Finance News.

Aviation Forecast up Through 2022

 Business jet deliveries are expected to increase between 2013 to 2022, according to Honeywell’s  22nd annual Business Aviation Outlook. Revenue estimates exceed  $250 billion during that period. The 2013 Honeywell outlook reflects an approximate 3 to 4 percent increase in projected delivery value over the 2012 forecast. Despite slightly lower unit deliveries, the expected value comes…

Amphenol Q3 Sales Up 5 Percent

The proliferation of electronics in all types of devices has spurred Amphenol Corp. to a quarterly sales record, the company reported this week. Sales for the third quarter 2013 reached $1.153 billion, compared with $1.103 billion for the 2012 period.  “The electronics revolution continues to accelerate, with new applications and higher performance requirements driving increased demand…

TSMC Expects Q4 Hit from Weak Smartphone Sales

Taiwan Semiconductor Manufacturing Co. Ltd., the world’s biggest contract manufacturer of wafers for chip vendors, is warning that its fourth quarter sales will be negatively impacted by a softening in demand for “certain high-end” smartphones. The foundry giant did not provide details about the devices or the manufacturers. In a statement reporting its third quarter…

Linear Tech ekes out Sales, Profit Growth

Linear Technology Corp. said fiscal 2014 first quarter net income and revenue rose at a single-digit pace but warns results in the ongoing quarter may be negatively impacted by several factors, including “the current budgeting stalemate at the Federal Government level.” The high-performance linear semiconductor vendor’s profit rose to $107.9 million, or 45 cents per…