JUAREZ, MEXICO -- Viasystems Inc. will expand its operations here, adding sheet metal fabrication capabilities to its backplane assembly and integration capabilities.
The company didn't disclose the amount of the investment, but said it will be made over a two-year period.
The company didn't disclose the amount of the investment, but said it will be made over a two-year period.
SAN JOSE – Flextronics reported fiscal first-quarter sales rose 27% to $5.16 billion, at the high end of analyst estimates. Net income was $107 million, up 27% from a year ago.
Operating margins were 2.5%. Inventory days fell five days
sequentially to 47 days.
ANGLETON, TX – EMS firm Benchmark Electronics today announced net income was $25.9 million for the second quarter, a 6% drop from the same period last year.
WASHINGTON, DC — Total factory-to-dealer sales of consumer electronics will surpass $160 billion in 2007, according to Consumer Electronics Association. The association’s semiannual U.S. Consumer Electronics Sales and Forecasts projects 8% industry growth for the year.
More than 60 companies contributed to this latest report, and coverage of existing product categories was expanded to include HDTVs, personal computers and cellular phones. Among new product categories are set-top boxes, next-generation DVD players, VoIP adapters, digital photo frames, smartphones and MP3 player speaker docks.
Accessories have emerged as a powerful booster to overall CE sales, says CEA. The association predicts accessory sales will reach almost $9 billion, with more than 317 million units shipped this year.
The largest contributor in terms of dollar sales continues to be display technologies, adds CEA. Forecasted to reach shipment totals of $26 billion, the display category, including flat screen digital TVs, continues to grow with more than 30 million digital televisions projected to ship by year's end.
The portable communications market will also grow substantially. CEA projects more than $20 billion will be spent on portable devices, an increase of 12% year-over-year. This is in part a result of consumer demand for devices that enable entertainment content and business applications on the go, says CEA.
The association claims smartphones, including the Apple iPhone, typify consumer demand for converged wireless capabilities, including e-mail, Internet browsing, instant messaging, and audio and video entertainment.
More than 60 companies contributed to this latest report, and coverage of existing product categories was expanded to include HDTVs, personal computers and cellular phones. Among new product categories are set-top boxes, next-generation DVD players, VoIP adapters, digital photo frames, smartphones and MP3 player speaker docks.
Accessories have emerged as a powerful booster to overall CE sales, says CEA. The association predicts accessory sales will reach almost $9 billion, with more than 317 million units shipped this year.
The largest contributor in terms of dollar sales continues to be display technologies, adds CEA. Forecasted to reach shipment totals of $26 billion, the display category, including flat screen digital TVs, continues to grow with more than 30 million digital televisions projected to ship by year's end.
The portable communications market will also grow substantially. CEA projects more than $20 billion will be spent on portable devices, an increase of 12% year-over-year. This is in part a result of consumer demand for devices that enable entertainment content and business applications on the go, says CEA.
The association claims smartphones, including the Apple iPhone, typify consumer demand for converged wireless capabilities, including e-mail, Internet browsing, instant messaging, and audio and video entertainment.
HAMPSTEAD, NH – P.D. Circuits Inc., a leading PWB distributor, has completed Phase 1 of its China PWB Supply Chain Management group development. In the program's first year, the company hired a group manager, registered the company, established an office in Shenzhen, and set up its initial China bare board inspection facility.
Since that time, P.D. Circuits has added an operations manager, a process engineer and QC inspectors. Two of the new employees have also certified to IPC-A-600G and initiated training and inspection visits to P. D.’s manufacturing partners.
Since that time, P.D. Circuits has added an operations manager, a process engineer and QC inspectors. Two of the new employees have also certified to IPC-A-600G and initiated training and inspection visits to P. D.’s manufacturing partners.
NEWARK, NY — EMS provider IEC Electronics Corp. reported third-quarter net profit rose 700% to $553,000, while sales jumped 110% to $11.2 million.
Fiscal year-to-date net profits are $579,000 on sales of $31.3 million. Both figures are up strongly over last year's revenue of $14.6 million and net loss of $137,000.
The company added 20 employees during the quarter, which ended June 29.
In a statement, chairman and CEO W. Barry Gilbert said order backlogs are "reasonably higher" than the $21.7 million figure reported at the end of fiscal 2006. Growth came from existing acounts; IEC did not add any new customers during the quarter.
