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WASHINGTON – New orders for US computers and electronics in October fell 2.1% from September on a seasonally adjusted basis. That's down from the 0.2% drop in September.
 
Computers and electronics orders for the month were $24.5 billion, says the US Commerce Department.
 
US computers and related product orders dropped 7.2% sequentially, compared to a 0.3% increase in September. October orders fell to $4 billion.
 
Communications orders dipped a slight 0.2% in October, reaching $5.1 billion, after a drop of 5.3% in the prior month.
 
Defense capital goods orders decreased 18.4% in October to $8.5 billion, after a gain of 5.6% in September.

 

IRVINE, CA – A California man has pleaded guilty to charges he sold thousands of counterfeit components to the US Navy and other government agencies.

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TAIPEI – After dropping an estimated 11.5% in 2009 to $220.1 billion, the global semiconductor market is expected to post growth of 12.2% to $246.9 billion in 2010, according to World Semiconductor Trade Statistics.

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