News
LONGFORD, IRELAND – Kimball Electronics will shift manufacturing from its plant here to Poland and layoff 66 workers, the company said.
PASADENA, CA – Search engine firm SupplyFrame has introduced an index to measure online demand by engineers for technical information on electronics components.
The SupplyFrame Index (SFI) ranks the activity of the Top 20 component manufacturers. The index "factors search and download activity collected across the major search engines on millions of components," said Jeff Curie, VP of marketing at SupplyFrame.
First-quarter SFI is available at http://content.supplyframe.com/SFI20.html.
The SupplyFrame Index (SFI) ranks the activity of the Top 20 component manufacturers. The index "factors search and download activity collected across the major search engines on millions of components," said Jeff Curie, VP of marketing at SupplyFrame.
First-quarter SFI is available at http://content.supplyframe.com/SFI20.html.
AMSTERDAM – Royal Philips Electronics’ first-quarter profit was $420 million, down 28% year-over-year, the company reported today. Net income fell 75% year-over-year to $344 million.
Overall sales were $9.46 billion, up slightly from a year ago.
First-quarter revenue last year had benefited from a $1.2 billion addition from the partial sale of the company’s stake in Taiwan Semiconductor Manufacturing Corp.
Profit for the consumer lifestyle division, including music players and TVs, was $122 million, down 45% compared to first quarter last year; sales fell 5% to $4.2 billion.
Philips is Europe’s largest consumer electronics company.
Overall sales were $9.46 billion, up slightly from a year ago.
First-quarter revenue last year had benefited from a $1.2 billion addition from the partial sale of the company’s stake in Taiwan Semiconductor Manufacturing Corp.
Profit for the consumer lifestyle division, including music players and TVs, was $122 million, down 45% compared to first quarter last year; sales fell 5% to $4.2 billion.
Philips is Europe’s largest consumer electronics company.
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