News
ARENDAL, NORWAY -- Kitron will lay off between 50 and 100 workers at its facility here, the company's largest, according to published reports. The EMS company, which employs 1,100 to 1,200 workers worldwide, plans to cut up to 20% of the 500-person workforce at its site here.
MINNEAPOLIS -- HEI swung to a net profit despite a 25% year-over-year drop in revenue for its fourth quarter ended Dec. 28. The contract assembler reported sales of $8.59 million, down as a result of lack of follow-on orders for military radio system components due to delays and reductions in government procurement.
REDMOND, WA -- Data I/O reported a smaller fourth-quarter net loss despite lower sales. Net sales for the period ended Dec. 31 were 3.3 million, down 10.8% from 2012, while the net loss shrank 53% to $1.6 million.
Press Releases
- Scanfil and Etteplan deepen their strategic partnership into production testing
- NOTE receives order worth 132 MSEK and expands collaboration with customer within Security & Defence
- Kitron Strengthens Order Backlog with EUR 11 Million Contract for Defense Communication
- ZTEST Electronics Inc. Announces Transition to the OTCID Market
POPULAR
- Editorial Contributions
- Smarter SMT Starts at the Reel: How Splicing Kits are Powering Efficiency
- Verifying PCBA Cleanliness with Ion Chromatography
- Factors Contributing to Solder Ball Formation: A Guide
- Systematic Troubleshooting in Electronics Assembly: A Case Study in Solder Balling and Process Optimization