News
The PL-001-01-XX-0400-32 surface-mount technology heatsink for Dpac and D2pac is now available in a lead free version. The product is based on the placeiT technology that designs, simulates, produces and tapes special mechanical parts for surface mount technology, such as heatsinks, mechanical fixing systems and high current electrical connections for standard and custom applications.
The heatsink is based on the company's special copper alloy with a solderable surface. It is shipped in tape and reel (32 mm), weighs 4 grams and is 6.5 mm high. It is mountable with standard pick-and-place machines using standard nozzles.
The heatsink is placiT technology's first product for the mass marketplace. The company was formed in 2001 to solve a specific customer problem in an economic and automated way. The company is a cooperation of five European companies with experience in mechanics, electronics, magnetics and chemicals.
Copyright 2004, UP Media Group. All rights reserved.
Sanmina-SCI Corp. (San Jose, CA), an electronics manufacturing services (EMS) company, has reported financial results for its first quarter ended Dec. 27, 2003. The company also announced that it will begin searching for a new chief financial officer.
For the first quarter, Sanmina-SCI reported revenues of $2.97 billion, up 9%, from $2.73 billion in the fourth quarter, and up 17% from the first quarter last year.
The company reported adjusted pro forma net income of $26.2 million, or $0.05 adjusted pro forma diluted earnings per share, compared to $14.0 million, or $0.03 per share in Q4, and $6.8 million, or $0.01 per share, for the same period last year. Cash provided by operations was approximately $110 million for the first quarter.
Sanmina-SCI also reported $1.2 billion in cash and short-term investments. At quarter-end, the company reported a current ratio of 1.9, working capital of $2.1 billion and shareholders' equity of $3.3 billion.
Jure Sola, chairman and chief executive officer of Sanmina-SCI, said, "Clearly we are seeing a positive trend across all of our end-markets, orders have been increasing more steadily, and our customers are talking with a more positive and upbeat tone...This quarter, we made further progress in our original design manufacturer (ODM) strategy, adding two design wins for server products with existing original equipment manufacturer (OEM) customers."
The company also announced that its chief financial officer, Rick R. Ackel, will be leaving the company to pursue other opportunities. Ackel has served as CFO since July 2000. Sanmina-SCI will begin a search for a new CFO and in the interim Sanmina-SCI's controller, Mark Lustig, will serve as acting CFO.
Copyright 2004, UP Media Group. All rights reserved.
Digi-Key Corp (Thief River Falls, MN) has added Murata Electronics (Smyrna, Georgia), a global supplier of ceramic passive components, to its large vendor and product offering.
Mark Larson, president of Digi-Key, said "We are cataloging, and supporting with substantial inventory, nearly 2,000 Murata components including ceramic capacitors, trimmers, resonators, thermistors, filters, inductors and potentiometers."
Digi-Key will offer customers the full line of Murata's products. Digi-Key hopes to enhance Murata's diverse distribution strategy by increasing the manufacturer's position within a variety of markets.
Murata's distribution manager, Darryl Revenew, said, "By adding Digi-Key to our list of channel partners, we can offer greater value to our original equipment manufacturer (OEM) customers. With their focus on the design and engineering communities, customers are able to purchase our products with exceptional turnaround time and superior service."
With close ties to the design and engineering communities, Digi-Key has established a strong client base focused on demand creation and is frequently sought after for sampling and fulfillment needs. Both companies will work closely to provide design enhancements (for existing and future products) to their customer base.
Digi-Key Corp.is a full service provider of electronic components. Its Website offers e online commerce capabilities along with 24/7 instant access to a broad-based, multi-million dollar product inventory. Murata Electronics is one of 47 wholly owned subsidiaries of the world organization Murata Manufacturing Co., Ltd. of Japan. Murata is a patent holder and global manufacturer of ceramic electronic components for the telecommunications, computer/peripheral, automotive, communications and EDP markets.
Copyright 2004, UP Media Group. All rights reserved.
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