Light engine developer JDS Uniphase has postponed release of its 4th-quarter and fiscal 2005 earnings to finish a year-end audit of its financial statements, it said. Based on preliminary results, JDS expects revenue for 2005’s 4th fiscal quarter to be about $170 million, with an improvement in gross margin from the previous quarter. JDS said quantity, complexity and accounting of one-time transactions delayed completion of this year’s audit. JDS, once supplier of LCoS light engines to Brillian, has moved in recent months to sell and acquire companies. In May, JDS sold its cable business to Emcore and agreed to buy test company Acterna. It signed an agreement to acquire power over fiber company Photonic Power Systems. In its 3rd fiscal quarter, JDS posted a $38.6 million net loss on sales of $166.3 million.
The International Trade Administration (ITA) has issued its preliminary results of the following antidumping (AD) duty administrative reviews:
The International Trade Administration (ITA) has made a preliminary affirmative antidumping (AD) duty determination that superalloy degassed chromium from Japan is being, or is likely to be, sold in the U.S. at less than fair value. The period of investigation is January 1, 2004 through December 31, 2004.
Regulators are reviewing satellites’ relation to the Emergency Alert System and E-911 requirements. At the FCC, the International Bureau Satellite Division and the Enforcement Bureau Office of Homeland Security recently met with DBS and satellite radio firms to discuss the feasibility of satellite participating in the Emergency Alert System (EAS). Separately, the Network Reliability & Interoperability Council (NRIC) is reviewing long term issues for E-911 services, including whether E-911 requirements can be extended to satellite telephony. Both reviews are addressing satellite system design’s uniqueness relative to the terrestrial infrastructure, and difficulties involved in extending emergency requirements to the skies.
The Commerce Department's Office of Textiles and Apparel (OTEXA) has posted to its Web site the following five monthly reports containing official June 2005 trade data from the Department of Census for imports and exports of textiles and apparel:
The International Trade Administration (ITA) has issued its preliminary results of the following antidumping (AD) duty administrative reviews:
The International Trade Administration (ITA) has issued its final results of the antidumping (AD) duty administrative review of glycine from China for the period of March 1, 2003 through February 29, 2004.
U.S. Customs and Border Protection (CBP) has issued a document, entitled "Clarification to July 9, 2004 Amended Monetary Guidelines for Setting Bond Amounts for Special Categories of Merchandise Subject to Antidumping and/or Countervailing Duty Cases" in order to provide for the consideration of certain factors that are relevant for determining duty risk when setting the amount of the continuous bond required for certain importers of merchandise subject to antidumping (AD) or countervailing (CV) duty cases.
GENEVA -- The ITU-T is at work on a new standard, H.325, to meet requirements of next generation multimedia terminals and systems. H.325 will complement the H.320-series of recommendations. ITU-T Study Group 16 is devising standards for “multimedia telecommunication in general, including video telephony and video conferencing and other kinds of applications,” said Dave Lindbergh of Polycom, Study Group 16 reporting member.
Free Speech Coalition (FSC) lawyers said they are “cautiously optimistic” that record-keeping rules for adult magazines and videos won’t extend to adult websites, following a preliminary injunction hearing in U.S. Dist. Court, Denver, last week. The Justice Dept. planned to apply provisions in Sec. 2257 of the 1988 Child Protection & Obscenity Enforcement Act to all adult websites, including those run by amateurs, but held off until Sept. 7 under a deal reached with FSC (WID June 27 p1), an adult entertainment trade group. The Free Speech Coalition v. Alberto Gonzales hearing “did not result in an immediate decision” by the judge, but was “a significant milestone in the FSC challenge to this unlawful attempt by the government to chill protected speech,” FSC Chmn. Jeffrey Douglas said in a statement. The group believes the judge will enjoin the secondary-producer provisions of Sec. 2257, and “we will succeed in obtaining an injunction of the entire regulatory scheme,” Douglas said.