News
MILPITAS -- Top tier electronics manufacturing services provider Solectron reported November quarter sales of $2.99 billion, up 22% from the same quarter 2005. In its 10Q form, Solectron said its gross profit was up 10% to $149.4 million, while income from continuing operations fell sharply to $6.6 million from $20.2 million a year ago.
QINGDAO, CHINA -- Home appliance manufacturer Haier Group, one of China's largest OEMs, will purchase PC maker Founder Group, a deal that will make Haier the second-largest seller of PCs in China.
Founder reported sales of 7.39 billion yuan (roughly $92 million) in 2005. Haier had sales of 103.4 billion ($12.9 billion) yuan.
FRAMINGHAM, MA -- Taiwan's IT sales will hit $6.7 billion in 2007, International Data Corp.'s Taiwan branch forecasts.
The firm predicts sales of IT hardware, software and services in Taiwan next year will grow 2.8% from 2006.
The firm predicts sales of IT hardware, software and services in Taiwan next year will grow 2.8% from 2006.
Press Releases
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