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Stock impact report

Allegro MicroSystems Introduces Advanced Magnetic and Inductive Position Sensing Solutions at Electronica 2024

Allegro MicroSystems, Inc. (ALGM) 
Company Research Source: GlobeNewswire
MANCHESTER, N.H., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy efficient systems, today at Electronica 2024, introduced its new inductive position sensors and a series of micropower magnetic switches and latches. These advanced sensing products lower system costs, extend battery life and offer reliable performance across a variety of automotive, industrial and consumer applications.   The new micropower magnetic switches and latches, APS11753 and APS12753, redefine position sensing with higher sensitivity options for enhanced air gap tolerance, and ultra-low power consumption using 50% less power than our existing micropower products. This makes them perfectly suited for challenging battery-powered applications in medical, consumer and industrial markets.  "We are excited to announce our latest inductive position sensors as we continue to drive innovation in sen Show less Read more
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