News
TAIPEI -- Wistron Corp. will buy Lite-On
Technology's monitor business for $300
million in cash, the company said Tuesday.
The deal covers inventory, equipment, IP and personnel, but no manufacturing plants.
Wistron said more acquisitions would be in the offing and the firm has plans to move some manufacturing to Vietnam.
SIEVI, FINLAND – EMS provider Scanfil reported first-quarter profits rose
16% from a year ago to 3.6 million euros despite a 4% drop in sales to 50
million euros. Operating profit rose 31% to 4.7 million euros.
KYOTO, JAPAN - The Omron Group reported fiscal 2007 net sales of 763 million yen, up 5.4% over last year. Net income rose 10.7% to 42.4 million yen.
Sales were boosted by the weaker yen and business acquisitions.
Operating income rose 5.2% to 65.3 million yen. EBITA from continuing operations fel 0.2% to 64.1 million yen.
Omron makes factory automation equipment and electronics and automotive components.
Sales were boosted by the weaker yen and business acquisitions.
Operating income rose 5.2% to 65.3 million yen. EBITA from continuing operations fel 0.2% to 64.1 million yen.
Omron makes factory automation equipment and electronics and automotive components.
