May 2009

NVE reported their 4Q results today. Total revenue for the fourth quarter of fiscal 2009 increased 14% to $6.90 million. Net income for the fourth quarter of fiscal 2009 increased 38% to $3.11 million.

NVE also signed a 3-year supply agreement with Phonak AG, a hearding aid producer.

A material just six atoms thick in which electrons appear to be guided by conflicting laws of physics depending on their direction of travel has been discovered by a team of physicists at the University of California, Davis. Working with computational models, the team has found that the electrons in a thin layer of vanadium dioxide sandwiched between insulating sheets of titanium dioxide exhibit one set of properties when moving in forward-backward directions, and another set when moving left to right.

With its unique properties, the material could open up a new world of possibilities in the emerging field of spintronics technology, which takes advantage of the magnetic as well as the electric properties of electrons in the design of novel electronic devices.