News
BANGALORE – Eight small bombs blasted Bangalore Friday, with the blasts reportedly killing at least one person and injuring nearly a dozen others.
India’s southern city, the center for the country’s global software outsourcing business, is home to 1,500 companies such as Infosys Technologies and offices of firms such as Microsoft, IBM and Intel.
According to published reports, authorities said the bombs
were located in traffic circles, near bus stops and on important roads, such as
the one to Electronic City.
BEIJING – With the Olympics around the corner, Chinese authorities in Beijing have restricted the traffic flow of goods and materials in an approximate 200-mile ring around the city through Oct. 17. The transportation of dangerous goods (such as plating chemicals and other materials for assembling electronics) has likewise been restricted until Aug. 22 in the Shanghai area.
REDMOND, WA – Data I/O Corp. reported second-quarter revenues increased 38% to $8 million, and net income rose to $1.2 million from a loss of $1.1 million last year.
Backlogs at the end of the second quarter rose to $2.5 million, up 67% sequentially.
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