Sinan Altug News Today

We are pleased to advise that Rakon released its financial results for the twelve months ended 31 March 2024 on Wednesday 29 May 2024. The Results Announcement...

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Rakon has reported a weak first half and warned that the rest of its year could be worse than forecast in July. Net profit fell 97 per cent to $500,000 and...

We are pleased to advise that Rakon released its financial results for the six months ended 30 September 2023 on Thursday, 23 November 2023. The Results...

New platforms first products offer best-in-class ultra-low jitter of less than 50 femtoseconds @80 MHz. Global frequency control and timing device manufacturer,...

Hell Pizza chief executive Ben Cumming will step down from his role at the end of the year. Cumming took to LinkedIn to announce he’d made the “extremely...

A GPS component manufacturer watches with bated breath as India's third lunar mission prepares to land on the moon's south pole.

CEO argues slowdown is temporary.

“The new facility represents an important milestone for our company and will future-proof our India operations. It is one of the world’s largest and most sophisticated manufacturing sites for advanced frequency control and timing solutions and a symbol of Rakon’s long-term commitment to growing and investing in our operations here in India,” said Rakon CEO Sinan Altug.

However, inflationary pressures and increased investment have seen the computer chip maker post a lower full year profit.