News
MELVILLE, NY, Dec. 15 -- Components distributor Nu Horizons Electronics Corp. today said it has expanded its agreement with Clare Inc. to cover sales of solid-state relays and high voltage ICs in Asia.
The new deal covers Malaysia, China, the Philippines, Singapore and Thailand.
The companies have an existing pact covering North America distribution.
"Nu Horizons has built a successful demand creation model and stable Asian distribution program, which were the two key factors in expanding our partnership," said Mark Heisig, vice president and general manager of Clare. "We look forward to collaborating to improve our product design capabilities, while broadening our global distribution network."
LAFOX, IL, Dec. 17 -- Richardson Electronics has acquired assets from Evergreen Trading Co. Ltd., a distributor of power components in China.
"Evergreen has been able to realize exponential growth in the Chinese power conversion market through their longstanding relationships with customers in the UPS and industrial markets," said Murray Kennedy, executive vice president and general manager of Richardson's Industrial Power Group, in a statement.
Richardson provides power components.
Evergreen supplies power components and devices to small- to medium-sized companies in China.
SAN JOSE, Dec. 17 -- Sanmina-SCI Corp. said it will delay filing its Form 10-K for the fiscal year ended Oct. 2, and may revise its results to include a charge of up to 3 cents a share.
In a press release today, the EMS company said the delay stemmed from the need to review accounts at one of its plants.
The company said it had substantiated the questionable accounts but that its independent auditor had yet to sign off.
The company said it filed for a 15-day extension for the 10-K. It expects to file by the end of the calendar year.
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