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JASPER, IN – Kimball International today reported net sales of $282.3 million and net income of $6.3 million for its fiscal third quarter ended March 31.
Sales for the quarter were up 5% year-over-year, while net earnings were up 54%.

SHENZHEN – First-quarter DRAM revenue grew 6.9% sequentially to $9.3 billion, and higher demand is fueling shortage fears, says DRAMeXchange.

Market leader Samsung recorded $3 billion in revenue, up 9.1% sequentially. Samsung’s share slightly increased 0.6% to 32.3%. Hynix’s DRAM sales rose 6.8% to nearly $2 billion, followed by Elpida at $1.6 billion, down 3.7% sequentially.

Benefitting from price and a 17% sequential shipment enhancement, Micron recorded $1.3 billion in revenue, up 24% compared to the fourth quarter.

PSC’s revenue grew 8.3% to $442 million. PSC surpassed Nanya for the No.5 spot. Nanya recorded $425 million in revenue, down 14.4% sequentially.

Winbond announced first-quarter DRAM revenue of $174 million, up 4.8% sequentially, while ProMOS’s revenue grew 37.4%.

Korean vendors’ share increase 0.8% to 54.6%. Japanese vendors’ share declined 1.9% to 17.7%, and American vendors’ share increased 2% to 14.3%, given better-than-average sales growth. Taiwanese vendors’ share was down 0.9% to 13.4% as a result of Nanya’s revenue decline.

MANASSAS, VA – Cleaning materials supplier Zestron reported first-quarter sales were up more than 10% year-over-year on higher demand in North America and Asia.

The company, which is privately held, did not report its sales figures.

“Even though the economy has been slow to recover, we have had an exceptional first quarter,” said Zestron Worldwide president Dr. Harald Wack. “The careful investments we are making in building a globally linked corporate infrastructure, as well as our innovative product technologies, are obviously meeting our customers’ demands. Looking ahead, we are extremely optimistic and excited about further expansion.”

“We are particularly pleased about the rate at which we are adding new customers,” said sales and marketing manager Michael McCutcheon. “By delivering superior technical support, we are well-positioned to further expand our large customer base well into the future.”