News
RICHARDSON, TX – TXP Corp., ODM for the telecommunications industry, announced revenue of $3.3 million in the second quarter, an increase of 70% year-over-year.
Operating loss was approximately $1.1 million, an increase of about 39% year-over-year.
The increase in operating loss primarily reflects the hiring of Siemens' former ONT development team, the company reports.
The company says it increased its customer base from 89 to 117 during the quarter.
KINGS PARK, NY – PCB manufacturers will see global revenues grow to more than $76 billion in 2012, up from more than $50 billion in 2007, reports Visant Strategies.
A newly published report, “Printed Circuit Board: World Outlook,” reviews industry changes and success story case studies.
Global revenues for PCBs are provided for many categories through 2012, such as HDI/Microvia PCBs; single, double and multi-layer PCBs; rigid, flex or rigid-flex PCBs; PCBs by end-product sector, and for PCBs using substrates such as Alumina, FR4, and Beryllium Oxide, among others.
The study is said to detail how regional shifts in PCB production and usage will continue through 2012. According to the report, the Asia-Pacific region will continue to expand in PCB production, as revenues for the region will increase by more than 60% from 2007 to 2012.
PHOENIX, AZ – Electronic component distributor Avnet Inc. reported net income of $124.7 million for the fourth quarter, up 53% year-over-year.
The company said revenue increased 17% to $4.24 billion year-over-year.
Avnet said it expects first-quarter sales of $4 billion to $4.2 billion.
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