SAN JOSE – Sanmina Corp. reported revenue of $1.43 billion for the second fiscal quarter ended Mar. 30, down 2.1% year-over-year, and down 4% sequentially.
ATLANTA -- The US has reached parity with Mexico as a preferred nearshoring location, and is positioned to compete with China even in terms of costs, new research asserts.
DANDERYD, SWEDEN -- EMS provider Note swung to a March quarter net loss on lower demand in all regions.
BILLINGSTAD, NORWAY -- Multinational EMS provider Kitron reported first-quarter profits plunged 86% to NOK 1.38 million ($236,000) on weaker demand in Europe and delays at its US operations.
FT. WORTH, TX -- A multi-million dollar renovation has begun on a former Foxconn building here now reportedly leased to Flextronics, according to local reports.
SAN JOSE — Despite a steep year-over-year drop in orders, North America-based semiconductor equipment manufacturers reported their highest book-to-bill ratio in more than two years as bookings rose faster than shipments in March.
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