BEIJING – With the Olympics around the corner, Chinese authorities in Beijing have restricted the traffic flow of goods and materials in an approximate 200-mile ring around the city through Oct. 17. The transportation of dangerous goods (such as plating chemicals and other materials for assembling electronics) has likewise been restricted until Aug. 22in the Shanghai area.
REDMOND, WA – Data I/O Corp. reported second-quarter revenues increased 38% to $8 million, and net income rose to $1.2 million from a loss of $1.1 million last year.
Backlogs at the end of the second quarter rose to $2.5 million, up 67% sequentially.