News
YAVNE, Israel - Valor Computerized Systems showed continued growth for the ninth quarter in a row, and released financial results for the six-month period ending June 30.
Revenues were $9 million in the second quarter of 2005, an increase of more than 20% over Q2 2004 revenues of $7.45 million. Revenues increased year-on-year, growing from $14.6 million in the first half of 2004 to $17.7 million in the first half of 2005.
Net profit in the second quarter was $408,000, an increase of 133% over the adjusted profit for the same quarter last year. Net profit for the first half of the year was more than $1 million – up 200% from the same period last year.
CAMBRIDGE, U.K. -- Organic electronics -- thin film transistors and displays for electronic products in which the key component is organic -- are forecast to hit $30 billion by 2015, driven by logic and memory, displays and lighting.
The author of the study, research firm IDTechEx, says organic electronics will not affect sales of silicon chips, however.
SAN FRANCISCO -- CIOs in July predicted IT budgets will grow this year, up from 6% in June.
Spending projections were up in all categories month over month, except telecom equipment.
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