Press release content from Business Wire. The AP news staff was not involved in its creation.
Power Integrations Names Sunny Gupta Vice President of Operations
February 2, 2021 GMT
SAN JOSE, Calif. (BUSINESS WIRE) Feb 2, 2021
Power Integrations (Nasdaq: POWI ), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced that Sunny Gupta has been named the company’s vice president of operations. Mr. Gupta will lead the company’s global supply-chain, procurement and logistics functions as well as its packaging, product and test-engineering efforts. He replaces Raja Petrakian, who has served in the role since 2015.
ADVERTISEMENT
Mr. Gupta has more than 25 years of experience in the semiconductor industry focused on operations management and quality engineering. Most recently, he served as VP of operations at Renesas Corporation, a supplier of power and mixed-signal semiconductor products. Previously, he served in a succession of roles
Company s 52-week low was at $50.34
Price action over last quarter: Up 47.65%
Company Profile
Power Integrations Inc is a provider of analog and mixed-signal semiconductor solutions to original equipment manufacturers and distributors. These solutions are found in mobile phones, computers, entertainment and networking equipment, appliances, industrial controls, and light-emitting diodes. The firm s portfolio of products includes power-conversion products, insulated-gate bipolar transistors, and switches. Roughly half of the firm s revenue is generated in China and Hong Kong, and the rest comes from Taiwan, Korea, Europe, Japan, the United States, and other countries across the world.
Is ASGN A Good Stock To Buy Now According To Hedge Funds?
How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of capital and have to conduct due diligence while choosing their next pick. They don’t always get it right, but, on average, their stock picks historically generated strong returns after adjusting for known risk factors. With this in mind, let’s take a look at the recent hedge fund activity surrounding ASGN Incorporated (NYSE:ASGN).