Richardson Electronics Ltd (NASDAQ:RELL)

Richardson Electronics Ltd. provides engineered solutions and distributes electronic products. It is a provider of engineered solutions, power grid and microwave tubes and related components, and customized display solutions, serving customers in the alternative energy, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. It provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair. The company operates through two segments: Electron Device Group & Canvys segment. The Electron Device Group segment provides engineered solutions and distributes electronic components to customers in alternative energy, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. EDG focuses on various applications including broadcast transmission, CO laser cutting, diagnostic imaging, dielectric and induction heating, high energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology. The Canvys segment provides global customized display solutions serving the corporate enterprise, financial, healthcare, industrial, and medical original equipment manufacturer markets. The company was founded on May 31, 1947 and is headquartered in LaFox, IL.