News
SAN JOSE, CA – Worldwide sales will surpass $321 billion in 2010 with a CAGR of 7.7% for the period between 2007 and 2010, the Semiconductor Industry Association today reported in its annual forecast of global semiconductor sales.
EL SEGUNDO, CA – Pricing has become the paramount concern for television makers, as the growing emphasis on achieving the lowest possible cost has brought wrenching changes to the competitive landscape and manufacturing structure of the business, says iSuppli Corp.
HONG KONG – Surface Mount Technology (Holdings) LTD. reported second-quarter revenue of HK $758,436, up 7% year-over-year.
Year-to-date revenue, ended Sept. 30, was HK $1.58 million, up 11.5% compared to the same period in 2006.
Gross profit for the second quarter was HK $108,773, an increase of 4.7% year-over-year, while gross profit in the first half of the year was HK $214,599, up 3.9%, the company said.
SMT said the growth in gross profit is lower than revenue growth mainly as a result of higher cost of sales resulting from higher raw material prices, wages, energy cost and depreciation charges.
US $1 = HK $7.7851
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