News
REDMOND, WA – Data I/O reported third quarter net sales of $6.5 million, down 32.3% year-over-year and 9.7% sequentially. The year-over-year decline in sales is attributed to substantial demand in 2017, particularly for automotive electronics and programming center customers.
CAMBRIDGESHIRE, UK – Prima Electronics was purchased by NJ Russell Holdings, according to reports. Some £2.15 million ($2.8 million) will be used to fund the acquisition and boost cash flow.
FRAMINGHAM, MA – Smartphone vendors shipped 355.2 million units during the third quarter, resulting in a year-over-year decline of 6%, says International Data Corp. It was the fourth consecutive quarter of year-over-year declines for the global smartphone market.
