News
SAN JOSE -- Michael Moritz and Patrick Foley resigned
from the board of Flextronics International Ltd., effective Oct. 18, the company said.
The company named Lip-Bu Tan to its audit committee, in compliance with Nasdaq requirements.
The company named Lip-Bu Tan to its audit committee, in compliance with Nasdaq requirements.
VANCOUVER -- Nam Tai
Electronics on Monday reported
third-quarter flat net income of $18.8 million on sales of $207
million, up 50.6% year-over-year. The EMS company's sales are up 44.3%
year-to-date, although net income has dropped 65% to $38.6 million.
REDMOND, WA -- Data I/O Corp., a maker of manual and automated
device
programming systems, today announced third-quarter
net income of $127,000 on revenues of $6.6 million. For the quarter
ended Sept. 30, revenues were flat sequentially and incomes was up
140%.
Fourth quarter revenues are expected to increase significantly, the firm said.
Fourth quarter revenues are expected to increase significantly, the firm said.
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