News
ARLINGTON, VA – Consumer confidence in the overall economy improved, while confidence in technology and consumer electronics fell slightly in October, according to the Consumer Electronics Association and CNET.
The CEA-CNET Index of Consumer Expectations climbed five points to 174.1 in October.
The ICE, which measures consumer expectations about the broader economy, is up 10.4 points from this time last year, and has climbed in three of the last six months.
“Consumers were met with positive news regarding economic recovery this month,” said Anne Claudio, vice president of research at CBS Interactive. “The stock market rallied to levels not reached in years, while optimism is being expressed by economic leaders that the end of the recession is near.”
The CEA-CNET Index of Consumer Technology Expectations declined four points this month. The ICTE, which measures expectations for buying CE and spending more on CE products and services, is up 3.1 points year-over-year.
ST. LOUIS -- Top 35 EMS firm LaBarge today reported September quarter sales fell 7.4% year-over-year to $63.2 million.
ST. LOUIS -- Viasystems announced third-quarter net sales of $121.1 million, up marginally sequentially but down 38% from 2008.
NEENAH, WI – Plexus announced fiscal fourth-quarter revenue of $393 million, up 4% sequentially and down 17.4% year-over-year.
ELKHART, IN -- CTS Corp. today announced third-quarter revenues of $126.6 million, up 5% sequentially as its EMS business remained flat.
SPOKANE VALLEY, WA -- Key Tronic reported fiscal first quarter revenue of $41.3 million, down 14.3% from last year.
EL SEGUNDO, CA -- Despite fears that buyers are inflating semiconductor purchases in order to guarantee adequate supplies, there’s no indication that chip purchasers are engaging in double-booking, a leading research firm said today.
RANCHO CUCAMONGA, CA — Aqueous Technologies has rolled out a full-service contract defluxing and cleanliness testing service in its facility here.
EL SEGUNDO, CA -- Shipments of external hard drives are projected to grow 20% year-over-year in 2009, iSuppli forecasts.
SAN JOSE -- EMS manufacturers are beginning to feel the downside of the increase in business: component shortages.
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