News
SAN JOSE -- Flextronics today reported record net sales of $5.4 billion for its third quarter, up 31% from a year ago. For the period ended Dec. 31, GAAP net income increased 183% to a record $119 million.
"Flextronics is aggressively taking market share and is in position to exceed its long-term financial goal of 15 to 20% year-over-year operating growth in calendar 2007," wrote analyst Carter Shoop of Deutsche Bank Equity Research in a research note last night.
"Flextronics is aggressively taking market share and is in position to exceed its long-term financial goal of 15 to 20% year-over-year operating growth in calendar 2007," wrote analyst Carter Shoop of Deutsche Bank Equity Research in a research note last night.
SPOKANE, WA -- Electronic manufacturing services firm Key Tronic Corp. reported December quarter revenue of $49.8 million, up 10% year-over-year.
Net income slipped from $1 million a year ago to was $300,000 for the December quarter, including a one-time charge of $940,000 for inventory and receivables reserves related to a customer bankruptcy.
Net income slipped from $1 million a year ago to was $300,000 for the December quarter, including a one-time charge of $940,000 for inventory and receivables reserves related to a customer bankruptcy.
SPOKANE, WA – A.C.E. Production Technologies has expanded to an 18,000 sq. ft. office and manufacturing facility. The move was prompted by growth fueled by an increase in systems sales of more than 500% in 2006, according to president Al Cable. Located in Spokane, the facility previously housed a circuit board contract manufacturing company and is fully equipped for ESD protection of circuit assemblies. A.C.E. manufactures batch load and in-line lead-free-capable selective soldering machines and support modules for electronics assembly.
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