Alpha & Omega Semiconductor Announced Resolution with the Department of Commerce's Bureau of Industry and Security
Over the years, AOS has consistently demonstrated its commitment to complying with all applicable regulatory requirements, including export control regulations, and has significantly strengthened its procedures and policies to ensure ongoing compliance. AOS believes that the company's core values and culture of compliance will continue to support its strategic efforts to grow the customer base and expand product offerings.
About Alpha and Omega Semiconductor
Alpha and Omega Semiconductor Limited, or AOS, is a designer, developer, and global supplier of a broad range of discrete power devices, wide bandgap power devices, power management ICs, and modules, including a wide portfolio of Power MOSFET, SiC, IGBT, IPM, TVS, HV Gate Drivers, Power IC, and Digital Power products. AOS has developed extensive intellectual property and technical knowledge that encompasses the latest advancements in the power semiconductor industry, which enables us to introduce innovative products to address the increasingly complex power requirements of advanced electronics. AOS differentiates itself by integrating its Discrete and IC semiconductor process technology, product design, and advanced packaging know-how to develop high-performance power management solutions. AOS' portfolio of products targets high-volume applications, including personal computers, graphics cards, datacenters, AI servers, smartphones, consumer and industrial motor controls, TVs, lightings, automotive electronics, and power supply units for various equipment. For more information, please visit www.aosmd.com.
Forward-Looking Statements
This press release contains forward-looking statements that are based on current expectations, estimates, forecasts and projections of future performance based on management's judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, without limitation, statements regarding impact of compliance process on AOS's business. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These factors include, but are not limited to, the state of semiconductor industry and seasonality of our markets; decline of PC markets; our lack of control over the joint venture in China; difficulties and challenges in executing our diversification strategy into different market segments; ordering pattern from distributors and seasonality; changes in regulatory environment, including tariff and trade policies; our ability to introduce or develop new and enhanced products that achieve market acceptance; government policies on our business operations in China; the actual product performance in volume production; the quality and reliability of our product, our ability to achieve design wins; the general business and economic conditions; our ability to maintain factory utilization at a desirable level; and other risks as described in our SEC filings, including our Annual Report on Form 10-K for the fiscal year ended June 30, 2024 filed by AOS with the SEC and other periodic reports we filed with the SEC. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and AOS undertakes no duty to update such information, except as required under applicable law.
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Business Wire
an hour ago
- Business Wire
European production of Polestar 7 confirmed in Kosice, Slovakia
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Michael Lohscheller, Polestar CEO, says: 'Working with Volvo Cars to develop and manufacture Polestar 7 in Europe is a unique opportunity that will strengthen our position in our home market. Our strategy of utilising Group architectures as the base for our future model line-up gives us access to the best, latest technologies, in a cost-efficient manner. With a design and sporty driving characteristics that are instantly recognisable, Polestar 7 will set new standards in the premium compact SUV segment.' Håkan Samuelsson, Volvo Cars President and CEO, says: 'Our collaboration with Polestar on the development and manufacturing of the Polestar 7 underscores how Volvo Cars and Polestar continue to leverage synergies to efficiently deliver outstanding vehicles built for our distinct customer segments.' Construction started on the Volvo Cars factory in Kosice in 2023. The location of the factory offers good logistical connections to European markets and a developed supplier base. About Polestar Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 28 markets globally across North America, Europe and Asia Pacific. Polestar has three models in its line-up: Polestar 2, Polestar 3, and Polestar 4. Planned models include the Polestar 5 four-door GT (to be introduced in 2025), the Polestar 6 roadster and the Polestar 7 compact SUV. With its vehicles currently manufactured on two continents, North America and Asia, Polestar plans to diversify its manufacturing footprint further, with production of Polestar 7 planned in Europe. Polestar has an unwavering commitment to sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold and become climate-neutral across its value chain by 2040. Polestar's comprehensive sustainability strategy covers the four areas of Climate, Transparency, Circularity, and Inclusion. Forward looking statements Certain statements in this press release ('Press Release') may be considered 'forward-looking statements' as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or the future financial or operating performance of Polestar including the number of vehicle deliveries and gross margin. For example, projections of revenue, volumes, margins, cash flow break-even and other financial or operating metrics and statements regarding expectations of future needs for funding and plans related thereto are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as 'may', 'should', 'expect', 'intend', 'will', 'estimate', 'anticipate', 'believe', 'predict', 'potential', 'forecast', 'plan', 'seek', 'future', 'propose' or 'continue', or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Polestar and its management, as the case may be, are inherently uncertain. 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- Yahoo
Stocks Settled Mixed as Higher Bond Yields Weigh on Sentiment
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Business Wire
an hour ago
- Business Wire
Tanium Achieves ANSSI-CSPN Certification
PARIS--(BUSINESS WIRE)--Tanium, a leader in Autonomous Endpoint Management (AEM), today announced that it received the Certification de Sécurité de Premier Niveau (CSPN) from L'Agence nationale de la sécurité des systèmes d'information (ANSSI), France's national cybersecurity authority. This certification, in the 'Security Administration and Supervision' category, confirms that the Tanium on-premises platform meets France's robust and rigorous cybersecurity standards. After a comprehensive security evaluation by an accredited third-party assessor, Tanium received the ANSSI CSPN certification (ANSSI-CSPN-2025/04) for its on-premises platform. The certification was undertaken in response to growing market demand and is part of Tanium's broader strategy to align with European regulatory frameworks. It is valid for three years. 'Achieving CSPN certification is a critical step in our mission to support European organisations with trusted, secure technology,' said Jerome Warot, Area Vice President of Solution Engineering at Tanium. 'As cyber threats grow more sophisticated, it's essential that our customers in France, and across Europe, can rely on solutions that meet the highest standards. This certification underscores our commitment to delivering real-time visibility and control to complex IT environments around the world.' Through the CSPN-BSZ mutual recognition agreement between ANSSI and Germany's Bundesamt für Sicherheit in der Informationstechnik (BSI), the validity of the certification extends to Germany and further enhances Tanium's position as a trusted technology vendor in Europe. 'This certification is a testament to Tanium's long-term investment in France,' said Dagobert Levy, Vice President, EMEA South at Tanium. 'We are proud to contribute to the strengthening of France's cybersecurity ecosystem and to provide our customers with a platform that meets the highest standards of certainty, trust and resilience.' To learn more about Tanium's security certifications and how Tanium AEM supports European organisations, visit: About Tanium Tanium Autonomous Endpoint Management (AEM) offers the most comprehensive solution for intelligently managing endpoints across industries, providing capabilities for asset discovery and inventory, vulnerability management, endpoint management, incident response, risk and compliance, and digital employee experience. The platform supports 34 million endpoints worldwide, including 40% of the Fortune 100, delivering increasingly efficient operations and an improved security posture at scale, with confidence, and in real-time. For more information on The Power of Certainty™, visit and follow us on LinkedIn and X. Legal Disclaimer The information described herein is for general informational purposes only. This information is not a commitment, warranty, offer, promise, or legal obligation for us to deliver any future products, features, or functionality, and is not intended to be, and shall not be deemed to be, incorporated into any contract. The actual timing of any product, feature, or functionality that is ultimately made available may be different from what is described.
