News
VANCOUVER, British Columbia -- Nam Tai
Electronics' fourth-quarter net sales were down 7.1% to $229.6 million from 2005.
For the period ended Dec. 31, the net loss was $2.3 million, down 118.3%. Sales were hurt by weakening demand from the telecommunications sector, plus pricing pressure.
For the period ended Dec. 31, the net loss was $2.3 million, down 118.3%. Sales were hurt by weakening demand from the telecommunications sector, plus pricing pressure.
LAKE FOREST, CA -- EMS firm
Probe Manufacturing today announced an annual blanket order for building and
testing electronics for Miyachi Unitek's fine spot resistance welders. No financial terms were disclosed.
"We welcome Miyachi Unitek as our newest customer, and are pleased to provide them with tested electronic assemblies for their fine spot resistance welders. Moving forward, the Miyachi Unitek and Probe Manufacturing teams will work together in focusing on improving quality and reducing the overall product cost to create additional markets," said CEO Reza Zarif in a statement.
"We welcome Miyachi Unitek as our newest customer, and are pleased to provide them with tested electronic assemblies for their fine spot resistance welders. Moving forward, the Miyachi Unitek and Probe Manufacturing teams will work together in focusing on improving quality and reducing the overall product cost to create additional markets," said CEO Reza Zarif in a statement.
ASSODIGITALE, ITALY– Alcatel-Lucent will sell its manufacturing activities in Geel, Belgium, to TBP Electronics BV. Terms include the transfer of all customer contracts, 319 employees and manufacturing assets. The deal is expected to close next quarter. No financial terms were announced.
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