MINNEAPOLIS -- Nortech Systems today reported net sales of $29.3 million for the fourth quarter ended Dec. 31, up 17% over 2012. Net income slipped 12.7% to $241,000.
LAGUNA, PHILIPPINES — Integrated Micro-Electronics Inc. today announced that fourth-quarter revenues rose 19.1% to $198 million. Net income for the period was $745,000, up from $400,000 a year ago.
CANTON, MA – Two Boston area component assembly and their parent company filed for bankruptcy this week. MassMicroElectronics, a printed circuit board design and assembler, and AD-MicroAssembly, a design and component assembler, could be liquidated as a result, according to published reports.
EGHAM, UK — Worldwide sales of tablets to end-users reached 195.4 million units in 2013, up 68% year-over-year. Growth was fueled by the low-end smaller screen tablet market, and first time buyers; this led Android to become the No. 1 tablet operating system (OS), with 62% of the market, Gartner said.
FRAMINGHAM, MA – Worldwide PC shipments fell 9.8% in 2013, the most severe contraction on record, according to IDC. Worse, shipments are expected to decline another 6.1% in 2014 as the market continues to lose share to tablets and smartphones.
CHICAGO – Ellsworth Adhesives and Henkel are hosting a free technical workshop on lighting assembly- and board-level solutions for LED and lighting manufacturers here Apr. 9.
