NEW YORK – Nearly 300 million global navigation satellite systems will be shipped by 2011, up from 40 million in 2005, according to ABI Research.

Growth will not occur evenly across the board, the firm said. In 2005, in-vehicle navigation systems accounted for 26% of total shipments but 34% of revenues. By 2011, shipments will drop to 16% of the total market but will deliver 29% of the revenue.

Much of the added growth will come from the mass uptake of GNSS services by mobile subscribers who use GSM handsets. As that trend develops, the fastest regional growth will occur in Europe, ABI said.
 

WASHINGTON – The Portable Rechargeable Battery Association today said it “welcomes” an IPC effort to bring stakeholders into the process to develop a standard for the manufacturing of lithium-ion batteries.  
 

BENSALEM, PA -- It's nearly as certain as gravity. A high-flying stock takes a tumble, and shareholder lawsuits come quickly thereafter.

A class action lawsuit filed in U.S. District Court in Florida claims Jabil Circuit misrepresented its financial performance between Sept. 19, 2001 and June 21, 2006, thus artificially inflating its stock price.

ATLANTA – UP Media Group next month will broadcast a special 90-minute Webinar on the electronics market and featuring popular industry analyst Walt Custer.
 
Custer’s talk, Business Outlook: Global Electronics Industry: Updated for 3Q 2006, will be held Oct. 17 at 2 pm EST. The online presentation, known as a Webinar, will feature analysis of the latest data on the global electronics industry.