Circuits Assembly Online Magazine - Current Issue

News

ATLANTA – ASYS Inc., the maker of automation equipment for electronics manufacturing, will represent Rehm Thermal System Solutions in Brazil. The representation includes sales and service, the company said in a press release.

ASYS maintains offices in Sao Paulo and Manaus, Brazil.

Germany-based Rehm provides reflow sytems, curring and drying ovens and customized thermal systems. IT has more than 1,800 reflow systems installed worldwide.

ASYS makes SMD board handlers, laser and label marking systems, depaneling systems and other equipment. It is also the parent company for EKRA.

TEMPE, AZ -- Finetech will offer Technical Product Trade's wire bonders in North America, the company said today. No financial details were disclosed.

Wessling, Germany based TPT makes benchtop manual and semiautomatic wire bonders.

PALO ALTO, CA -- H-P reported fourth-quarter net income of $1.7 billion, up fourfold from last year, on a sales jump of 7% to $24.6 billion. Demand was strong for PCs, printers, the company said.

The news was tempered by revelations that the Securities and Exchange Commission has launched a formal inquiry into the company's "pretexting" investigation, in which members of the H-P board reportedly authorized the gathering of information on other board members and company employees. It was later revealed that illegal means were used to gain the information.

Excluding one-time items, H-P said it would have earned $1.9 billion. Last year's results included $1.57 billion in restructuring charges.