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NORTH BILLERICA, MA – BTU International Inc. reported second-quarter net sales of $10.8 million, down 47% compared to the same quarter a year ago, and up 10% sequentially.

SAN JOSE -- Flextronics has reportedly agreed to the sale of Nortel's wireless technology assets to Ericsson, paving the way for the deal to be finalized.

ELKHART, IN – CTS Corp. today reported second-quarter revenues of $120.4 million, down 35.4% year-over-year, and up 2% sequentially.

SAN JOSE -- Agilent Technologies has entered into an agreement to acquire Varian Inc. for $1.5 billion in cash.

BANNOCKBURN, IL -- A proposed standard covering halogens in electronics products is being circulated to industry for review and vote.

REDMOND, WA – Data I/O Corp. reported second-quarter revenues were $3.9 million, down 51% year-over-year and 11% sequentially.

NEW YORK – Dover Corp. reported revenue for the second quarter was $1.4 billion, down 31% over the prior-year period.

TORONTO -- Celestica reported second-quarter revenue fell 25.2% to $1.4 billion, in line with the company's April guidance.

SAN JOSE -- Sanmina-SCI reported third-quarter revenue fell 37% year-over-year to $1.21 billion.

ST. LOUIS -- BAE Systems awarded LaBarge a $6.1 million add-on contract to produce electronics assemblies for the Advanced Gun System.

TOKYO -- The 90-day moving average orders for Japan-based semiconductor equipment manufacturers was 35.6 billion yen ($377.3 million) in June, up 37% over the revised May figures.

AUSTIN – June shipments of large-area TFT LCD panels set a new high for units, even though pricing pressure tamped revenues.

Shipments for the month reached record 46.7 million units, up 8% sequentially and 24% year-over-year, says DisplaySearch.

However, while revenues were up 14% sequentially, to $5.3 billion, they were 17% lower than June 2008.

On a unit basis, LG Display was the leader with 24.5% share, followed by Samsung with 24.1%, and AUO with 16.6%.

June’s shipments indicate a continuation of the large-area TFT LCD industry’s recovery, says the research firm. DisplaySearch forecasts shipments will increase again in July, but at a slower rate. The panel supply situation will continue to tighten in July and August, which will result in higher revenues.

All three major applications – notebook PC, monitor and TV – showed sequential growth. DisplaySearch found LCD TV panels had the highest year-over-year growth at 57%, followed by notebook panels at 19%, and monitor panels at 12%.

Notebook PC and LCD TV panel shipments both reached monthly record highs, with 14.7 and 13.1 million units, respectively.

Large-area TFT LCD shipments reached 7.1 million m²in June, up 7% sequentially and 32% year-over-year, the largest amount yet, says the firm.

TV panels mainly drove the growth in shipment area. Samsung led in area shipments with a 27.2% market share, followed by LG Display at 24.9%, CMO at 16.5%, and AUO with 15.6%.

Mini-note panel shipments were 3.5 million in June, also an all-time high. HannStar took back the lead from AUO with 956,000 units, passing AUO’s 920,000.