Circuits Assembly Online Magazine - Current Issue

News

SINGAPORE -- Singapore's electronics output plunged 43.1% year-over-year in January, the government said today.

Exports fell 35% for the month, the Economic Development Board said.

The drop in electronics production pulled the overall manufacturing output down 29.1% the EBD said.

Manufacturing accounts for about 25% of the nation's economy, and most of its manufactured products are exported.

LONGMONT, CO -- EMS firm Premier Manufacturing and Supply Chain Services tomorrow will hold an open house for its expanded and remodeled plant here.

The open house takes place at 1 p.m.

The 10-years-old company operates from a 22,000 sq. ft. plant, in which it has three SMT lines. It assembles boards for medical, computers and peripherals, industrial and telecom applications.

HELSINKI – Incap Group reported 2008 revenues rose 13% to 93.9 million euros, but the net loss increased 390% to 5.4 million euros.

The operating loss was 3.6 million euros, lowered by 1.8 million in one-time charges related to restructurings.

It is not clear what percent of sales stem from contract electronics assembly services, but it is generally considered to be a large percentage of the overall revenue. The company's Incap Contract Manufacturing Services subsidiary, the former TVS Electronics, was acquired in June 2007.