News
SALT LAKE CITY -- CirTran Corp., a small contract manufacturer, projected its first-ever annual profit for fiscal 2005 on revenues of about $13 million, a jump of 45%.
SAN JOSE – January sales of semiconductors rose 7% year-over-year to $19.7 billion globally, the Semiconductor Industry Association reported today. January sales were off 1.5% from December, bettering the historical seasonal drop of 2.2%.
“The new year got off to a good start for the global semiconductor industry with strong year-on-year growth in a historically weak month,” said SIA president George Scalise. “Retail sales, including consumer electronics products, were relatively strong in January and helped dampen the expected seasonal decline in sales.
"There are no excess inventories, end market demand remains strong and capacity utilization rates are very high," he said.
“The new year got off to a good start for the global semiconductor industry with strong year-on-year growth in a historically weak month,” said SIA president George Scalise. “Retail sales, including consumer electronics products, were relatively strong in January and helped dampen the expected seasonal decline in sales.
"There are no excess inventories, end market demand remains strong and capacity utilization rates are very high," he said.
WASHINGTON -- New orders for manufactured durable goods in January fell 10.2% to $207.2 billion, the U.S. Census Bureau announced today. The decrease follows three consecutive monthly increases, including 2.5% in December.
Shipments also fell after three straight monthly increases, declining 1.3% to $219.7 billion.
January is typically a slower period as consumer spending eases following the holiday period.
Shipments also fell after three straight monthly increases, declining 1.3% to $219.7 billion.
January is typically a slower period as consumer spending eases following the holiday period.
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