Laird gets a boost from tablets

Laird, the products developer for wireless and advanced electronics applications, yesterday reported strong revenue growth after bumper demand for tablets and smartphones. However, it said there was a continuing decrease in the PC, notebook and flat screen TV segments. Third quarter revenues from its performance materials and wireless systems divisions were up 18 per cent from last year to £121m. The electronics and technology firms discontinued Handset Antennae and Mechanisms businesses posted revenues of £23m, down from £38m last year.