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CONKLIN, NY – The drop in demand for placement machines has hit Universal Instruments, which laid off 45 workers Tuesday, according to published reports.

The cuts include full-time employees in manufacturing and engineering support. Earlier in the month, UIC and sister company Unovis let go small numbers of staff in marketing. The firm now employs about 400 in the Binghamton, NY, area, say published reports.

The company says it has no plans for more layoffs in Binghamton but will reduce headcount elsewhere. No further details are currently available.

TAIPEI -- Foxconn Electronics (the trade name of Hon Hai Precision Industry) reported October sales were up 29.1% year-over-year to $5.2 billion.

Sales were up 7.6% sequentially, the company said, on demand for networking and consumer electronics. PC sales were stable, the company said.

TAIPEI – Quanta Computer, Compal Electronics and Wistron all reported sequential revenue increases in October, while Inventec fell slightly, say published reports.

Quanta reported consolidated revenues of $2.24 billion for the month, up 19.3% sequentially, but down 1.3% year-over-year. The firm shipped four million notebooks in October.

Quanta's revenues for the first ten months were $20.18 billion, up 11.6% compared to the same period last year.

Compal reported a record consolidated revenues of $1.43 billion for October, up 2% compared to September, and up 2.13% compared to the same month last year.

The firm’s revenues from January to October were $11.1 billion.

Wistron said consolidated revenues for the month were $1.63 billion, also a record, up 7.4% sequentially. The company’s October revenues surged 64.83% year-over-year.

Inventec reported revenues of $1.17 billion, down 4.72% sequentially; however, with substantial notebook orders from Toshiba, combined revenues from January to October reached $8.62 billion, up 51.36% compared to the period last year.