News
STAMFORD, CT – The worst may be over for the PC industry, as worldwide PC shipments are on pace to reach 285 million units in 2009, a 2% decline year-over-year, says Gartner Inc.
The revised forecast is more optimistic than the firm’s June prediction, which anticipated a 6% unit decline in 2009.
BEIJING – The value of China's industrial output of electronics increased 4.8% year-over-year in August, according to the Ministry of Industry and Information Technology.
Color TV set volume was up 15.1% for the month compared to the same period in 2008. Production of LCD TVs in particular was up 123.2%, says MIIT, according to published reports.
Laptop computer volume rose 42.3% compared to August last year.
In the first eight months of 2009, the country’s industrial output value increased 8.1% year-over-year.
For the month, China's total industrial output value was up 12.3% compared to the prior year.
TORONTO -- Celestica will exercise its option to redeem nearly $340 million in outstanding 7.875% senior subordinated notes due 2011, a move that will save the EMS company $14 million this year in interest expenses.
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