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RICHARDSON, TX – Telecom ODM TXP Corp. reported third-quarter revenue of $2.7 million, an increase of 61% year-over-year. The net loss was $1.3 million, compared to net income of $2.2 million in 2006. The company's thriving prototype design and assembly business was offset by R&D costs related to its optical network terminal product development.
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SCHAUMBURG, ILMisumi USA Inc. next month will conduct a series of configuration technical seminars aimed to help engineers overcome time and performance pressures typically associated with custom machine builds.
 
The seminars, titled Designing a Better Machine Faster with the Configurable Component, take place at the Hilton Garden Inn in Cleveland on Dec. 5 and at the Crowne Plaza in Dayton on Dec. 6.
 
The seminars feature Chris Blaszczyk, manager of product development.
 
To register, visit www.misumiusa.com/techseminars.aspx.
PEMBROKE, BERMUDA - Tyco Electronics Ltd. said its fourth-quarter earnings were $256 million, down 31% year-over-year on restructuring and separation costs.
 
The company said it took $59 million in restructuring charges, compared with $5 million in the fourth quarter last year.
 
Tyco Electronics also reported a $20 million charge related to the separation from Tyco International.
 
Revenue rose 11% to $3.62 billion compared to the same period last year. The company attributed its revenue gain to growth in international markets.
 
For the fiscal year, Tyco Electronics posted a loss of $554 million, compared with a year-ago profit of $1.19 billion.

Revenue for the full year increased 9% to $13.46 billion, the company said.

SAN JOSE, CA – North American-based manufacturers of semiconductor equipment posted $1.23 billion in orders in October and a book-to-bill ratio of 0.83, according to SEMI.
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SANTA CLARA, CAAgilent Technologies Inc. reported revenues for the fourth quarter were $1.45 billion, 9% above the same period last year.
 
The company said orders were $1.48 billion for the quarter, an increase of 6% year-over-year.
 
Agilent reported fourth-quarter adjusted net income of $206 million, up 7.8% year-over-year.
 
“Electronic measurement markets were very mixed, with strength in aerospace/defense and wireless R&D, a flat profile for wireless handset and electronic manufacturing test, and weakness in computer and semiconductor markets,” Bill Sullivan, president and CEO said.

2007 revenues were $5.4 billion, up 9% year-over-year.
 
For the first quarter of 2008, revenues are expected to be in the range of $1.35 billion to $1.40 billion, up 5% to 9% from 2007.
RICHARDSON, TXTitan Global Holdings Inc. announced a record $2.4 million in shipments in October for the company’s electronics division. Titan Electronics generated revenues of $6.9 million for the fourth quarter, a 15% percent increase sequentially.

The announcement follows Titan’s recent acquisition of various secured debt and equity instruments held by Nexus Nano Electronics Inc. Titan will combine Nexus with the operations of its Titan Electronics Group.

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