EL SEGUNDO – The consumer electronics market continues to show improvement for 2009, increasing to $81.7 billion in the third quarter, up more than 11% sequentially, says iSuppli Corp.
EL SEGUNDO – Component inventories are at their leanest point in a decade, says iSuppli Corp. In fact, they are too lean, the research firm says.
Shrinking demand in the first half of 2009 prompted firms to slash production, capacity and utilization, and inventory; however, many firms cut too much and end the third quarter with stocks too low, according to the firm.
iSuppli makes its comparisons based on days of inventory.
As the year progressed, higher-than-expected revenue growth permitted manufacturers to increase utilization and stabilize ASPs.
In the fourth quarter, iSuppli does not see any indications of an inventory snapback; firms are planning a modest restocking of a few percentage points toward equilibrium.
WESTLAKE, OH – Nordson Corp. acquired its longtime German distributor GLT mbH for an undisclosed sum.
GLT employs 41 and has been a distributor of Nordson EFD’s dispensers and related products in Germany since 1977.
GLT’s revenues and other financial terms of the agreement were not disclosed.
NEVADA CITY, CA – New Venture Research Corp. acquired the market research business of Electronic Trend Publications on Jan. 1.
ETP publishes market research reports for advanced electronics and energy technologies.
NVR and ETP have worked together for more than 16 years.
BETHESDA, MD – The US Consumer Product Safety Commission will hold a public meeting here tomorrow to discuss rulings on lead in electronics devices and a mandatory recall notice.
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