TORONTO – EMS provider SMTC Corp. recorded a second-quarter net loss of $6.3 million after a $5.7 million restructuring charge. This compares to a net income of $100,000 for the same period last year. In the first quarter, SMTC reported net income of $400,000.
SAN JOSE – The global market for semiconductors was $25.52 billion in June, up 12.2% year-over-year, and up about 20.7% sequentially, according to World Semiconductor Trade Statistics.
Showing strongest growth geographically, Asia-Pacific reached $13.19 billion, up 17.6% compared to last year. Japan's market was $4.28 billion, up 3%; Europe's market was $3.99 billion, up 7.5%, and the Americas region was $4.06 billion, up 11.3% year-over-year, say published reports.