Richardson Electronics (RELL) announced a global technology partner agreement with Nxbeam, a millimeter-wave fabless semiconductor company. Under this agreement, Richardson Electronics will partner with Nxbeam to supply customers with a range of high-power microwave MMICs, with frequencies ranging from 12.5 to 76 GHz and output power up to 46 dBm.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RELL:
- Richardson Electronics price target lowered to $11 from $12 at Northland
- Richardson Electronics Signals Steady Growth and Strategic Shift
- Balanced Risk/Reward Keeps Richardson Electronics at Hold Despite Revenue Beat and Backlog Uncertainty
- Richardson Electronics reports Q2 EPS (1c), consensus (2c)
- Richardson Electronics (RELL) Q2 Earnings Cheat Sheet
