SAN JOSE, CA -- Sanmina chief executive Hartmut Liebel is leaving the company, effective immediately, after just a year on the job, the EMS company said today. Executive chairman and cofounder Jure Sola will take over as chief executive, the firm added.
PATHUMTANI, THAILAND – SVI Public Co. reported second quarter net sales of THB 4.2 billion (US$132.5 million), up 2.5% year-over-year and 30% sequentially.
TAMPA, FL – Sypris Electronics reported revenues of $9.7 million in the second quarter, up 28.3% year-over-year and 11.5% sequentially.
SANTA CLARA, CA – Intel shared a new method for making transistors on semiconductors that could boost processor performance by up to 20%, its chief architect said.
IRVINE, CA – TopLine Corp.’s chief executive has filed for a US patent for a Pb-free solder column used in the manufacture of FPGA devices. The product has been developed in anticipation of RoHS requirements for Pb-free columns.
MILPITAS, CA – Lenthor Engineering reported second quarter revenue of $9.4 million, an increase of 13.3% sequentially.
SAN JOSE – In 2019, Flex had a 10% increase in renewable energy use year-over-year and a 20% safety incident rate reduction from 2018, according to the firm’s latest sustainability report, released today.
ELK GROVE VILLAGE, IL – SigmaTron reported fiscal fourth quarter revenues of $64.8 million, a decrease of 11.6% year-over-year. Sales have been improving month to month since May, however, the EMS company said.
MINNEAPOLIS – Nortech Systems reported net sales of $26.5 million for the second quarter, down 2.9% year-over-year.
MIAMI – Element Solutions acquired DMP Corp., provider of wastewater treatment and recycle and reuse solutions, for an undisclosed sum.
RIVERSIDE, CA – RiverSide Electronics, RiverStar, and RiverBend Electronics are now operating under a single brand: RiverSide Integrated Solutions.
TORONTO – SMTC is expanding its capacity in Mexico, but its other North American plants remain moderately full.