MOUNTAIN VIEW, CA – Sales of high-precision dimensional metrology equipment to electronics manufacturers will rise 33.5% between 2012 and 2017 to $2.55 billion, new research predicts.
FRANKFURT -- German electronics industry investments abroad hit am all-time high in 2011 of EUR 57.2 billion, the Association of Electrotechnology and Electro-industry (ZVEI) announced today. The mark is nearly triple 2002 levels, ZVEI said.
PETACH-TIKVA, ISRAEL -- Electronics manufacturing services provider Nistec will acquire a majority stake in PCB fabricator Eltek for $6.3 million.
SCHAUMBURG, IL -- A subsidiary of Sparton has signed a definitive agreement to acquire certain assets and liabilities of flat panel display maker Aydin Displays, for an as-yet undisclosed amount.
UTICA, NY -- A US bankruptcy court yesterday set the rules for the asset sale of Endicott Interconnect Technologies, effectively bringing to a close the first chapter of the company's post-IBM history.
UTICA, NY — Endicott Interconnect Technologies' interim head told a bankruptcy court that the company has failed to turn a profit since 2008, and has continued to exist on the backs of loans and by cutting deals with vendors.
SIOUX FALLS, SD -- Raven Industries' net income and revenues fell in the second quarter as the company begins to transition toward more of its own end-products and away from an outsourcing model.
SAN JOSE, COSTA RICA – Zollner Elektronik will invest a reported $10 million to open a manufacturing plant here, according to local news reports. The German EMS company will greenfield a site, and will eventually employ some 200 workers within the next three years.
HAWTHORNE, CA -- OSI Systems reported fiscal fourth-quarter net income fell 26% year-over-year on restructuring and other one-time charges. Revenues at the contract electronics assembler and OEM fell 3% to $228 million.
MILPITAS, CA – SMTA and iNEMI said its two-day Medical Electronics Symposium will be held Nov. 12-13 here.
GARBSEN, GERMANY – LPKF reported year-over-year first-half revenue growth of 39% to EUR 70 million. The company’s EBIT doubled to about EUR 15 million compared to 2012.