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WASHINGTON -- While the US Department of Defense is acutely aware of the risks of substandard parts breaching its supply chains, the department is limited in its ability to determine the extent to which counterfeit parts are present because it lacks a department-wide definition of the term "counterfeit" and a consistent means to identify instances of suspect parts.

MINNEAPOLIS -- Nortech Systems has acquired all the intellectual property and assets of Trivirix Corp., a maker of diagnostic medical devices.

DUSSELDORF, GERMANY – In the first quarter of 2010, Henkel generated sales of 3.5 billion euros, up 7.8% year-over-year.

Net income was 266 million euros, up 119.8% year-over-year. Operating profit increased 93.3% to 422 million euros compared to last year.

Adjusted operating profit improved 79.1%. The company took restructuring charges of 31 million euros and recorded one-time gains of 32 million euros.

The firm’s Adhesive Technologies unit reported sales of 1.7 billion euros, up 12.4% year-over-year. The sector posted double-digit organic growth of 14.5%. This is attributed to substantial volume increases.

“Now we are looking forward to a noticeable improvement in our results of more than 15% for the full fiscal year versus 2009,” said Kasper Rorsted, chairman of the Henkel management board.

US$1 = 0.7871 euro

BILLINGSTAD, NORWAY – Top 40 EMS firm Kitron reported first-quarter revenue fell 25.4% to NOK 411.1 million. Lower demand for defense (down 25.5%) and marine (81.5%) products were partially offset by higher demand for data/telecom, industrial (up 8%) and medical (up 21.9%).

JASPER, IN – Kimball International today reported net sales of $282.3 million and net income of $6.3 million for its fiscal third quarter ended March 31.
Sales for the quarter were up 5% year-over-year, while net earnings were up 54%.

SHENZHEN – First-quarter DRAM revenue grew 6.9% sequentially to $9.3 billion, and higher demand is fueling shortage fears, says DRAMeXchange.

Market leader Samsung recorded $3 billion in revenue, up 9.1% sequentially. Samsung’s share slightly increased 0.6% to 32.3%. Hynix’s DRAM sales rose 6.8% to nearly $2 billion, followed by Elpida at $1.6 billion, down 3.7% sequentially.

Benefitting from price and a 17% sequential shipment enhancement, Micron recorded $1.3 billion in revenue, up 24% compared to the fourth quarter.

PSC’s revenue grew 8.3% to $442 million. PSC surpassed Nanya for the No.5 spot. Nanya recorded $425 million in revenue, down 14.4% sequentially.

Winbond announced first-quarter DRAM revenue of $174 million, up 4.8% sequentially, while ProMOS’s revenue grew 37.4%.

Korean vendors’ share increase 0.8% to 54.6%. Japanese vendors’ share declined 1.9% to 17.7%, and American vendors’ share increased 2% to 14.3%, given better-than-average sales growth. Taiwanese vendors’ share was down 0.9% to 13.4% as a result of Nanya’s revenue decline.