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TAIPEI – Quanta Computer, Compal Electronics and Wistron all reported sequential revenue increases in October, while Inventec fell slightly, say published reports.
Quanta reported consolidated revenues of $2.24 billion for the month, up 19.3% sequentially, but down 1.3% year-over-year. The firm shipped four million notebooks in October.
Quanta's revenues for the first ten months were $20.18 billion, up 11.6% compared to the same period last year.
Compal reported a record consolidated revenues of $1.43 billion for October, up 2% compared to September, and up 2.13% compared to the same month last year.
The firm’s revenues from January to October were $11.1 billion.
Wistron said consolidated revenues for the month were $1.63 billion, also a record, up 7.4% sequentially. The company’s October revenues surged 64.83% year-over-year.
Inventec reported revenues of $1.17 billion, down 4.72% sequentially; however, with substantial notebook orders from Toshiba, combined revenues from January to October reached $8.62 billion, up 51.36% compared to the period last year.
BANNOCKBURN, IL — A new guidebook that covers the European Union's registration, evaluation, authorization and restriction of chemicals (REACH) regulations has been released by IPC.
The document was developed at the direction of an IPC task force to combat "a widespread lack of awareness and understanding of REACH within the industry."
"REACH & the Electronics Industry Supply Chain: The Basics, the Impact and How to Survive," includes a timetable of activities and a review of REACH implications and obligations for each segment of the supply chain.
The deadline for REACH preregistration is Nov. 30.
For information, visit the IPC bookstore at ipc.org/onlinestore.
The document was developed at the direction of an IPC task force to combat "a widespread lack of awareness and understanding of REACH within the industry."
"REACH & the Electronics Industry Supply Chain: The Basics, the Impact and How to Survive," includes a timetable of activities and a review of REACH implications and obligations for each segment of the supply chain.
The deadline for REACH preregistration is Nov. 30.
For information, visit the IPC bookstore at ipc.org/onlinestore.
BREST, FRANCE -- Roughly 300 employees at Jabil Circuit's plant here went on strike last Wednesday to protest the site's possible closure, according to published reports.
As reported by Ouest France, Jabil has indicated plans to close, sell or otherwise restructure the plant. The paper reported the site’s revenues are 25% below expectations.
Jabil acquired the site and its then 700 employees from Alcatel in 2002.
As reported by Ouest France, Jabil has indicated plans to close, sell or otherwise restructure the plant. The paper reported the site’s revenues are 25% below expectations.
Jabil acquired the site and its then 700 employees from Alcatel in 2002.
HELSINKI — Nokia Siemens Networks will
lay off 1,250 employees in Finland and Germany as part of a previously
announced cost-cutting plan. The cuts bring the total to 7,250 workers sacked since June 2006.
MONTREAL -- Nortel Networks today said it would cut about 1,300 jobs between now and 2009 after reporting a $3.41 billion loss in the September quarter, including a noncash charge of $3.21 billion for goodwill
and deferred tax assets.
Among those losing their jobs are chief technology officer John Roese, global services president Dietmar Wendt and executive vice president global sales Bill Nelson.
The company is instituting a series of wage and spending freezes as well in an effort to preserve cash.
Among those losing their jobs are chief technology officer John Roese, global services president Dietmar Wendt and executive vice president global sales Bill Nelson.
The company is instituting a series of wage and spending freezes as well in an effort to preserve cash.
SON, THE NETHERLANDS – Neways Electronics, a top 50 global EMS provider, signed a letter of intent to acquire parts of Bosch Security Systems' operations in Breda, the Netherlands, for an undisclosed amount.
The transaction is expected to be directly and immediately accretive to earnings.
The deal includes 40 full-time workers at the Bosch plant. The acquisition also includes a limited number of fixed assets and inventories.
The move substantial expanded Neways’ activities in communication and data security.
Neways has 2,250 employees and reported sales of 281 million euros in 2007.
JACKSON, MI -- Electronics manufacturing services provider Sparton Corp. today announced Cary B. Wood as its chief executive, effective Nov. 24.
MANKATO, MN -- Winland Electronics reported third-quarter net sales of $7 million, down 29% from 2007. Net income was $118,000, down 76%. Sales were affected by a drop in demand from two of the company’s
three largest customers and the phaseout of two
other programs.
BREDA, HOLLAND – Cobar Europe has promoted Manfred Bult to chief operating officer, effective immediately.
Bult will report to Stan Renals, who has been promoted to chief executive officer.
Bult has been with Cobar BV since 1995, where he has served as director of order processing and procurement since 2003.
Cobar Europe, part of the Balver Zinn Group, is a global supplier of solder, solder paste, solder fluxes and related materials.
COLORADO SPRINGS, CO — Fine Line Stencil, a leading manufacturer of stencil products, has opened a stencil manufacturing facility in Memphis, the company said today.
The site will meet demand for quickturn stencils, and gives the company the ability to ship stencils up to midnight Central time.
“The quickturn demands on the contract manufacturing industry are increasing rapidly and our Memphis facility gives us the ability to accept and ship stencil orders much later in the day,” said Robert Dervaes, vice president of technology and engineering, in a press release.
Fine Line Stencil is a division of FCT Assembly.
The site will meet demand for quickturn stencils, and gives the company the ability to ship stencils up to midnight Central time.
“The quickturn demands on the contract manufacturing industry are increasing rapidly and our Memphis facility gives us the ability to accept and ship stencil orders much later in the day,” said Robert Dervaes, vice president of technology and engineering, in a press release.
Fine Line Stencil is a division of FCT Assembly.
SINGAPORE– Venture
Corp. Ltd., the world's 15th largest EMS company, reported third-quarter revenue rose 3.2% year-over-year to S$965.6 million. In US dollar terms, revenues were up 13.8% to $698 million for the quarter ended Sept. 30.
NAMPA, ID -- MPC Corp., one of the world's largest PC makers, today filed for Chapter 11 bankruptcy protection. The company has been delisted from the NYSE and says it doesn't expect equity holders to receive any distributions in conjunction with the bankruptcy cases.
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