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PEMBROKE, BERMUDA – Tyco Electronics has adjusted its third-quarter guidance for the better.
 
For the quarter ending June 26, the company forecasts sales of $2.45 billion to $2.55 billion, compared to the previous $2.35 billion to $2.45 billion. Tyco cites a stronger dollar, project revenue from its Undersea-Telecommunications segment and an increase in electronic component sales for the improvement. 
 
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TOKYO -- Japanese semiconductor equipment makers reported orders jumped 22% in May. It was the third straight month of growth, suggesting demand is returning.

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