Mexican Media Brands
Visteon’s First-Quarter Earnings Triple
Visteon Corp. says booming demand for electronics helped hike its first-quarter net earnings to $63 million from $19 million in the same period last year.
#electronics #economics
Share
Visteon Corp. says booming demand for electronics helped hike its first-quarter net earnings to $63 million from $19 million in the same period last year.
First-quarter revenue advanced 1% to a record $810 million. The company’s business is exclusively electronics after it sold its climate-control operations in South Africa and South American last year.
Visteon says it won $1.5 billion in new business in January-March. The company’s remaining life-of-program booked sales rose $200 million to a record $16.7 billion between the end of last year and March 31.
RELATED CONTENT
-
2017 Buick LaCrosse Premium AWD
The Buick design team deserves the strongest of accolades for their work at transforming the appearance of the brand from one of, well something akin to “the last ride” to one of contemporary stylishness befitting of a the cohort of automotive customers who didn’t cast their first presidential ballot in 1968 or earlier.
-
GM Develops a New Electrical Platform
GM engineers create a better electrical architecture that can handle the ever-increasing needs of vehicle systems
-
TRW Multi-Axis Acceleration Sensors Developed
Admittedly, this appears to be nothing more than a plastic molded part with an inserted bolt-shaped metal component.