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.
SAN JOSE, CA – Flextronics reported second-quarter net sales ended Sept. 27 were at the high end of guidance at $6.41 billion, up 3.8% year-over-year.
HELSINKI -- EMS provider Scanfil reported third-quarter sales rose 4.5% from a year ago to EUR 50.4 million. Operating profit was up 53.2% to EUR 4.2 million, and net profit was up 78% to EUR 3 million for the period ended Sept. 30.
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