VANCOUVER, BC – Northstar Electronics reported third-quarter revenues fell 1.2% to $676,149 versus last year. The net loss widened 638% to $332,604 on program certification startup costs.
Year-to-date revenues are up 26% to $1.7 million, although the net loss has widened 120% to $1 million.
TIJUANA, MEXICO -- Samsung's television manufacturing plant here is running on a full schedule again after closing for two days to rebalance inventories.
Samsung, the world's largest TV maker, said the site went to a four-day week temporarily after Circuit City, a large customer, declared bankruptcy.
Reports claim Samsung is considering similar moves at its South Korea factories during the week following Christmas.