SHENZHEN -- Nam Tai Electronics today announced third quarter net income fell 27% year-over-year despite a 61% jump in revenue. The contract electronics manufacturer reported $18 million in profits on sales of $284.2 million for the period ended Sept. 30.
PATHUMTANI, THAILAND -- SVI Public Co. announced EMS sales fell 1% from last year to $68 million for the September quarter. Sales were up 13% sequentially on new customers and new audio/visual and medical programs.
SAN JOSE, CA – The global market for surface mount technology equipment is projected to reach $5.3 billion by 2018, driven by recovery in electronics and semiconductor industries, new products, and the growing need to upgrade older production lines, says Global Industry Analysts.
SAN MATEO, CA – Worldwide tablet shipments grew to 47.6 million units in the third quarter of 2013, up 36.7% year-over-year, and up 7% sequentially, says International Data Corp.
SPOKANE VALLEY, WA -- Key Tronic reported first quarter fiscal 2014 net income of $1.7 million, down 54% from a year ago on lower volumes. The electronic manufacturing services provider said revenue for the three months ended Sept. 28 were $78 million, down 20% year-over-year.
