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Lantronix moves into Asia

Lantronix, maker of thin-server products, has announced its entry into the Asia-Pacific market. In addition to a Japanese office, it set up a Singapore office in June, which is the new representative office for the region.

Currently staffed by eight people, it will work through Megatron as its distributor. Lantronix aims to gather 50 resellers as its channel base in Singapore.

Through partnerships, Lantronix will offer selected VAR (value-added reseller) and OEM (original equipment manufacturer) partner programs that will provide the necessary tools, technology, service and support, to aid resellers grow their business, bring new functionality to products, and better meet customer needs, said Andrew Mitchell, director of Lantronix Asia-Pacific.

Prior to this new office, Lantronix had supported Asia-Pacific customers out of the US, covering 19 countries with 28 distributors.www.lantronix.comMitsubishi Electric sees lower lossesMitsubishi Electric recently announced reduced losses for the first half of the current fiscal year, the period from April to September, despite net sales declining by over 6 per cent.

The company said group net sales fell 6.4 per cent on the same period a year earlier to $25.4 billion, and the com-pany posted a loss of $50 million against a $480 million loss last year.

Sales in all major product sectors declined, the company said. In particular, sales of information, telecommunications and electronic systems and devices were down by 2.6 per cent to $10.2 billion.

In the key info-tech segment, the company said demand for cellular telephones and undersea fibre-optic systems, LCD monitors and TFT panels increased. The computer division saw a decline in revenue on the back of a general scaling back in operations.

For the remainder of the financial year, Mitsubishi Electric said it expects the business recovery to continue at a slow pace as conditions remain volatile and exchange rates are unstable.


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