TAIPEI – Delta Electronics Inc. announced its consolidated sales revenues for March totaled approximately $395 million, up 31% sequentially, and up 16% year-over-year.
SHANGHAI – I’ve been coming to China since early 2000, and every trip here reveals something new.
On the outside, for example, where I was once something of an oddity – while walking the Bund, Chinese nationals would approach to touch my hair – Westerners are everywhere today. Indeed, English signage is so rampant, I joked with local friends that while they may end up with all our manufacturing, they’ll also end up with our language. (They don’t think that’s very funny.)
BLAUBEUREN-SEISSEN, GERMANY – Rehm Thermal Systems in April opened a subsidiary in Dongguan, China, to provide direct manufacturing, sales and support in China. The 3,000 sq. meter facility houses 100 employees, bringing the company's total to 450.
BRIDGEWATER, MA – Global manufacturer Chase Corp. reported net income of $1.87 million for the second quarter, up 36% year-over-year.
Revenues of $28.2 million for the quarter increased 3% compared to 2007.
For the six months ended Feb. 29, revenues increased 7% to $62.9 million compared to the same period last year. Net income was $5.34 million, up from $3.9 million year-over-year.
The company’s EMS segment had revenues of $4 million, down nearly 17% compared to the same period last year. Revenues for the six-month period ended Feb. 29 were $9.1 million and in line with the prior year period, Chase said.
WASHINGTON, DC – AeA reportsthat in 2007, the high-tech industry continued growing, adding 91,400 net jobs for a total of 5.9 million in the U.S. This is on top of job gains of 139,000 in 2006 and 87,400 in 2005.
WASHINGTON, DC – The U.S. Senate is expected to debate the patent reform bill as early as this week. This comes on the heels of a court decision to block new rules the U.S. Patent and Trademark Office proposed to deal with the surge of applications.
Majority leader Sen. Harry Reid is expected to bring the Patent Reform Act to the Senate between now and the end of May.
The Senate bill is in line with the House of Representatives bill that passed in the fall. Both bills aim to limit damages and excessive litigation, namely courts that are quick to set trial dates for patent suits. The legislation also requests the U.S. to move to a first-to-file policy.
Many large electronics firms are on board, claiming to be barraged with patent infringement litigation. Individual inventors and pharmaceutical companies have rallied against the measure, saying it would weaken the system that protects their innovations.
In its fiscal year 2007, the USPTO received more than 467,000 patent applications and ended the year with a backlog of 760,000 applications. In an effort to catch up, the office hired more than 2,400 new patent examiners in the past two years, say published reports.
SHANGHAI – Nepcon China opened today with strong crowds and plenty of noise, as usual. The show, many watchers agree, needs a strong showing this year to fend off a challenge from the producers of Productronica, who are mounting a challenge to Nepcon’s longstanding supremacy in the Shanghai electronics market.