News
NEW YORK – New York canceled a $2 billion, 20-year contract with M/A-Com Inc., to build a statewide wireless emergency network, citing failures in the initial systems.
ST. LOUIS – LaBarge Inc. has received $2.9 million in contracts from BAE Systems to manufacture electronics assemblies for A3 Bradley Combat Systems vehicles.
The company has manufactured electronics for the Bradley program since 1982.
Production is expected to continue through June at LaBarge's Huntsville, AR, facility.
TAIPEI -- Foxconn today issued a statement saying its net profit for 2008 will show “a significant decline” from 2007.
TAIPEI – Taiwan’s Intellectual Property Court has declined a preliminary injunction request by Isola Group against Taiwan Union Technology Corp. over the latter’s alleged patent infringement.
Nevertheless, Isola says, the decision was handed down because the materials at issue – TUC’s TU-662 and TU-752 laminates – have been on the market for “quite some time,” thus superseding an “urgent need” for the preliminary injunction.
According to Isola, the Taiwanese court concluded the Isola patent has novelty and inventive step and thus is valid.
TUC, however, issued a statement saying the decision “proves TU-662 and TU-752 do not infringe Isola’s patent in-suit.” TUC reiterated its stance that the claims against it are “meritless” and “malicious,” and added it has filed a civil complaint in Taiwan IP Court seeking redress for the damage to its business and reputation.
Isola has about 10 days to appeal to the Taiwan IP Court. The company said it plans to initiate civil action and will present positive evidence that will clearly demonstrate TU-662 and TU-752 infringe Isola’s patents. Isola has also filed a complaint with the US International Trade Commission seeking a ban on imports of those products.
Nevertheless, Isola says, the decision was handed down because the materials at issue – TUC’s TU-662 and TU-752 laminates – have been on the market for “quite some time,” thus superseding an “urgent need” for the preliminary injunction.
According to Isola, the Taiwanese court concluded the Isola patent has novelty and inventive step and thus is valid.
TUC, however, issued a statement saying the decision “proves TU-662 and TU-752 do not infringe Isola’s patent in-suit.” TUC reiterated its stance that the claims against it are “meritless” and “malicious,” and added it has filed a civil complaint in Taiwan IP Court seeking redress for the damage to its business and reputation.
Isola has about 10 days to appeal to the Taiwan IP Court. The company said it plans to initiate civil action and will present positive evidence that will clearly demonstrate TU-662 and TU-752 infringe Isola’s patents. Isola has also filed a complaint with the US International Trade Commission seeking a ban on imports of those products.
TOKYO -- Reeling from its worst downturn in 30 years, Sanyo Electric will cut up to 1,200 jobs and close one to two chip factories, the company said.
Sanyo also revised its fiscal year guidance, lowering it to flat profits from previous guidance of a profit of $393 million.
Sanyo also revised its fiscal year guidance, lowering it to flat profits from previous guidance of a profit of $393 million.
SANTA ANA, CA -- TTM Technologies, North America's largest printed circuit board manufacturer, will close its Redmond, WA, facility and lay off up to 14% of the company's overall workforce.
