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.”
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.
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.