Sunnyvale, CA -- Palm admitted last week that it has stopped shipping its Treo 650 phone to Europe because the devices do not comply with the EU’s RoHS restrictions that fell into place on July 1. This was the only Palm smart phone available in Europe.
The company decided nine months ago that it would not update the product to meet the regulations, according to an IDC report published in Macworld.
STAMFORD, CT -- Worldwide semiconductor capital equipment spending will rocket to new heights this year before falling to earth in 2007, Gartner said in a new report. The research firm said equipment sales were on pace to jump 24.8% this year, to $42.3 billion.
However, the firm forecasts a 4.5% drop in 2007 and then a rebound in 2008.
SIDNEY, NY -- Flooding hit a Amphenol manufacturing site in upstate New York and the company says it will take $15 million to $30 million in expenses in its second quarter as a result.
According to various reports, several feet of water deluged the Sidney plant, a 600,000 sq. ft. facility which builds aerospace and industrial connectors. The plant employs about 1,500 workers and generates a reported $150 million to $200 million per year.