News
SPOKANE, WA -- EMS provider Key Tronic reported fiscal fourth-quarter revenue of $52.5 million, up 13.1% sequentially and down 1.3% from the fiscal fourth quarter of 2005. Net income was $7.1 million, up from $917,000 sequentially and $2.8 million in Q4 2005.
For the fiscal year, revenue was $187.7 million, down 7.5%, and net income was up 55.2% to $9.8 million.
For the fiscal year, revenue was $187.7 million, down 7.5%, and net income was up 55.2% to $9.8 million.
Kortrijk, Belgium – IPTE has signed a Letter of Intent to perhaps acquire the EMS activities of Barco Manufacturing Services. The surface-mount division for sale has sites in Belgium and the Czech Republic and employs approx. 400 people. The group generated 60 million Euro in sales last year.
IPTE is looking to expand its Connect Systems activities, while Barco had previously announced a strategy to not invest further in subcontracting activity.
San Jose, CA - SiliconPipe has secured its first use license agreement, with a company that wishes to remain anonymous.
The new licensee will have access to the company’s full technology portfolio which includes innovations in interconnections, substrates, IC packages, connectors, sockets, embedded passives, test and ESD protection as well as novel memory architecture that the company believes will allow for standard DDR2 memory to operate at 12.8Gbps and beyond.
The new licensee will have access to the company’s full technology portfolio which includes innovations in interconnections, substrates, IC packages, connectors, sockets, embedded passives, test and ESD protection as well as novel memory architecture that the company believes will allow for standard DDR2 memory to operate at 12.8Gbps and beyond.
"We are extremely pleased that we were able to strike this first use agreement and we at SiliconPipe are looking forward playing a small role in the future of success of this pioneering company by way of their use of SiliconPipe technology," said co-founder and CEO Joseph Fjelstad. "We have previously licensed certain manufacturers, most notably the advanced assembly foundry NexGen Electronics to build products for user evaluation, but this represents the first company seeking to explore use and deployment of certain of SiliconPipe's diverse technology.”
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