News
CALAMBA, PHILIPPINES – EMS firm Ionics Inc. is opening a design and prototype shop in the Silicon Valley.
The group, which has seven manufacturing plants in Calamba and Cabuyao, Philippines, and one in China, did not disclose the location.
Ionics EMS builds printed circuit boards for the telecom and other industries.
Ionics EMS reported first-quarter revenue of $21.4 million, up 19.9% year-over-year. Gross income was $1.1 million, compared to $260,000 in the same period last year. Net income was $13,000, reversing a net loss of $1.19 million in the same period last year.
IRVINE, CA -- Contract electronics manufacturer Probe Manufacturing swung to a net profit for its second quarter ended June 30 as its business benefited from larger orders and new customers.
ARLINGTON, VA -- Electronic component orders dipped in July after reaching a two-year high in June, raising questions over what the slowing means.
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