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SAN JOSE -- EMS giant Sanmina-SCI's problems continued in the September quarter as earnings fell by $20 million on a 1.8% drop in revenue, to $2.71 billion. The company reported a net loss of $28.1 million, down from a loss of $8 million a year ago.
For fiscal 2006, revenues decreased 6.6% to $11 billion on weakness in its computing businesses, for which sales to existing customers fell $772 million. Other decreases included a $262 million drop in enclosures sales and a $186 million fall in storage systems. The net loss fell to $141.6 million, from a loss of $1.03 billion in fiscal 2005.
For fiscal 2006, revenues decreased 6.6% to $11 billion on weakness in its computing businesses, for which sales to existing customers fell $772 million. Other decreases included a $262 million drop in enclosures sales and a $186 million fall in storage systems. The net loss fell to $141.6 million, from a loss of $1.03 billion in fiscal 2005.
EL SEGUNDO, CA – Sales of electronics equipment will maintain growth rates this year, as global revenue will rise 6.7% to $1.47 trillion in 2007. iSuppli (isuppli.com) predicts. The research firm estimates sales rose 6.6% last year.
Data processing will be the fastest-growing segment, comprising some 28.8% of total electronics revenue. The sector is expected to grow 9.1% to $421.7 billion in 2007. Wired communications expand 7.2% $101.4 billion. Consumer electronics will grow 6.4% to $327.2 billion, the firm says.
Higher unit shipments and average selling prices will boost PCs, datacom’s largest segment. PC shipments will rise 10.2% to 262.9 million units in 2007. Dual-core microprocessors and the availability of a Microsoft’s Vista will spur growth, says iSuppli.
Meanwhile, three other segments will decelerate. Wireless communications will cool considerably, predicts iSuppli, growing 4.9%, after expanding 8.7% last year. Automotive and industrial will grow 4.5 and 5.7%, respectively, down slightly from 4.8 and 7.5%.
Data processing will be the fastest-growing segment, comprising some 28.8% of total electronics revenue. The sector is expected to grow 9.1% to $421.7 billion in 2007. Wired communications expand 7.2% $101.4 billion. Consumer electronics will grow 6.4% to $327.2 billion, the firm says.
Higher unit shipments and average selling prices will boost PCs, datacom’s largest segment. PC shipments will rise 10.2% to 262.9 million units in 2007. Dual-core microprocessors and the availability of a Microsoft’s Vista will spur growth, says iSuppli.
Meanwhile, three other segments will decelerate. Wireless communications will cool considerably, predicts iSuppli, growing 4.9%, after expanding 8.7% last year. Automotive and industrial will grow 4.5 and 5.7%, respectively, down slightly from 4.8 and 7.5%.
VENTURA, CA - CoorsTek has acquired Gaiser Tool Co., a ceramic precision tooling manufacturer based in Ventura with operations in Tokyo. Established in 1962, Gaiser invented the alumina ceramic capillary in 1970 and developed "Process1800" to produce bottleneck-style ceramic capillaries in 1987. In a statement, CoorsTek said it will retain the Gaiser brand.
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