News
WYLIE, TX -- Global Innovation, a maker of bare boards and assemblies, reported April quarter revenues of $8.3 million, up 9.2% year-over-year. Net income for the company's fiscal third quarter was flat at $186,594.
Gross profit rose 3.1% to $1.7 million, while gross margins dropped 2.7 points to 19.1%.
Gross profit rose 3.1% to $1.7 million, while gross margins dropped 2.7 points to 19.1%.
WASHINGTON -- The chief executive of Cirrus Electronics has been sentenced to 35 months in jail after pleading guilty to illegally exporting electronics components used in missiles to India.
In return for pleading to exporting the components to Indian government entities, guilty, Parthasarathy Sudarshan will also pay a $60,000 fine. The components are used in ballistic missile guidance systems.
In return for pleading to exporting the components to Indian government entities, guilty, Parthasarathy Sudarshan will also pay a $60,000 fine. The components are used in ballistic missile guidance systems.
WASHINGTON — Retail sales of consumer electronics and appliances rose 3% year-over-year in the May quarter, up from 1.5%
sequentially, according to the US Census Bureau.
Furthermore, North American TV shipments rose 4% during the first quarter, says research firm DisplaySearch, with LCD shipments leading the way, rising 110%.
Furthermore, North American TV shipments rose 4% during the first quarter, says research firm DisplaySearch, with LCD shipments leading the way, rising 110%.
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