News
TORONTO -- SMTC today reported a 14% year-over-year drop in revenue, citing seasonality and severe winter weather affecting an industrial sector customer. The net loss for the March quarter was $1.1 million, an improvement over a $7.7 million loss in the fourth quarter but down from a profit of $1.17 million last year.
SAN MATEO, CA – Worldwide tablet plus 2-in-1 shipments were 50.4 million units in the first quarter of 2014, up 3.9% year-over-year, and down 35.7% sequentially, says IDC.
SAN JOSE – Flextronics reported fourth-quarter net sales were $6.7 billion, up 27% year-over-year, above previous guidance.
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