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LOS ALTOS – Have semiconductor inventories gotten out of whack? That’s the assessment one researcher is concluding, saying that the disparity between strong sales of end-use items and the drop in IC shipments suggests a “major inventory adjustment.”

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TAIPEI -- Foxconn Electronics shrugged off falling margins to record revenues of NT$142.7 billion, up 49%, during the first six months of 2005, the company reported. Pretax profits were up 18% to NT$10.2 million.


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JACKSON, MI -- Sparton Corp. reported earnings for its fourth quarter ended June 30 rose 227% to $4.9 million, boosted by a one-time, pre-tax gain of $5.45 million from a settlement with it former insurers.

Net sales were $45.9 million, down 4% from $47.8 million last year. In Q4 2004 the company posted earnings of $1.5 million.


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