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NEW YORK -- A Morgan Stanley analyst cuts her forecast for PC sales and shipments for 2009 and 2010, citing weak demand and price-undercutting by low-cost netbooks.

In a research note today, Kathryn Huberty forecast global PC revenues would drop 24% this year, more than double her earlier estimate of a 10% drop. Shipments will fall 11%, she wrote, and ASPs will drop 15%.

She also revised her 2010 forecast to a 3% revenue drop, from flat, despite 2% shipment growth.

Netbooks, Huberty says, are cannibalizing traditional notebook sales, taking a 20% share (22 million units) in 2009. Netbook production will rise 41% to 31 million units in 2010, she said. Netbooks are typically priced at no more than half the cost of a traditional notebook.


VELDHOVEN, NETHERLANDS -- Assembléon will continue to market and sell Yamaha's placement machines globally, extending the long-running partnership to 20 years. The latest deal broadens the agreement to give Assembléon global dealership for Yamaha machines outside Asia to include other assembly process equipment.
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LITTLETON, MABureau Veritas Consumer Products Services will relocate to a new facility here in late March.
 
The 60,000 sq. ft. test center is three times the size of its existing building, and reportedly the largest comparable electronics test laboratory in the eastern US.
 
It is outfitted with test equipment for assessing and certifying virtually all electronics, such as wireless devices, telecommunications equipment, computers, servers, laboratory instruments, medical devices and consumer electronics.
 
The company employs 60 workers in Littleton.
 
 

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