Richardson Electronics, Ltd.
Richardson Electronics, Ltd. is principally engaged in the provision of engineered solutions to the RF and wireless communications, industrial, power conversion and display systems markets. It offers solutions in terms of manufacturing, systems integration, prototype design and manufacture, testing and logistics. It also serves as a distributor of a range of electronic components. It operates business under three reportable segments such as RF, Microwave and Power Conversion Group (RFPD), Electron Device Group (EDG) and Display Systems Group (DSG). It has wide geographic operations in different countries including the US, Asia/Pacific, Europe and Latin America. It has a wide distribution network, which comprises 51 local sales offices and stocking locations across the world. The company is headquartered at Illinois, the US.The company reported revenues of (U.S. Dollars) USD 568.41 million during the fiscal year ended May 2008, an increase of 2.00% over 2007. The operating loss of the company was USD 1.26 million during the fiscal year 2008, as against an operating income of USD 5.30 million during 2007. The net loss of the company was USD 8.43 million during the fiscal year 2008, as against a net profit of USD 40.68 million during 2007.