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.
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.
WEST VALLEY CITY, UT – CirTran Corp. reported net sales of $2.7 million for the quarter ended Sept. 30, down 13.3% year-over-year, driven by continued softness in the electronics assembly and contract manufacturing segments.
CirTran USA accounted for 7% and 8% of total revenues during the 2009 quarter and 2008 quarter, respectively. Revenues were generated by low-volume electronics assembly activities consisting primarily of the placement and attachment of electronic and mechanical components on PCBs and flexible cables.
CirTran Asia’s sales were 2% and 4% total revenues during the three months ended Sept. 30, 2009 and 2008, respectively. CirTran Asia manufactures and distributes electronics, consumer products and general merchandise to companies selling in international markets.
CirTran Products’ sales comprised 0% and 2% of total sales for the quarters ended Sept. 30, 2009, and 2008, respectively. The segment pursues contract manufacturing relationships in the US consumer products markets.
BANNOCKBURN, IL – North American PWB shipments in October fell 12.8% year-over-year and bookings slid 2.1%. Sequentially, shipments decreased 8.3% and orders dropped 17.4% says IPC.
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