SAN JOSE, CA – Sanmina Corp. reported fiscal second-quarter revenue ended Mar. 29 of $1.48 billion, up 3.5% year-over-year, and up 2% sequentially.
SAN DIEGO – KIC says effective immediately the SlimKIC 2000 and KIC Explorer lines of profilers are no longer available for sale.
BILLINGSTAD, NORWAY – Kitron reported first-quarter 2014 revenues of NOK 435.8 million, up 15.2% year-over-year.
GOLDEN, CO – Creation Technologies has relocated its Colorado design center to a larger facility here. The 16,000 sq. ft. center features dedicated labs for each of Creation's engineering disciplines, including optical and imaging, electrical, mechanical, industrial, fluidics and software development.
MALMO, SWEDEN – PartnerTech posted net sales in the first quarter of 2014 of SEK 548 million, down 1% year-over-year. The contract electronics manufacturer reported a post-tax loss of SEK 2 million, compared to profit after tax of SEK 2 million in the same period last year.
SAN JOSE – North America-based manufacturers of semiconductor equipment posted $1.28 billion in orders worldwide in March, up 16.1% year-over-year, and down 1.2% sequentially, says SEMI. The figures are based on a three-month average basis.
GLENVIEW, IL – Illinois Tool Works today reported first-quarter 2014 revenues up 4% year-over-year to $3.6 billion. Operating income increased 16% to $667 million.
FREMONT, NH – The SMTA Boston Chapter is hosting a plant tour at the Precision Placement Machines facility here Apr. 22.
CHIHUAHUA, MEXICO -- Continued layoffs are expected at SMTC's manufacturing site here as the company attempts to make the operation more efficient and cost-effective.
LONDON -- The past decade has not been kind to Western makers of electronics equipment, as market share of world production has fallen from 67% to 40% during that span, a new research report says. While the West will continue to experience anemic growth over the next couple years, however, even China will see its share slip.
WOMBORNE, DORSET, ENGLAND -- Electronics Technicians Ltd. has completed its acquisition of electronics design house Eagle Techniques, announced last year. Eagle has relocated its staff to ETL's 12,000 sq. ft. site at the Ferndown Industrial Estate.
DALLAS -- The EMS and ODM market will grow to $367.6 billion in 2015, up from 1% from 2013, according to a new report. ReportsnReports values the EMS/ODM market at $363.8 billion as of 2013.
The mobile phone market has the largest growth potential in the EMS and ODM industry over the next five year, the firm said. Growth in EMS and ODM manufacturing of communication terminals is expected to jump 14.3% from $30.8 billion in 2013 to $35.2 billion in 2017.
"The success of Xiaomi, which focuses on marketing and brand promotion while entirely outsourcing manufacturing to its contract vendors, propels EMS and ODM services. Xiaomi's remarkable achievement [will] stimulate a large number of mobile phone companies to follow suit, which opens a wide space for EMS and ODM vendors."
The firm also sees potential outsoucing ahead for major handheld OEMs such as Samsung and LG.