SIRIUS To Resume Shipment Of Radios Soon
Wistron NeWeb (a key Sirius radio manufacturer) saw its revenues decline to a two-year low of US$25.4 million in July due to delayed shipment of its satellite radio products to Sirius Satellite Radio, according to analysts at local securities houses.
Wistron was unable to ship a batch of their next-gen of satellite radio products to Sirius on time in July as the products failed to meet FCC requirements. Wistron, together with Sirius, says they are expecting to fix related problems in two weeks and begin shipments to Sirius soon.
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