News
MILPITAS, CA -- Solectron expects to meet or exceed its previous first-quarter revenue guidance of $2.6 billion to $2.8 billion. The EMS firm maintained its first-quarter earnings of 4 to 6 cents per share.
The announcement came despite a delay in implementation of a new supply chain management program with Cisco Systems.
The announcement came despite a delay in implementation of a new supply chain management program with Cisco Systems.
SAN JOSE -- Electronics manufacturing services
company Suntron Corp. has reached a
confidential settlement with Applied Materials, the company said. Applied agreed to
pay Suntron an undisclosed sum in exchange for certain
Suntron inventory.
The companies also ended their other claims.
Suntron sued Applied in 2004, seeking damages related to more than $18 million in unused and obsolete inventory it had acquired to meet expected future demand from Applied.
In May, Suntron said that the Texas Supreme Court had cleared its litigation against Applied.
PALO ALTO, CA -- Agilent Technologies will acquire Acqiris SA,
a Switzerland based manufacturer of high-speed digitizers and analyzers for commercial,
industrial and government electronics. The transaction is subject to standard closing conditions.
Financial details were not disclosed.
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