News
BANGKOK -- SVI Public Co. reported first-quarter consolidated revenues rose 30.4% year-over-year to 2,100 million baht ($64.8 million). Net income rose 14.3% to 256 million baht, the EMS company added.
The sales growth was due to demand for professional audio equipment and industrial controls.
Company executives said the first quarter is typically its most difficult and that visibility is improving for the remainder of 2014.
Ed.: $1= 32.4254 THB
TAIPEI -- Foxconn Electronics reported April consolidated revenues of $9.73 billion, up 0.92% year-over-year. Revenues were down 4.35% sequentially, the company said, and are up about 7% year-to-date.
The company cited seasonal effects of PCs, communication devices and consumer electronics for the revenue drop.
PHILADELPHIA -- ACI Technologies will host a two-day TechExpo next week at its training and demo center here. The event will feature several presentations and equipment demonstrations, highlighted by a talk on nanocoating stencils by Chrys Shea.
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