News
WYLIE, TX -- Global Innovation, a maker of bare boards and assemblies, reported April quarter revenues of $8.3 million, up 9.2% year-over-year. Net income for the company's fiscal third quarter was flat at $186,594.
Gross profit rose 3.1% to $1.7 million, while gross margins dropped 2.7 points to 19.1%.
Gross profit rose 3.1% to $1.7 million, while gross margins dropped 2.7 points to 19.1%.
WASHINGTON -- The chief executive of Cirrus Electronics has been sentenced to 35 months in jail after pleading guilty to illegally exporting electronics components used in missiles to India.
In return for pleading to exporting the components to Indian government entities, guilty, Parthasarathy Sudarshan will also pay a $60,000 fine. The components are used in ballistic missile guidance systems.
In return for pleading to exporting the components to Indian government entities, guilty, Parthasarathy Sudarshan will also pay a $60,000 fine. The components are used in ballistic missile guidance systems.
WASHINGTON — Retail sales of consumer electronics and appliances rose 3% year-over-year in the May quarter, up from 1.5%
sequentially, according to the US Census Bureau.
Furthermore, North American TV shipments rose 4% during the first quarter, says research firm DisplaySearch, with LCD shipments leading the way, rising 110%.
Furthermore, North American TV shipments rose 4% during the first quarter, says research firm DisplaySearch, with LCD shipments leading the way, rising 110%.
The JPCA Show is typically not one where many orders are placed on the floor. Rather, specifications are discussed, tires on equipment are kicked, materials are introduced, and the exhibition of evolutionary progressions is the norm. And yet, equipment suppliers were in many cases optimistic.
TOKYO — A 7.2 magnitude earthquake rocked Kurihari city, north of Tokyo, on Saturday and led to shutdowns of operations at several electronics makers.
A Fujitsu Ltd. semiconductor factory and certain factories affiliated with Sony were shut down, company officials reported.
FRANKFURT -- May semiconductor sales in Germany were down 19% year-on-year, the Electronics Industry Association (ZVEI) said.
In April and March, sales were down 16% year-on-year, respectively, ZVEI said.
The preliminary book-to-bill ratio in May was 1.01, up from 0.94 in April. The ratio is calculated by the value of orders divided by the value of shipments. A ratio of 1.01 means that for every $100 worth of semiconductors shipped, $101 worth of semiconductors were ordered.
A ratio above 1.0 is considered a sign of expansion.
In April and March, sales were down 16% year-on-year, respectively, ZVEI said.
The preliminary book-to-bill ratio in May was 1.01, up from 0.94 in April. The ratio is calculated by the value of orders divided by the value of shipments. A ratio of 1.01 means that for every $100 worth of semiconductors shipped, $101 worth of semiconductors were ordered.
A ratio above 1.0 is considered a sign of expansion.
