HIALEAH, FL -- Simclar Inc., a contract electronics manufacturer, will restate its 2005 finances due to accounting errors in its Mexican operations.
The company stated that it is still investigating whether these errors will also affect its financial statements for the quarter ended March 31, 2006.
The company stated that it is still investigating whether these errors will also affect its financial statements for the quarter ended March 31, 2006.
SPOKANE, WA -- EMS provider Key Tronic reported fiscal fourth-quarter revenue of $52.5 million, up 13.1% sequentially and down 1.3% from the fiscal fourth quarter of 2005. Net income was $7.1 million, up from $917,000 sequentially and $2.8 million in Q4 2005.
For the fiscal year, revenue was $187.7 million, down 7.5%, and net income was up 55.2% to $9.8 million.
For the fiscal year, revenue was $187.7 million, down 7.5%, and net income was up 55.2% to $9.8 million.
Kortrijk, Belgium – IPTE has signed a Letter of Intent to perhaps acquire the EMS activities of Barco Manufacturing Services. The surface-mount division for sale has sites in Belgium and the Czech Republic and employs approx. 400 people. The group generated 60 million Euro in sales last year.
IPTE is looking to expand its Connect Systems activities, while Barco had previously announced a strategy to not invest further in subcontracting activity.
San Jose, CA - SiliconPipe has secured its first use license agreement, with a company that wishes to remain anonymous.
The new licensee will have access to the company’s full technology portfolio which includes innovations in interconnections, substrates, IC packages, connectors, sockets, embedded passives, test and ESD protection as well as novel memory architecture that the company believes will allow for standard DDR2 memory to operate at 12.8Gbps and beyond.
The new licensee will have access to the company’s full technology portfolio which includes innovations in interconnections, substrates, IC packages, connectors, sockets, embedded passives, test and ESD protection as well as novel memory architecture that the company believes will allow for standard DDR2 memory to operate at 12.8Gbps and beyond.
"We are extremely pleased that we were able to strike this first use agreement and we at SiliconPipe are looking forward playing a small role in the future of success of this pioneering company by way of their use of SiliconPipe technology," said co-founder and CEO Joseph Fjelstad. "We have previously licensed certain manufacturers, most notably the advanced assembly foundry NexGen Electronics to build products for user evaluation, but this represents the first company seeking to explore use and deployment of certain of SiliconPipe's diverse technology.”
Oyster Bay, NY - EDGE-enabled handsets have never attracted the same levels of attention that technologies such as WCDMA and HSDPA have enjoyed. However, recent forecasts from ABI Research indicate that the worldwide EDGE handset market will reach 148 million shipments in 2006, representing 14% of the total mobile phone market.
Principal analyst Stuart Carlaw notes, "EDGE is downplayed in the market because it cannot really provide a mobile broadband experience and is therefore not seen as being at the cutting edge of cellular handset evolution; it is viewed purely as an evolutionary step on the GSM ladder, and industry attention is very much focused on the newer technologies. That view is further compounded by the fact that operators do not actively report EDGE numbers in the public domain."
"However," adds research director Jake Saunders, "This lack of general market attention belies the real importance of the role EDGE plays in delivering mobile services today and will play in the effective delivery of content in the network of tomorrow."
Apart from the sheer volume of handsets, ABI analysts believe that the industry as a whole should pay more attention to this market because it is the only choice for some carriers to support any type of near-acceptable mobile broadband experience, especially those with no 3G licenses or those waiting for 4G.
Carlaw adds, "When the prospects for EDGE are viewed in the context of next generation networks, its true value comes to light. The technology still represents the only viable choice for supporting seamless service delivery on a very wide area basis. Neither WiMAX nor LTE nor HSUPA will be rolled out with enough geographic coverage to guarantee minimum service requirements on a wide scale."
Principal analyst Stuart Carlaw notes, "EDGE is downplayed in the market because it cannot really provide a mobile broadband experience and is therefore not seen as being at the cutting edge of cellular handset evolution; it is viewed purely as an evolutionary step on the GSM ladder, and industry attention is very much focused on the newer technologies. That view is further compounded by the fact that operators do not actively report EDGE numbers in the public domain."
"However," adds research director Jake Saunders, "This lack of general market attention belies the real importance of the role EDGE plays in delivering mobile services today and will play in the effective delivery of content in the network of tomorrow."
Apart from the sheer volume of handsets, ABI analysts believe that the industry as a whole should pay more attention to this market because it is the only choice for some carriers to support any type of near-acceptable mobile broadband experience, especially those with no 3G licenses or those waiting for 4G.
Carlaw adds, "When the prospects for EDGE are viewed in the context of next generation networks, its true value comes to light. The technology still represents the only viable choice for supporting seamless service delivery on a very wide area basis. Neither WiMAX nor LTE nor HSUPA will be rolled out with enough geographic coverage to guarantee minimum service requirements on a wide scale."
ESCONDIDA, CHILE -- A workers' strike at the world's largest copper mine has pushed copper prices higher by 2% on the London Metals Exchange this week.
BHP's copper mine in Escondida, Chile, has slashed output to about 50% of capacity, the company said, following the August 6 walkout.
BHP's copper mine in Escondida, Chile, has slashed output to about 50% of capacity, the company said, following the August 6 walkout.
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