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SPOKANE, WA – EMS provider Servatron Inc. announced record revenue for the year ended Dec. 31 on new customer wins and higher orders from existing customers. Gross revenue exceeded $32 million in sales for 2007, up 39% over 2006.

During the year, the company combined operations previously in two separate facilities, and added 10,000 sq. ft. of floor space, bringing the total production area to 61,000 sq. ft.

During the expansion, Servatron installed a new surface mount line and added AOI capabilities.

Tod Byers, company president commented, "In 2007 we achieved our goals through adding several new key customers, while many existing customers increased orders for the year."

SMYRNA, GA – UP Media Group announced that Virtual PCB, the industry's first virtual trade show and conference for PCB design, fabrication and assembly, was a rousing success.

TOKYO – Japanese chipmaker NEC Electronics Corp. said it could lose 500 staff as a result of a new $46.4 million early retirement program.

NEC has about 18,000 employees in Japan, and said this program would not affect its 2008 outlook.

Personnel age 40 and older, who have been with NEC five years or more, may apply, the company said.

The maker of chips for Nintendo Co Ltd's Wii is consolidating local production and research centers. NEC earlier reported restructuring would oust roughly 700 workers.