News
EL SEGUNDO, CA – Pricing has become the paramount concern for television makers, as the growing emphasis on achieving the lowest possible cost has brought wrenching changes to the competitive landscape and manufacturing structure of the business, says iSuppli Corp.
HONG KONG – Surface Mount Technology (Holdings) LTD. reported second-quarter revenue of HK $758,436, up 7% year-over-year.
Year-to-date revenue, ended Sept. 30, was HK $1.58 million, up 11.5% compared to the same period in 2006.
Gross profit for the second quarter was HK $108,773, an increase of 4.7% year-over-year, while gross profit in the first half of the year was HK $214,599, up 3.9%, the company said.
SMT said the growth in gross profit is lower than revenue growth mainly as a result of higher cost of sales resulting from higher raw material prices, wages, energy cost and depreciation charges.
US $1 = HK $7.7851
TAIPEI, TAIWAN – Arima Computer reported it will sell its notebook and server-related businesses to EMS provider Flextronics for $192 million.
Flextronics will procure all stocks of Arima's subsidiaries in Japan, Texas and California, and the UK for an extra $59.5 million.
The transaction is expected to be completed in the first quarter of 2008, Arima said.
Currently, Arima's clients, including HP and Dell, contribute around 330,000-350,000 units to notebook shipments each month, said the company.
Flextronics should expand the production capacity up to 500,000 units initially after the take over, while mass production will begin in the later half of 2008, Arima stated.
No other terms of the agreement were disclosed.
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