SAN FRANCISCO -- Fabrinet today reported September quarter net income rose $500,000 over last year to $15.7 million, surprising industry watchers who thought the rampant flooding of two of its Thailand plants would have sunk profits.
ST. PETERSBURG, FL – Jabil’s Defense and Aerospace Services and Rockwell Collins’ technical support are teaming to support in-country manufacturing and support for KC-390 aircraft.
The firms will produce various systems and subsystems in Jabil’s production facilities in Brazil.
No financial terms were disclosed.
WATERTOWN, SD – Contract manufacturer OEM Worldwide said it has changed its name to Onyx EMS.
Onyx provides manufacturing of medical equipment, industrial equipment and controls, and network and telephone systems. The company anticipates further expansion in military, aerospace and smart grid markets.
Onyx is also completing an $11 million expansion and improvement project to their manufacturing and engineering facilities over the next four years. The company broke ground on a 50,000 sq. ft. expansion to their headquarters in September. The expansion will double the company’s system-build and warehousing capacity.
The firm also plans to upgrade and replace automated printed circuit board assembly equipment to increase current manufacturing capacity and prepare the company for expansion.
Last February, the company opened a Twin Cities technical sales office in Minneapolis. Onyx expects to add up to an additional 140 technically skilled jobs to its board assembly, test and high-level assembly operations.
CHANDLER, AZ – Amkor Technology said it would convert all of its 19mm through 31mm body size plastic ball grid array packages to pin-gate molding over the next few years.
FRAMINGHAM, MA – Third-quarter worldwide PC microprocessor revenues went up 12.2% sequentially and 16.1% year-over-year, to $10.7 billion, says IDC.
On a shipment basis, the PC microprocessor market rose 6.7% compared to the second quarter and increased 5.2% compared to the third quarter of 2010.
“The average selling price that brand vendors pay for PC microprocessors rose more than 5% in the third quarter of 2011,” said Shane Rau, director of semiconductors: personal computing research at IDC. “And it was the eighth quarter in a row that ASPs rose. Clearly, Intel's Sandy Bridge and AMD's Fusion microprocessors with integrated graphic processors are rising in each company's product stack and driving the price increase. At the same time, low-end processors, notably Intel's Atom processors, are declining as a percentage of the unit mix.”
Processors with IGP rose to 73% of total PC processor shipment volume in the third quarter, the firm notes.
For the quarter, Intel earned 80.2% overall worldwide shipment market share, a gain of 0.9 percentage point sequentially. Meanwhile, AMD earned 19.7%, a loss of 0.7 percentage point compared to the second quarter. VIA Technologies earned 0.1%, a loss of 0.2 percentage point.
Intel earned 82.3% share in the mobile PC processor segment, a loss of 2.1 percentage points. AMD finished with 17.6%, a gain of 2.4%, and VIA earned 0.1%.
In the PC server/workstation processor segment, Intel finished with 95.1% market share, a gain of 0.6 percentage point, and AMD earned 4.9%, a loss of 0.6 percentage point.
In the desktop PC processor segment, Intel earned 75.8%, a gain of 4.8 percentage points, and AMD earned 24.1%, a loss of 4.8 percentage points.
ANAHEIM, CA -- Multi-Fineline Electronix reported fiscal fourth-quarter net income fell 61% to $2.4 million on $2 million in restructuring costs and slower sales.
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