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Both electronics component group Laird, 12.6p lower at 129.4p, and car dealer Inchcape, down 1.27p at 28.26p, disappointed with their updates, but maintenance business Interserve added 16.7p to 224p after full year profits rose nearly £10m to £89.2m.
Hundreds of fresh job losses were signalled by supermarket giant Sainsbury's, electronics component firm TT electronics and Bradford-based conveyancing firm Hammonds Support Systems, while wireless equipment maker LM Ericsson announced it was axing 5,000 jobs to cut costs but would not say if any would be in the UK.
The electronics component maker Vishay Intertechnology Inc. raised its offer to buy the 19.6percentt stake in Siliconix Inc. it does not already own to about $227 million in stock, hoping to end a three-month effort to acquire the company, a power-conversion components maker.
Chen chairs Yageo, an electronics component maker whose parts can be found in products ranging from mobiles to tablet PCs and automobiles.
At Arrow Electronics, a Melville, N.Y.-based electronics component provider, the customer account managers use a custom-designed videogame to learn supply-chain management skills.
Electronics component maker TDK said late Thursday that it will eliminate 8,000 jobs overseas and close factories to reduce costs, and warned that it expects to report a record loss this fiscal year.
Similar(48)
Philips Electronics NV, in full Royal Philips Electronics NV, major Dutch manufacturer of consumer electronics, electronic components, medical imaging equipment, household appliances, lighting equipment, and computer and telecommunications equipment.
The company, which distributes electronics components, posted a loss for the quarter of $831,000.
Printed circuit boards are thin plates on which semiconductors and other electronics components are placed.
The main source of demand for those exports—especially for electronics components—has been America.
This week, for example, Epcos, a Munich-based maker of electronics components, said it would shift 500 jobs to China, Singapore and Portugal.
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