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WILSONVILLE, OR -- Mentor Graphics today announced a new group of electronics design software developers and manufacturers dedicated to supporting its ODB++ data transfer format.
SINGAPORE – Electronics manufacturing services provider Venture Corp. reported fourth-quarter 2011 revenue of S$632.5 million, down 10.3% year-over-year and up 8.4% sequentially.
Fourth-quarter net profit was S$38 million, down 30% year-over-year and up 7.3% sequentially.
Full-year 2011 sales were S$2.4 billion, down 9.1% year-over-year.
The firm attributes the decline to the depreciation of the Singapore dollar.
2011 net profit was S$156.5 million, down 16.8% compared to 2010.
The company closed 2011 with net cash of S$309.1 million.
Venture anticipates improved traction with several customers in 2012, but is cognizant of the uncertainty of the global economy.
Ed: S$1 = US$0.7966
SAN JOSE – The 90-day moving average of semiconductor equipment orders at North America-based manufacturers was $1.18 billion in January, up moderately over the revised December numbers.
