Circuits Assembly Online Magazine - Features

ST. LOUIS -- Top 40 EMS firm LaBarge reported its fiscal third-quarter net profits fell 10% year-over-year to $3.7 million.

TORONTO -- SMTC Corp. today reported first-quarter net income fell to $700,000, a third of last year's level.

KEMPELE, FINLAND – PKC Group’s first-quarter consolidated net sales grew 59.3% year-over-year to EUR 96.9 million.

Profit for the period was EUR 7.6 million, up 370% compared to the first quarter of 2010.

Electronics manufacturing services sales rose 23.9% to EUR 18.7 million in the quarter. The operating profit was EUR 400,000, down from EUR 1.3 million in the year-ago period. Deliveries increased from last year, but fell sequentially as customers delayed projects.

PKC said certain electronics components remained scarce due to global industry growth, but Japan’s earthquake had no significant effect on its electronics business in the quarter.

PKC, which announced plans to acquire Segu’s wire harness operations in Eastern Europe and Germany, said it expects EMS sales to grow in 2011.

1 EUR = US$1.4638

JASPER, IN – Kimball International today reported EMS net income fell 71% year-over-year to nearly $3.2 million for the period ended March 31.

FRAMINGHAM, MA – First-quarter worldwide PC microprocessor shipments were up 7.4% year-over-year and 1.6% sequentially, says IDC.

IDC expects full-year 2011 shipments to rise 10.3% compared to 2010. 2011 revenue is expected to grow 17.6% to nearly $43 billion.

In the first quarter, Intel had 80.8% unit market share, while AMD had 18.9%, both flat sequentially.

Demand for the second half of 2011 looks good, the firm says. Japan’s “earthquake and tsunami had minor effects on the PC supply chain," said IDC’s Shane Rau. "However, the real near-to-mid term concern there is the effect on Japanese demand for PCs and so microprocessors."

By 2015, IDC expects that more than 13% of PC processors will be based on ARM architecture.

VELLINGE, SWEDEN -- Electronics manufacturing services firm PartnerTech reported a first-quarter net loss of SEK 4.3 million ($700,000), up 16% from a year ago.