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OYSTER BAY, NY -- The automotive market has just begun to witness the emergence of onboard camera systems, primarily used for such applications as lane departure warning, and more safety features are ahead, a new study says.

In addition to watching the road ahead, automotive cameras will also be used to monitor the driver and occupants for several new safety applications over the next few years, according to ABI Research.

Onboard cameras are the predominant technologies earmarked for driver monitoring. Through the use of specialized algorithms, these cameras will monitor the driver and check for conditions of distraction or drowsiness. Cameras will also be used for occupant detection as part of next-generation airbag systems.

"We are expecting a new dynamic testing procedure to be released by NHTSA this year in the U.S., which will act as a catalyst towards the adoption of optics-based occupant detection systems, as well as other leading-edge technologies," said Robert Laguerra, senior analyst, in a press release. "This will significantly impact all automakers looking to sell to this market."

The major advantages of camera-based occupant detection systems over current pressure/weight sensor-based systems are in improving occupant classification and position-sensing (Is this an adult? a child? a suitcase?), and in dynamically suppressing airbag deployment.

This can save lives and decrease costs, ABI says, because the number of airbags in a vehicle has increased so much that it may soon cost more to replace all the deployed airbags in a vehicle than just to buy a new car.

DES PLAINES, IL -- SMT and business expert Tony Longo will talk on impending environmental legislation requirements at an IMAPS meeting in Chicago next week.

Longo, a senior market development engineer at Kester, will present on developing a lead-free roadmap that complies with RoHS, the European mandate that restricts hazardous substances such as lead and some bromines.

The meeting will be held Feb. 15 at the Silver Stallion Restaurant in Des Plaines. The presentation starts at 7 p.m.

Longo is an SMTA certified process engineer with 14 years of SMT experience, a bachelor's in manufacturing technology and an MBA in international business.

For more information: imaps.org/chapter/chicago/index.htm.

SAN FRANCISCO -- In a move that has taken most observers completely by surprise, Carly Fiorina has resigned as chairman and chief executive of Hewlett-Packard Co.

Fiorina, who managed the massive merger of HP with one of its chief rivals, Compaq Computer, cited differences with the board over executing its strategy.

In a statement, Fiorina suggested she was fired, "While I regret the board and I have differences about how to execute HP's strategy, I respect their decision. HP is a great company and I wish all the people of HP much success in the future."

The HP board has suggested or initiated several changes of late, from restructuring Fiorina's responsibilities to bringing on a new director whose influence is felt industry wide.

ANGLETON, TX -- Benchmark Electronics reported fourth-quarter net income of $20.2 million on sales of $524 million.

The contract manufacturer outdid last year's performance, when it reported $487 million in sales and net income of $13.4 million, including charges.

For the year ended Dec. 31, the company reported sales of $2 billion, up 8.8%. Net income rose 28% to $71 million.

"2004 was another good year for Benchmark," said Cary T. Fu, president and CEO. "We enhanced our customer base, reduced customer concentration, expanded our low-cost manufacturing capacities, realigned our resources, increased our technical capabilities and delivered solid financial performance.

For the quarter, operating margin was 4.6%, and return on invested capital was 14%.

Inventories decreased by $33 million to $257 million; inventory turns were 7.5 times.

As of Dec. 31, Benchmark had $367 million in cash and no outstanding debt. 
Accounts receivable were $251 million. 

Benchmark guided for first quarter 2005 revenue of $510 million and $530 million.
For the year the company anticipates revenue and earnings growth of 10 to 15%.

"Our 2004 new program bookings provide good momentum for a strong 2005," Fu said.

TEMPE, AZ -- Three-Five Systems Inc. has promoted David A. Prunier to vice president, general manager for the company's Redmond, WA, manufacturing operation.

The position is a newly created post.

Prunier, 43, joined TFS in September 2003 as senior director for the company's medical products business. He is a former general manager at Plexus, and director of manufacturing for SCI Systems.

SANTA ANA, CA -- TTM Technologies Inc. today reported fourth-quarter revenues rose 9% to $59.2 million. Net income was $6.8 million, up fro $8 million sequentially and $4.7 million last year.

Cash from operations exceeded $9 million for the quarter. TTM ended the year with cash and short-term investments of $58.5 million and no outstanding debt.

Sequentially, net sales fell 5% ($3 million), the result of lower orders due to capacity constraints at the circuit board maker's Chippewa Falls facility.

For the quarter, quickturn business made up 26% of net sales, down 1 point from last year. Gross margin decreased to 24.6%, compared to 26.1% last year and 28.4% sequentially. Gross margin was affected by a raw materials price increase, pricing pressure, lower operating efficiency and mix changes, the company said.

For the year, net revenues rose 33% to $240.6 million and net income was up nearly 400%, to $28.3 million. The 2004 results included a restructuring charge of $855,000 and a $1.2 million reversal of a tax valuation allowance.

For its first quarter 2005, TTM guided for revenues of $59 million to $62 million.

In a statement, Kent Alder, president and CEO, said, "While we expect business conditions to remain relatively stable, the benefits of our capacity expansion at Chippewa Falls should offset the seasonal slowdown in quickturn typically experienced in the first quarter of the year."