Q1 SALES SLUMP FUELS 26% LOSS FOR TAITRON.Byline: Daily News VALENCIA - Taitron Components Inc. of Valencia reported a 26 percent loss in the first quarter of the year, a result of slumping Slumping is a categorical description of an area of techniques for the forming of glass through the use of heating glass to the point where it becomes plastic. It is generally formed by the force of gravity. sales. The company reported net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of $1.8 million for the quarter that ended March 31 compared to $2.5 million in the same quarter of 2004. Taitron also reported a net loss of $129,000 compared with net earnings of $10,000 in that period. ``While our components sales for the first quarter were very disappointing, we continue pursuing the design and manufacturing projects,'' said Stewart Wang, president and chief executive officer. Taitron manufactures and sells discrete components An elementary electronic device constructed as a single unit. Before integrated circuits (chips), all transistors, resistors and diodes were discrete. They are widely used in amplifiers and other devices that use large amounts of current. - a wide variety of transistors, diodes and other discrete semiconductors, optoelectronic Refers to devices that function due to the interaction of light and electronics. For example, an electronic signal is the input to a laser diode, which generates light pulses that are transmitted through an optical fiber. devices and passive components to other electronic distributors, contract electronic manufacturers and equipment manufacturers, who incorporate them into their products. |
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