ELKHART, IN – CTS Corp. reported fourth-quarter net earnings rose 2.7% to $7.7 million on a 1% hike in revenues to $173.5 million.
Revenues were boosted by a 17% increase in EMS sales to the defense/aerospace, medical and communications markets, the company said. Components and Sensors sales increased 5%, primarily for automotive products. Sales were partially offset by weakness in electronic component demand and lower component sales for handset applications, CTS reported.
ATLANTA – Mentor Graphics VP and GM Henry Potts’ PCB Design Conference West keynote is now available for free online.
In his talk, Cross Currents: Where PCB Design Meets ICs and Hardware, Potts discusses industry trends such as company and market globalization, outsourcing and new manufacturing technologies.
The 45-minute Webinar was originally presented at PCB West in March and is suitable for engineers, corporate managers, sales and marketing professionals and researchers.
TAIPEI – Foxconn Electronics (Hon Hai Precision Industry) reported another stellar first quarter, with net earnings of $15.6 billion, up 48.9% year-over-year.