Interlink Electronics Announces Reorganization Plans for Business Communications Segment and Restatement of Prior Period Financial Results

"Most of the materials whose use is restricted under ROHS are commonly found in electronics components in use today, including components that we have in inventory. In anticipation of the implementation date of ROHS, we have been reducing our inventories of non-compliant materials. Many of our OEM customers are now demanding early implementation of ROHS compliance. For this reason and due to the lowered expectation for future demand in the Business Communications-OEM segment, we have decided to record a reserve for our expected future losses on non-ROHS-compliant material totaling approximately $1.1 million." Source: businesswire.com