SANTA CLARA, CA – Worldwide TV shipments fell almost 8% year-over-year in the first quarter of 2012, the steepest rate of decline since the second quarter of 2009, says NPD DisplaySearch.

Total TV shipments for the quarter were 51 million units. The biggest contributor to this decline was a slowdown in shipments of LCD TVs, which fell year-over-year for the first time in the history of the category, declining just over 3%, to 43 million units, the research firm says.

TAIPEI – Chairman Terry Guo says Foxconn will begin to see growth in profits in 2013, according to published reports.

While the electronics manufacturer will continue to concentrate on revenue growth this year, it does not expect losses, and predicts steady profit growth, according to Guo.

The company’s chairman did not provide a percentage of growth that is expected, say reports.

ST. PETERSBURG, FL – Jabil Circuit today reported unaudited third-quarter net revenue of $4.3 billion for fiscal year 2012, up 2.4% year-over-year.

ROSEVILLE, CA – Pride Industries is opening a new electronics manufacturing plant at its headquarters here.