BILLINSTAD, NORWAY – Kitron reported first quarter revenue of NOK 938 million (US$112.5 million), up 7% year-over-year. Growth adjusted for foreign exchange effects in consolidation was 9%.
TAIPEI – TrendForce today raised its forecasts for DRAM price hikes for the second quarter to 18 to 23%, up from its prior estimate of 13 to 18%. Actual increase in prices of various DRAM product categories will depend on the production capacities allocated to the respective products by DRAM suppliers, the research firm noted.
DRESDEN, GERMANY – Fraunhofer IPMS began a research project in March to establish a platform for trusted electronic devices in Germany.
SON, THE NETHERLANDS – Neways Electronics reported first quarter revenue of €119.3 million (US$143.6 million), down 6.2% year-over-year and up 4.2% sequentially.
MADISON, WI — The State of Wisconsin has agreed to new terms for Foxconn, reducing the ODM’s tax breaks, say reports. Details were not immediately disclosed.
NEW DELHI – Broadband India Forum has approached the telecom department and the finance ministry in India seeking a reversal of a hike in import duties on components and PCBAs, saying the move will drive up the cost of making telecom products and may offset benefits of the production-linked incentive scheme.