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LOUISVILLE — Sypris Solutions today reported net income of $2.6 million on revenues of $104.5 million for its third quarter ended Sept. 30.
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BALVE, GERMANY – Solder and anode specialist Balver Zinn will sponsor Bob Willis’ Process Advice and Defect Clinic at Productronica next month.

The exhibition takes place Nov. 13-16, at the Munich Trade Fair Center in Munich, Germany.

The company will also showcase its range of solder paste, solder fluxes and related products in hall A3 stand 478, including the SN100C solder range, for which its held a license for five years.  Furthermore, Balver Zinn will soon announce availability of this product as a SMT paste. 

 

 

EL SEGUNDO, CA – If you thought the 32" plasma display panel had been relegated to the annals of consumer electronics history, think again, iSuppli Corp. says.

In the second quarter, LG Electronics brought the 32" VGA-resolution PDP back to meet rising demand spurred by constrained supplies of LCD-TV panels of the same size. The reintroduction of the 32" size comes as a shift in direction for the PDP market, which has been focusing on large 40" to 44" and 50" to 59" panels, says the research firm.

iSuppli forecasts the global 34" and smaller PDP market will grow to 485,000 units by 2011, up from 400,000 units shipped in 2007. (No units were shipped in 2006.) While this volume and growth are not huge, they are enough to justify the market reintroduction by LG Electronics. The other panel makers are likely to follow should LG succeed, iSuppli believes.

Plunging prices are making PDPs more competitive at the 32" size. The average selling price for PDP panels sized 34" and smaller will decline to $124 by 2011, down from $215 in 2007. The ASP for 2006 is not available, given that PDP vendors didn’t sell any panels at the 34" and smaller size.

However, the PDP suppliers now face the same obstacle they did when the 32" PDP was in vogue in the 2004/2005 time frame: The VGA resolution of such panels delivers a far lower picture quality than that of a same-sized LCD, says iSuppli.

Despite this, LG’s gambit is already showing some success in the Chinese market thanks to the attractive price point.

While PDP panels are making a return in a size long thought dead, plasma systems actually are enjoying sales growth in the business market. One of the biggest reasons for this growth is that the declining ASP of PDPs makes them compelling for the conference room and education markets. A growing number of PDP displays are being sold as replacements for projectors in conference rooms, for corporate training rooms and lecture halls to accommodate a larger number of audience members, according to iSuppli.

The hospitality industry and those who maintain signage in indoor arenas also are taking advantage of the lower prices to upgrade picture quality and capitalize on plasma’s appealing form factor.

Emerging uses arising for plasma systems include rental and staging markets; video walls, using 84" and larger PDPs; transportation, financial exchanges and control rooms.
 
Affordable pricing and an attractive form factor also are reasons why PDP system sales are still growing in the consumer market, although at a far more moderate pace than LCDs. The 50" PDPs are available for less than $2,000, and 42" inch models can be bought for $1,000 to $1,500, says iSuppli. The pricing factor has bolstered PDP sales, despite the recent price reductions and higher resolutions for LCDs.
 
ELKHART, INCTS Corp. announced third-quarter revenues of $174.8 million and net earnings of $7.8 million. EMS sales improved 5% year-over-year on higher demand for industrial, defense and aerospace.

Revenue increased 6% year-over-year, driven by the components and sensors segment sales, which increased 6%, primarily from higher sales into infrastructure applications and automotive components, says CTS.

Net earnings were up about 20% compared to the same period in 2006.

“Looking forward, we continue to expect sales growth from new products, new customers and tuck-in acquisitions. Earnings in 2008 are further expected to benefit from the fact that certain unusual costs such as the Moorpark investigation, CEO transition and Czech Republic startup … will be behind us,” said Vinod M. Khilnani, CTS president and CEO.
 
The company earlier stated it would take about a $4 million charge to earnings due to financial irregularities at the company's Moorpark, CA, EMS site. An earlier investigation found "problematic entries" in certain accounts, which the company later confirmed were substantially all made by or caused to be made by the former plant controller. The facility was acquired by CTS as part of its SMTEK acquisition in the first quarter 2005.
SAN JOSE Flextronics announced net sales rose 18% year-over-year to $5.6 billion in the second quarter, at the high end of the company's previous guidance.
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SAN JOSE, CA – The Semiconductor Industry Association applauded today’s announcement by U.S. Trade Rep. Susan C. Schwab that the U.S., Canada, the European Commission, Japan, Mexico, New Zealand, and Switzerland would seek to initiate negotiations on an Anti-Counterfeiting Trade Agreement.

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