During the quarter our Thailand site was qualified by a customer and we’re now shipping volume product from this site. Continued TSA plus improvements and the ramp to higher volume at our Thailand facility will move us steadily closer to our goal of being the industries lowest cost producer of suspension assemblies.Our biomeasurement division has significantly reduced its operating loss. As a result of previously mentioned cost reduction. In addition, the division has initiated sales of the newly introduced InSpectra St02 spot check product in countries that recognize the CE mark. I’ll turn the call over to Kathleen now for a recap of the disk drive components division for first quarter.
Hutchinson Technology, Q1 2011 Earnings Conference Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.