Circuits Assembly Online Magazine - Features

TORONTO -- SMTC Corp., a mid-tier EMS provider, has begun building assemblies and perform final integration for an unspecified program for Telco Systems. No financial terms were announced.

Telco is a wholly owned subsidiary of BATM Advanced Communications, a provider of carrier-class transport and access gear for IP and TDM networks.

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SMTC is performing printed circuit board assembly and full chassis fabrication, integration and testing. Production began last quarter and will ramp to volume through the first quarter 2006.

SMTC is building assemblies in Toronto, and conducting chassis fabrication, PCBA integration, final test, and configuration in Boston.

ANGLETON, TX -- Benchmark Electronics reported sales of $625 million for its fourth quarter, up sharply from $524 million last year. Net income was up $4.5 million, to $24.7 million, for the quarter ended Dec. 31.

The company said it will expand its low-cost capacity while realigning elsewhere, specifically in in the U.K. It said it would take a $3.5 million to $4.5 million pretax charge for the closure of its U.K. facility.

ANAHEIM, CA – Valor Computerized Systems today named Ori Braun as president of its North American unit.

The announcement came on the eve of the Apex trade show.

PEMBROKE, BERMUDA – Tyco reported its Electronics Division had sales of $3.02 billion for its fiscal first quarter 2006, up 5% from last year. The division, one of three that split off from Tyco later this year, saw organic growth of 8%.

ANCHORAGE – The eruption of the Augustine volcano last week has sent ash clouds and steam over 40,000 ft. high in the Anchorage skies and has grounded cargo planes that use the the Alaska gateway.

The Augustine volcano erupted Jan. 27 and 28, spewing smoke and ash for miles. The volcano is located 180 miles southwest of Anchorage.

The eruption has caused air carriers to cancel flights from Asia and limit freight activity, and in some cases raise shipping rates.

SAN JOSE -- Worldwide semiconductor sales in December dropped 2.2% sequentially to $19.95 billion, but beat last year's total by 8.6%, the Semiconductor Industry Association said today.

Worldwide sales of semiconductors set a new record at $227.5 billion in 2005, up 6.8% from 2004. SIA also forecast strong growth for 2006.