News
Thief River Falls, MN - Digi-Key signed an agreement to globally distribute SMC’s pressure switches, vacuum switches, digital pressure regulators, digital flow switches and accessories. The parts are available directly from Digi-Key.
TORTOLA, BRITISH VIRGIN ISLANDS --
Bonso Electronics International, a maker of sensor and communications products, reported net sales rose 29.7% to $20.7 million for the three month period ended Sept. 30. Net income rose 98% to $483,000 during that time.
Prices for oil, raw material and labor cut the gross profit margin from 19.7% to 18.9% in the quarter.
PHOENIX -- Electronics manufacturing solutions provider Suntron Corp. today reported an operating loss of $2.6 million on net sales of $70.6 million for its third quarter. The net loss increased $2.2 million to $3.7 million.
The results include $1.2 million of professional fees related to outstanding litigation and $1.1 million of restructuring charges related to severance, retention and lease exit costs tied to the closure of two U.S. manufacturing operations.
The results include $1.2 million of professional fees related to outstanding litigation and $1.1 million of restructuring charges related to severance, retention and lease exit costs tied to the closure of two U.S. manufacturing operations.
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