News
TIANJIN, CHINA – Bohai
Electronics Week 2008, the northern China electronics equipment trade show,
will be larger than previous years, with more exhibition space, exhibitors –
and, show organizers hope, visitors.
Show producer Reed Exhibitions says BEW 2008 will feature 30 % more floor space to accommodate the new segments for components, SMT, soldering, ESD and test. The 2008 show takes place Nov. 10-12.
Twenty-nine percent of China’s electronics production comes from the Bohai area.
The 2007 show drew 10% more exhibitor compared to 2006, hailing from nine countries and regions: the US, the UK, Singapore, Taiwan, Hong Kong, Japan, Korea, China and Germany, and attracted 3782 visitors, also up 10%, says Reed.
For more information, visit www.bohaielectronics.com.
Show producer Reed Exhibitions says BEW 2008 will feature 30 % more floor space to accommodate the new segments for components, SMT, soldering, ESD and test. The 2008 show takes place Nov. 10-12.
Twenty-nine percent of China’s electronics production comes from the Bohai area.
The 2007 show drew 10% more exhibitor compared to 2006, hailing from nine countries and regions: the US, the UK, Singapore, Taiwan, Hong Kong, Japan, Korea, China and Germany, and attracted 3782 visitors, also up 10%, says Reed.
For more information, visit www.bohaielectronics.com.
SHANGHAI – Siemens’ Siplace
Application Center opened here this month, offering local customers live
equipment testing in a true production environment.
The new application center is equipped with a complete SMT line consisting of Siplace X-Series and D-Series machines, a DEK printer, a Rehm reflow oven and ASYS board handling.
The center focuses on such technologies such as 01005 placement, CSP stacking, IC and BGA placement. Siplace customers will have access to expert know-how regarding all NPI processes and Siplace software solutions at the new Application Center.
Siemens also has application centers in Munich, Shanghai, Singapore and Norcross, GA.
The new application center is equipped with a complete SMT line consisting of Siplace X-Series and D-Series machines, a DEK printer, a Rehm reflow oven and ASYS board handling.
The center focuses on such technologies such as 01005 placement, CSP stacking, IC and BGA placement. Siplace customers will have access to expert know-how regarding all NPI processes and Siplace software solutions at the new Application Center.
Siemens also has application centers in Munich, Shanghai, Singapore and Norcross, GA.
WYLIE, TX – Global Innovation Corp., an EMS and PWB supplier, reported net sales fell 10% to $8.4 million as the company’s largest customer cut orders by $1.5 million. For the period ended Oct. 31, net income was $101,578, up 18% year-over-year.
At quarter’s end, liabilities exceeded assets. The company indicated plans to negotiate an extension for $4.2 million in convertible promissory notes owed to chief executive Brad Jacoby at 8% interest and due next September.
The company also has loans with Amegy Bank of Texas including two $2 million five-year term loans and a $5.5 million real estate loan.
Global Innovation has been known by several names through its history, including ESPO’s Inc. and Integrated Performance Systems. In 2004, a wholly owned subsidiary of the company performed a reverse merger with Best Circuit Boards, also known as Lone Star Circuits.
For the quarter, gross profit was $1.8 million, up 2.5%, on a two-point uptick in gross margins to 21%. Cash flow from operations was $474,750, up from $193,369 the prior year.
At quarter’s end, liabilities exceeded assets. The company indicated plans to negotiate an extension for $4.2 million in convertible promissory notes owed to chief executive Brad Jacoby at 8% interest and due next September.
The company also has loans with Amegy Bank of Texas including two $2 million five-year term loans and a $5.5 million real estate loan.
Global Innovation has been known by several names through its history, including ESPO’s Inc. and Integrated Performance Systems. In 2004, a wholly owned subsidiary of the company performed a reverse merger with Best Circuit Boards, also known as Lone Star Circuits.
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