Deswell Not So Well in Q3 PDF Print E-mail
Written by Mike Buetow   
Wednesday, 03 March 2010 11:13
MACAODeswell Industries reported fiscal third-quarter sales fell 42.4% from last year to $21.4 million.

The company reported a net loss of $400,000, down from net income of $1 million last year. Operating income dropped 67% to $300,000 for the period ended Dec. 31.

The company’s EMS-related sales plunged 49.7% to $8.2 million. Gross profit in the electronic and metallic segment increased to 8.5% of net sales for the third quarter ended Dec. 31, compared to 7.3% of net sales for the year-ago quarter. The improved gross margin in the electronic and metallic segment was mainly attributed to lower materials cost offsetting higher factory overheads.

Chief executive Mr. Franki Tse said, "We continued to see the impact of the difficult global economy and our sequential sales performance was essentially flat. There has been some strengthening in order volume recently and we believe that we are well positioned to benefit from a recovering global economy. That being said, we remain cautious and continue to evaluate ways to reduce expenses."


Eastern-US: China’s New Competitor?

Parity emerges among EMS Factories from Asia, Mexico and the US.

For the first time in years we see parity in the Eastern US among EMS factories from Asia, Mexico and the US. This EMS market condition will permit American OEMs (the EMS industry refers to OEMs as customers) to have more EMS pathways to choose from. Now more than ever, such EMS assignments will require deeper investigation relating to the OEMs’ evaluation of manufacturing strategies.

The Human Touch

For those who count on the electronics industry for big feats, it’s been a remarkable couple of years.



Advances in Concentration Monitoring and Closed-Loop Control

Contaminated bath water skews refractive index results. New technology can accurately measure aqueous cleaning agent concentration.

Circuits Disassembly: Materials Characterization and Failure Analysis

A systematic approach to nonconventional methods of encapsulant removal.





CB Login



English French German Italian Portuguese Russian Spanish


Panasonic Debuts PanaCIM Maintenance with Augmented Reality
PanaCIM Maintenance with Augmented Reality software provides instant communication and information to factory technicians -- when and where it is needed -- so they can respond to factory needs more...