News
KUALA LUMPUR – Unisem, a maker of semiconductor test and packaging equipment, announced record revenue of $90.9 million for the third quarter, up 70.9% year-over-year. The company’s net profit ($9.23 million) grew 73.7% year-over-year.
Sequentially, sales were up 89%, while net profit increased 12%.
The significant upsurge in revenue was attributed to increased sales volume, revenue and profit contribution from Unisem Mauritius (formerly known as Advanced Interconnect Technologies Ltd.) after the acquisition in July, higher capacity utilization, and significant reduction in operating losses from both its China and European subsidiaries.
Year-to-date, the group recorded revenue of $182.9 million, an increase of 17.6% year-over-year.
Year-to-date net profit was $18.2 million, a 10.4% increase year-over-year.
John Chia, group managing director said, “Unisem expects the group’s revenue and earnings to improve further … the business of the group will remain strong in the fourth quarter.”
Sequentially, sales were up 89%, while net profit increased 12%.
The significant upsurge in revenue was attributed to increased sales volume, revenue and profit contribution from Unisem Mauritius (formerly known as Advanced Interconnect Technologies Ltd.) after the acquisition in July, higher capacity utilization, and significant reduction in operating losses from both its China and European subsidiaries.
Year-to-date, the group recorded revenue of $182.9 million, an increase of 17.6% year-over-year.
Year-to-date net profit was $18.2 million, a 10.4% increase year-over-year.
John Chia, group managing director said, “Unisem expects the group’s revenue and earnings to improve further … the business of the group will remain strong in the fourth quarter.”
DALLAS – Titan Global Holdings will acquire the assets of EMS provider Nexus Nano Electronics in an equity-based transaction conducted through a third-party investment group.
HERNDON, VA – The International Electronics Manufacturing Initiative announced publication of Lead-Free Electronics: iNEMI Projects Lead to Successful Manufacturing.
The book, published by Wiley-IEEE Press, is based on results of iNEMI’s six years of study into lead-free electronics, and covers implementation issues of Pb-free solder into board assembly, iNEMI says.
“The iNEMI book is the first practical, primary reference to cover lead-free solder assembly, as well as the analysis and reasoning behind the selection of tin-silver-copper as the recommended lead-free solder,” said Jim McElroy, iNEMI CEO. "Data from several large reliability studies, including rework on standard and large boards, demonstrated the manufacturability of the recommended solder.”
The book features chapters by industry experts on Pb-free processing and covers such topics as solder material properties, reliability testing, lead-free rework, and tin whisker mitigation strategies.
The 472-page book sells for $99.95 and can be purchased through the Wiley-IEEE Press website at http://www.wiley.com/WileyCDA/WileyTitle/productCd-0471448877,miniSiteCd-IEEE2.html.
The book, published by Wiley-IEEE Press, is based on results of iNEMI’s six years of study into lead-free electronics, and covers implementation issues of Pb-free solder into board assembly, iNEMI says.
“The iNEMI book is the first practical, primary reference to cover lead-free solder assembly, as well as the analysis and reasoning behind the selection of tin-silver-copper as the recommended lead-free solder,” said Jim McElroy, iNEMI CEO. "Data from several large reliability studies, including rework on standard and large boards, demonstrated the manufacturability of the recommended solder.”
The book features chapters by industry experts on Pb-free processing and covers such topics as solder material properties, reliability testing, lead-free rework, and tin whisker mitigation strategies.
The 472-page book sells for $99.95 and can be purchased through the Wiley-IEEE Press website at http://www.wiley.com/WileyCDA/WileyTitle/productCd-0471448877,miniSiteCd-IEEE2.html.
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