News
CALAMBA, PHILIPPINES – EMS firm Ionics Inc. is opening a design and prototype shop in the Silicon Valley.
The group, which has seven manufacturing plants in Calamba and Cabuyao, Philippines, and one in China, did not disclose the location.
Ionics EMS builds printed circuit boards for the telecom and other industries.
Ionics EMS reported first-quarter revenue of $21.4 million, up 19.9% year-over-year. Gross income was $1.1 million, compared to $260,000 in the same period last year. Net income was $13,000, reversing a net loss of $1.19 million in the same period last year.
IRVINE, CA -- Contract electronics manufacturer Probe Manufacturing swung to a net profit for its second quarter ended June 30 as its business benefited from larger orders and new customers.
ARLINGTON, VA -- Electronic component orders dipped in July after reaching a two-year high in June, raising questions over what the slowing means.
CUPERTINO, CA -- An alleged $1 million kickback scheme has snared a mid-level Apple executive and at least one offshore supplier.
IRVINE, CA – Henkel’s adhesive electronics business has relocated its headquarters to a new 75,000 sq. ft. facility here.
The building has been designed to accommodate the entire North American R&D team, consolidating staff and resources from three R&D sites under one roof.
The facility includes more than 30,000 sq. ft. of lab space.
The headquarters will house executive management, inside sales, global marketing, global product management, operations, finance, R&D, advanced research, human resource, IT and applications.
MANKATO, MN – Winland Electronics Inc. today announced second-quarter net sales of $5.1 million, down 10.5% year-over-year.
The firm reported a net loss of $822,000, compared to a net loss of $714,000 in the comparable quarter in 2009.
EMS sales for the quarter totaled $4.4 million, a decline of 12.5% compared to the same quarter last year.
EMS sales were up 18.5% sequentially over the $3.7 million the firm reported in the first quarter.
The company reported an operating loss of $205,000 in its EMS business for the quarter, versus operating income of $22,000 in the comparable period in 2009.
For the first six months of 2010, sales totaled $9.7 million, down 24.9% year-over-year.
Winland reported a net loss of $1.4 million in the first six months of 2010, versus a loss of $839,000 in the comparable period in 2009.
EMS sales during the first half of 2010 totaled $8.1 versus $11.4 million in 2009. Winland’s EMS business recorded an operating loss of $248,000 versus an operating profit of $628,000 last year.
Winland designs and manufactures custom electronic control products and systems.
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