News
Taipei -- Hon Hai Precision is expected to retain its position as Taiwan's largest electronic manufacturer in terms of sales in the first quarter of this year, according to Chinese news source CENS. Following Hon Hai are Quanta Computer, Asustek Computer Inc., Compal Electronics Corp. and BenQ Corp.
Hon Hai expects $6.15 billion in sales in Q1, up 40% year-on-year. Quanta estimated it would see first-quarter sales grow 30% to reach $3.07 billion. Asustek projects 20% growth to $2.76 billion, and Compal said sales would rise 10% to $1.72 billion. Thanks to its merger with the handset unit of Siemens AG, BenQ is expected to snatch 80% annual growth in sales, hitting $1.47 billion.
Hon Hai expects $6.15 billion in sales in Q1, up 40% year-on-year. Quanta estimated it would see first-quarter sales grow 30% to reach $3.07 billion. Asustek projects 20% growth to $2.76 billion, and Compal said sales would rise 10% to $1.72 billion. Thanks to its merger with the handset unit of Siemens AG, BenQ is expected to snatch 80% annual growth in sales, hitting $1.47 billion.
Moorpark, CA -- Tier two EMS company CTS Corp. is establishing manufacturing operations in Matamoros, Mexico. Production is expected to start in mid-2006 and will focus on electro-mechanical and system integration.
The Matamoros facility marks the fourth EMS manufacturing site in North America, in addition to Moorpark and Santa Clara, CA, and Londonderry, NH. CTS has manufactured components and sensors in Matamoros for nearly 40 years.
The Matamoros facility marks the fourth EMS manufacturing site in North America, in addition to Moorpark and Santa Clara, CA, and Londonderry, NH. CTS has manufactured components and sensors in Matamoros for nearly 40 years.
ST. LOUIS -- LaBarge received a $2.3 million contract from BAE Systems to produce power control enclosure assemblies for the M113 armored personnel carrier.
The company expects production to begin in April and continue through Sept. 2006 at its Huntsville, AK, facility.
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