Circuits Assembly Online Magazine - Features

DORSET, UK – Europlacer, designer and manufacturer of pick-and-place machines, announced the addition of Hexi Reflow Ovens to its product offering.

The Blakell Europlacer Group will also sell the Hexi products in France through its Europlacer Distribution subsidiary.

Hexi Electronics is a Chinese developer and manufacturer of reflow ovens.

The first purchase from UK CEM Northern Hitech has been made.

ATLANTA – UP Media Group today announced the launch of Virtual PCB, the industry's first virtual trade show and conference for the PCB design, fabrication and assembly markets. The premiere takes place Feb. 12-13, 2008.

TAIPEI — Three venture capital fund executives have been arrested on insider trading charges related to Jabil Circuit's acquisition of Green Point earlier this year.

WK Technology Fund chairman Ko Wen-chang, president Ho Cheng-ching and vice president Li Jung-hsun face a minimum seven years in prison and more than $16 million in fines, according to published reports. They also are charged with attempts to block the investigation, forgery and concealment of evidence.

Per the reports, officials claim the men made about $27.4 million from the buyout. The fund was a major shareholder of Green Point, and used subsidiaries to make massive purchases of Green Point's shares ahead of the sale, according to the investigation's chief prosecutor.

MACAO – EMS provider Nam Tai Electronics announced third-quarter sales fell 6.4% year-over-year on lower demand for telecom.

TORONTO – Top tier EMS provider Celestica Inc. reversed last year’s third-quarter loss, turning a profit of $51.5 million. Revenue slumped 13% to $2.08 billion, however.

STOCKHOLM – EMS provider Note reported third-quarter sales fell 7% year-over-year to SEK 389.9 million. Operating profit rose by 5% to SEK 28.1 million, while net profits were 18.9 million.