News
SAN JOSE, CA – Global EMS provider Sanmina-SCI Corp. reported revenue of $2.5 billion for the fourth quarter of 2007, flat with revenue in the third quarter, and down 7.4% year-over-year.
Year-end revenue was $10.4 billion, down 5.4% compared to 2006.
Net income for the fourth quarter was $10.2 million, compared to a net loss of $22.8 million sequentially, and a net loss of $2.1 million year-over-year.
Net income for the year was $22.8 million, down about 78% compared to the prior year.
Gross profit was $134.1 million, up 10.3% sequentially and 2.3% year-over-year.
The company expects first-quarter 2008 revenue in the range of $2.5 billion to 2.65 billion.
MANKATO, MN – Winland Electronics Inc., designer and manufacturer of custom electronic control products and systems, announced CEO Lorin Krueger’s resignation, effective Jan. 2, at which time he will aid the company’s board of director’s in identifying his successor.
SAN JOSE – Global microchip sales in September were $22.6 billion, an increase of 5.9% year-over-year, the Semiconductor Industry Association reports. Sales were up 5% sequentially.
Press Releases
- Innominds and SIIX launch SIIX-Innominds JV to offer full-stack ODM services in India
- Syrma SGS Technology, Ltd to Accelerate AI-Driven Manufacturing with implementation of analytics and AI solution from Arch Systems in partnership with NMTronics India
- TTCI and The Training Connection Strengthen Electronics Manufacturing with Test Services and Training at PCB West 2025
- SMTA “Members of Distinction” Awards Announced