SANTA CLARA, CA — With consumers all over the world facing continued economic uncertainty, global TV demand is expected to be flat in 2013, after shipments of all TV types declined by more than 4% in 2012, to 237M, according to results from the NPD DisplaySearch report.
HAWTHORNE, CA -- OSI Systems today reported fiscal first-quarter sales at its Optoelectronics and Manufacturing division rose 7.6% year-over-year to $57.1 million.
TAIPEI -- Pegatron has become the latest ODM to be targeted by workers’ rights groups for poor working conditions in China.
SOUTH KIVU, DRC -- The first deposits from a mine dedicated to conflict-free tin mining have been brought from the ground, says an NGO dedicated to ensuring a steady and safe supply of the ore.
WASHINGTON -- The International Trade Commission has launched an investigation to determine whether imports of certain ICs are violating patent infringement laws.
TORONTO – Celestica reported third-quarter profit dropped 13% to $43.7 million year-over-year on weaker demand across all segments.
GLENVIEW, IL – Illinois Tool Works reported third quarter revenues of $4.5 billion, down 1.7%.
ELKHART, IN -- CTS reported third quarter EMS sales fell $15.2 million, or 20%, year-over-year, on customer delays, particularly in the defense and aerospace and communications markets.
SANTA CLARA, CA – Low-cost smartphone shipments are forecast to double every year from 2010 to 2016, increasing from 4.5 million to 311 million, says NPD DisplaySearch.
SAN JOSE -- Stung by a large drop in revenue and trying to meet stated goals for margins, Flextronics is planning another round of layoffs and factory closings.
COPENHAGEN -- The European Commission has proposed to provide Denmark with more than one million euros to help workers laid off by Flextronics' Denmark subsidiary.
GARBSEN, GERMANY -- The Institute of Technical Education in Singapore, Hakko and LPKF Laser & Electronics have signed an agreement to collaborate on training printed circuit board manufacturers.