ARLINGTON, VA -- Electronic component orders fell in December for the second consecutive month, according to the monthly index compiled by the Electronic Components Association (ECA).

The 12-month average, comparing 2008 results to those from 2007, continued a descent that began this summer.

“Most manufacturers have seen declining results in November and December,” says Bob Willis, ECA president, in a press release. “There may be a modest positive bump in the first quarter of 2009 as inventories are adjusted, but there is little or no significant growth anticipated until the late third or fourth quarter.”

TAIPEI, TAIWAN – Foxconn Electronics’ unconsolidated revenues fell 9.4% for December to NT$122.15 billion (US$3.68 billion). Growth for the year was lower than predicted, despite a 20% rise in unconsolidated revenues to NT$1,470 billion (US$44.16 million) for 2008.
 
The company’s subsidiary, Foxconn Precision Components (FPC) saw an 18.56% decline in consolidated revenues for December to NT$15.92 billion (US$479 million). Consolidated revenues for the year rose 22.39% to NT$163.34 billion (US$4.9 billion).