SINGAPORE – Top 20 electronics manufacturing services provider Venture Corp. reported second-quarter profits fell 10.6% year-over-year to S$30.1 million ($23.7 million). The contract assembler cited higher income tax provision for the drop.
WOOD DALE, IL -- Alpha Electronics has closed and is being sold auction. The contract electronics manufacturer operated in a 15,000 sq. ft. plant here in the Chicago suburbs.
BANGKOK – Fabrinet reported fiscal fourth-quarter 2013 revenue of $159.9 million, up 12% year-over-year. GAAP net income for the quarter ended June 28 was $15.1 million, up 101% compared to the same period of 2012.
BANNOCKBURN, IL – North American printed circuit board production should see a return to modest growth of 0.9% by the end of 2013, according to a new report.
TAIPEI -- Foxconn (Hon Hai) reported consolidated revenue fell 1.7% year-over-year to NT$300.3 billion ($10 billion) in July on lower demand for PCs.
MILTON, NY – Sono-Tek has completed an expansion of its laboratory testing facility at its headquarters here.
POUGHKEEPSIE, NY -- Jabil is taking over certain operations inside IBM's plant here and will also take on an undisclosed number of IBM employees.
BANNOCKBURN, IL – A July IPC report shows that global EMS first-quarter sales were down in all regions compared to last year.
OXFORD, CT – Brian D’Amico has been appointed president of Mirtec’s Industrial Camera Division, ISVI.
NEWARK, NY -- IEC Electronics' net income fell 79% year-over-year in the June period but the EMS provider did reverse its loss from the previous quarter. For its fiscal third quarter ended June 28, the company reported revenue of $35,154,000, down 2.4% from a year ago.
IRVINE, CA -- Multi-Fineline Electronix saw fiscal third quarter net sales plunge, primarily due to lower sales to a key customer. The company swung to a net loss of $31.5 million, compared to net income of $3.8 million last year.
HELSINKI, FINLAND – PKC Group reported revenue decreased 4% for the June quarter, compared to the same period last year, totaling EUR 235.1 million.
