BANNOCKBURN, IL – IPC has announced the winners of the Best US and International Papers of IPC Apex Expo 2012.
Taking top honors in the International category, the winning paper is “Lead-Free Selective Wave Solder Guidelines for Thermally Challenging PCBs,” by Ramon Mendez, DFM/process development engineer, Celestica, Monterrey, Mexico. His coauthors are Ismael Marin and Helen Lowe, also from Celestica.
MINNEAPOLIS – CyberOptics Corp. today reported fourth-quarter consolidated sales of $13.8 million, down a slight 1.43% compared to the same period in 2010.
The firm’s revenues exceeded previously announced revenue guidance of $12.8 million to $13.5 million.
Net income was $547,000, a drop of 43.7% year-over-year, consistent with guidance.
Operating income was $688,000, down 31.2% compared to last year's fourth quarter.
For full-year 2011, consolidated sales increased 7% to $61.1 million, reflecting sales increases of 31% for inspection systems and 37% for the WaferSense product family, which were partially offset by an 18% decline in sales of SMT and solar sensors.
2011 net income rose 39% to $4.4 million compared to 2010.
“Our fourth quarter results were driven by strong sales of inspection systems, which increased 57% during this period. Within this product category, sales of automated optical inspection systems, led by our best-in-class QX500, increased 84% to $4 million in the fourth quarter and by 118% to $15.7 million for the full year,” said Kathleen P. Iverson, CEO and chair.
ORLANDO – The SMTA International technical committee requests abstracts for SMTAI 2012, scheduled Oct. 14-18 here.
PARIS – Electronics manufacturing services provider Asteelflash reported revenues of $780 million for 2011, up 18% year-over-year.
IRVINE, CA – Probe Manufacturing said today it has received a long-term commitment from a telecommunication company to provide global electronics design and manufacturing services.
Probe shipped $275,000 in 2011 to this new customer and expects substantial growth in 2012.
No other financial terms were disclosed.
SAN JOSE -- Cisco is seeking a buyer for the former Scientific-Atlanta set-top box business, according to a published report.