News
TAIPEI -- Hon Hai Precision Industry (Foxconn) reported June revenue rose 19.1% year-over-year to NT$128 billion ($3.9 billion).
MAMLO, SWEDEN -- Top 40 EMS firm PartnerTech reported second-quarter net sales fell 25% year-over-year to SEK 519.5 million ($66.1 million).
MELVILLE, NY – Electronics components distributor Nu Horizons Electronics reported first-quarter fiscal 2010 net sales of $147.8 million, down 26.2% year-over-year.
The net loss for the quarter was $944,000, compared to net income of $1.15 million in the first quarter of the prior year.
Sequentially, net sales decreased 2% year-over-year, from $150.77 million for the fourth quarter of fiscal 2009.
Sequentially, the actives segment saw sales grow $4.83 million (13.2%) in Asia and $445,000 (2.5%) in Europe, offset by a $6.9 million (8%) decline in North America.
Gross profit for actives decreased 29.8% compared to the prior comparable period, and 9.6% sequentially. Gross profit passives dropped 44.9% year-over-year and 14.3% sequentially.
The net loss for the quarter was $944,000, compared to net income of $1.15 million in the first quarter of the prior year.
Sequentially, net sales decreased 2% year-over-year, from $150.77 million for the fourth quarter of fiscal 2009.
Sequentially, the actives segment saw sales grow $4.83 million (13.2%) in Asia and $445,000 (2.5%) in Europe, offset by a $6.9 million (8%) decline in North America.
Gross profit for actives decreased 29.8% compared to the prior comparable period, and 9.6% sequentially. Gross profit passives dropped 44.9% year-over-year and 14.3% sequentially.
RENTON, WA — Microscan and Cogiscan have signed a long-term deal covering several initiatives ranging from joint product development to cross-selling of each company’s products.
TAIPEI -- Flextronics is upping the ante in the notebook PC wars, as the EMS firm reportedly is set to add 1,500 workers to its Taiwan-based unit.
TAIPEI -- Compal Electronics shipped 7.9 million laptop PCs in the second quarter, up 25% sequentially and beating company forecasts.
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