Tesla plant near Shanghai is going to shut down temporarily, according to reports. On Wednesday, Reuters reported that Tesla (ticker: TSLA) will shut down production in China for a couple of weeks at the start of July to upgrade equipment. Tesla didn’t return a request for comment.
“Time is running out for cash-burning companies kept afloat with easy access to capital,” New Constructs CEO David Trainer said in a Thursday research note.
High-yield dividend stocks are a major component of my stock portfolio. Here are three income stocks that have room for solid gains in the next year and even better gains over the long run. The blue-chip business development company (BDC) Main Street Capital (NYSE: MAIN) has held up better than the S&P 500 index, which is down 21% so far this year.
(Bloomberg) -- Robinhood Markets Inc. faced a more dire situation during the height of last year’s meme-stock frenzy than executives at the online brokerage let on publicly, according to a report from top Democrats on a key congressional committee. Most Read from BloombergSupreme Court Overturns Roe, Transforming Abortion-Rights FightStocks Roar Back With Best Week in a Month: Markets WrapJustice Kavanaugh Says States May Not Bar Travel to Obtain an AbortionProtest Latest: NY, DC Marches Grow as
Shares of the specialty pharmaceutical company Bausch Health Companies (NYSE: BHC) are surging today in response to the news that Joseph Papa has resigned from the board of directors effective immediately. Over the past six years, Papa has been instrumental in lowering the company's sky-high debt and keeping it out of bankruptcy court. Bausch said in a statement Thursday evening that billionaire hedge fund manager John Paulson will fill the vacant board position.
Bitcoin bear markets aren't unusual. But cryptocurrencies have never faced such an aggressive Federal Reserve. Welcome to the crypto ice age.
When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.
Energy prices are high. But bargain-hunter Buffett continues to bet on big oil.
The drop is exciting some Berkshire investors because the stock now trades for 1.3 times Barron's estimate of its June 30 book value, compared with more than 1.5 times at its March high.
(Bloomberg) -- Shares of China’s electric-vehicle makers are trouncing global industry leader Tesla Inc., bolstered by Beijing’s consumption incentives and heavy dip-buying from investors.Most Read from BloombergSupreme Court Overturns Roe, Transforming Abortion-Rights FightStocks Roar Back With Best Week in a Month: Markets WrapJustice Kavanaugh Says States May Not Bar Travel to Obtain an AbortionProtest Latest: NY, DC Marches Grow as Justice’s Home TargetedJuul’s Vaping Products Are Ordered Of
Shares of Delta (NYSE: DAL), United Airlines (NASDAQ: UAL), and American Airlines (NASDAQ: AAL) each surged on Friday, up 5.2%, 6.8%, and 7%, respectively, as of 3:02 p.m. ET. There wasn't much in the way of company-specific news today, but virtually all economically sensitive stocks, like airlines, were surging higher today after recession fears had caused a big sell-off over the past week. Ever since the market got June inflation data, as well as results of the preliminary University of Michigan consumer-sentiment readings earlier this month, the market has taken another leg down.
Shares in the biggest U.S. banks rallied on Friday after they passed the Federal Reserve's annual health check, but Bank of America underperformed with test results implying it needs a larger-than-expected capital buffer, which could limit share buybacks and dividends. While the broader equity market also rallied on Friday, Wells Fargo & Co, up 7.5%, was the biggest gainer among the 34 lenders that underwent the Fed's so-called stress test, which measures how they would fare in a hypothetical severe economic downturn. The group would have roughly twice the capital required under Fed rules in the downturn scenario, it said.
High inflation could be here to stay. Make the necessary adjustments.
The market rally has picked up momentum. Here's what to do now. Enphase, Google are among nine stocks to watch.
DEEP DIVE Companies announce dividend increases all the time, but here’s one that points to a simple investing strategy that can lower your risk and make you a lot of money over the years. Maybe it isn’t so exciting on the surface: Kroger Co.
U.S. stock indexes moved more than 2% higher, as investors shifted their views about central bank policy after weak economic data.
Arrived Homes, the single-family real estate investment platform backed by Amazon.com Inc. (NASDAQ: AMZN) founder Jeff Bezos, is ramping up its acquisitions as demand from retail investors grows stronger for fractional real estate. In the past 30 days, the platform has fully funded approximately $11 million worth of rental properties, compared to $5 million for the entire first quarter of 2022. The number of investors using Arrived Homes has doubled in the last two months, making it difficult fo