Honeywell expected a profit gain in 2007.

12/14/2006

Honeywell International on Thursday said it expects to meet its profit target for this
year and predicted double digit growth in earnings per share in 2007
which makes aircraft systems, building control systems and
automotive parts, and it still expects to report 2006 profit between $2.51 and
$2.53 per share on revenue of $31.2 billion. The company puts cash flow from
operations at about $3 billion. Analysts have tailored their forecasts to that guidance and expect, on average, profit of $2.52 a share and revenue of $31.16 billion. The company initial profit range for 2007 is $2.85 to $2.95 per share this would mean a double digit increase from the expected 2006 result. The sales figure of $32.6 billion would equal a 5 percent gain. Cash flow from operations is projected between $3.2 billion and $3.4 billion.

Wall Street's profit expectation of $2.93 per share is within the company's
target range, but analysts are currently expecting more robust sales growth to
$32.75 billion.

New technology Chips will be out in sooner future.

The Chip maker Sony, Toshiba and NEC Electronics, on Thursday said that they had jointly developed technology to mass produce cutting-edge chips. NEC Electronics and Toshiba are also working to standardise technology to make advanced chips with circuitry width of 45 nanometre or finer with Fujitsu and Renesas Tech. Corp. The platform developed by the three Japanese companies will be used to make system chips, which combine multiple functions on a sliver of silicon, using 45 nanometre, the firms said in the joint press release. Chip makers worldwide are locked in a race to lower production costs on 90, 65 and 45 nanometre chips, with the smaller circuitry widths allowing more power per chip for complex devices. The three companies are developing a platform for low power consumtion chips, to be completed in early of 2007. Toshiba and NEC Electronics are also working to standardise technology to make advanced chips with circuitry width of 45 nanometre or finer with Fujitsu and Renesas Tech. Corp. Other companies that unable to follow them will may lead to lower profit and the trend of 45 nanometre will start to boost up, if other chip maker are able to produce cheaper cost.