WASHINGTON -- Calling innovation "endangered," the Consumer Electronics Association announced a plan to organize widespread Congressional lobbying to advance the interests of new technology.
TALLINN, ESTONIA -- LM Ericsson will acquire part of Elcoteq's manufacturing operations in Tallinn for EUR 30 million, pending regulator approval, the companies said today.
TOKYO -- Japanese semiconductor equipment makers reported orders jumped 22% in May. It was the third straight month of growth, suggesting demand is returning.
MINNEAPOLIS -- CyberOptics founder and chairman Steven K. Case was killed last night when the small plane he was piloting crashed while trying to land at a suburban Minneapolis airport.
HONG KONG -- Eighty-nine percent of mainland China's electronics component distributors expect revenue to grow in 2009, forecasting an average increase of 13%; while 55% of mainland China electronics manufacturers surveyed said the economic downturn has had little or no impact on their business.