GOLDEN, CO -- Photo Stencil on July 12 filed for Chapter 11 bankruptcy protection, claiming net debt of more than $7 million spread across more than 200 creditors.
IRVINE, CA – Avnet named William Amelio interim CEO, replacing Rick Hamada, who is stepping down.
NORTHVALE, NJ – ADM Tronics Unlimited reported revenues for the fiscal year ended Mar. 31 were $4.5 million, up 58% year-over-year.
TABY, SWEDEN – Mycronic reported second quarter 2016 net sales of SEK 463 million ($54.6 million), up 62.5% year-over-year. EBIT for the quarter was SEK 106 million, compared to SEK 1 million in the same period last year.
BILLINGSTAD, NORWAY -- Kitron today reported second-quarter revenue rose 15% year-over-year to NOK 563 million ($67 million).
SAN FRANCISCO — Worldwide semiconductor equipment sales will be essentially flat this year before rebounding in 2017 according to SEMI's mid-year forecast.
TAIPEI – Foxconn reported consolidated revenues of $9.5 billion for June, down 4.3% year-over-year and up 3.3% sequentially.
TAIPEI – Pegatron Technology reported consolidated revenues of $2.9 billion for June, up 33.3% year-over-year and 40.3% sequentially.
SUZHOU, CHINA – Seica Electronics has doubled its local technical support team in the first half and expects to expand further in the near future.
FRAMINGHAM, MA – Worldwide PC shipments totaled 62.4 million units in the second quarter, down 4.5% year-over-year, says International Data Corp. The results beat the research firm's previous forecast of a 7.4% drop.
KELSO, SCOTLAND -- Plexus will invest $500,000 toward a new building to house component testing equipment for its manufacturing facility here.
SAN JOSE, CA – Jabil has completed the first phase of qualification of Invensas' Bond-Via-Array (BVA) interconnect technology.