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Allegro MicroSystems Announces Sale of Thailand Manufacturing Facility

Allegro MicroSystems Announces Sale of Thailand Manufacturing Facility Sale Demonstrates Continued Execution on Gross Margin Expansion Plan March 04, 2021 08:05 ET | Source: Allegro MicroSystems, Inc. Allegro MicroSystems, Inc. Manchester, New Hampshire, UNITED STATES MANCHESTER, N.H., March 04, 2021 (GLOBE NEWSWIRE) Allegro MicroSystems, Inc. (“Allegro”), a global leader in sensing and power semiconductor technology, today announced that it has entered into a definitive agreement to sell its manufacturing facility in Thailand (“AMTC”) to an undisclosed third party. The AMTC purchase price is approximately $30 million before fees and expenses. This sale is an important milestone in the execution of Allegro’s manufacturing transformation to streamline back-end operations and enhance gross margin.

Katherine blyeExchange commissionAllegro microsystems incRavi vigChief executivePrivate securities litigation reform actNasdaq algmAllegro microsystemsCorporate announcementStock market newsபரிமாற்றம் தரகுஅலெக்ரோ மைக்ரோசிஸ்டம்ஸ் இன்க்ரவி விக்தலைமை நிர்வாகிப்ரைவேட் பத்திரங்கள் வழக்கு சீர்திருத்தம் நாடகம்அலெக்ரோ மைக்ரோசிஸ்டம்ஸ்

(ALGM) - Allegro Microsystems To Divest Thailand Manufacturing Facility For $30M

(ALGM) - Allegro Microsystems To Divest Thailand Manufacturing Facility For $30M
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Allegro microsystems incஅலெக்ரோ மைக்ரோசிஸ்டம்ஸ் இன்க்

Allegro MicroSystems Announces Sale of Thailand Manufacturing Facility

Allegro MicroSystems Announces Sale of Thailand Manufacturing Facility
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Katherine blyeExchange commissionAllegro microsystems incRavi vigChief executivePrivate securities litigation reform actபரிமாற்றம் தரகுஅலெக்ரோ மைக்ரோசிஸ்டம்ஸ் இன்க்ரவி விக்தலைமை நிர்வாகிப்ரைவேட் பத்திரங்கள் வழக்கு சீர்திருத்தம் நாடகம்

Magnetic Sensors Market Growth Prediction, Consumption & Demand 2026| Keyplayers : Allegro Microsystems, Inc , Alps Electric Co , Ltd, Asahi Kasei Microdevices Corporation, AMS AG – KSU

pmrFebruary 25, 2021 “Global Magnetic Sensors Market Research Report” provides information on several market conditions, such as potential growth drivers, market opportunities, and the latest developments in the global market. This research will help current and new aspirants in the Magnetic Sensors market to identify and study market dynamics, market size and competition. The report analyzes the value of the Magnetic Sensors market, historical pricing structure and volume trends, so that it is easy to predict growth momentum and accurately estimate the upcoming opportunities in the Magnetic Sensors market. The report covers the main industry drivers. In addition to the competitive architecture in this field, it also provides an accurate analysis of the main growth trends and market prospects in the next few years. The research report also provides a clearer understanding of market trends for all manufacturers and investors.

United statesNew zealandCrocus technologyPolaris market researchAsahi kasei microdevices corporationAlps electric co ltdElmos semiconductorGlobal magnetic sensors market researchAllegro microsystems incBaumer ltdMelexis corporationResearch findingsMethodology researchMemsic corporationHoneywell international incMagnetic sensors corporation

Is Allegro MicroSystems (ALGM) Stock a Buy For 2021?

Is Allegro MicroSystems (ALGM) Stock a Buy For 2021? Baron Discovery Fund recently published its fourth-quarter commentary – a copy of which can be downloaded here. During the fourth quarter of 2020, the Baron Discovery Fund returned 25.54% (institutional shares). This was 4.07% lower than the Russell 2000 Growth Index, the Fund’s primary benchmark index. You should check out Baron Discovery Fund’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021. In the Q4 2020 Investor Letter, Baron Discovery Fund highlighted a few stocks and Allegro Microsystems Inc. (NASDAQ:ALGM) is one of them. Allegro Microsystems Inc. (NASDAQ:ALGM) develops advanced semiconductor devices. In the last three months, Allegro Microsystems Inc. (NASDAQ:ALGM) stock gained 49% and on February 1st it had a closing price of $30.36. Here is what Baron Discovery Fund said:

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