BEIJING – A report by China's Ministry of Industry and Information Technology (MIIT) stated that China's mobile phone output had decreased by 11.2% for January and February 2009, year-over-year.

The MIIT cited that both manufacturing and export of China's electronics products had declined in this period.  In January and February 2009, the output growth rate of China's electronics industry decreased by 9.4% and export delivery value of the electronics industry decreased by 19%, year-on-year.

TORONTO – Coretec Inc. reported fourth-quarter sales climbed 20.6% from last year to $22.8 million, on the weak Canadian Dollar. For the year, sales dropped 5.2% to $81 million, compared to $85.4 million in 2007.
 

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