TORONTO -- The decline at SMTC continued in the second quarter as the electronics manufacturing services provider swung to a net loss of $6 million, down from a profit of $2.8 million a year ago. Revenue in the June period slipped 13.6% year-over-year and 1% sequentially to $64.9 million.
MINNEAPOLIS -- Nortech Systems reported net income for the second quarter rose 49% from last year to $187,000. The EMS firm reported net sales of $28.5 million for the quarter ended June 30, up 1% from last year and 10% sequentially.
LAGUNA, PHILIPPINES – Integrated Micro-Electronics Inc. announced lower net income despite a jump in sales on strength in Europe and North America. The electronics manufacturing services provider reported net income fell 33% from last year to $2.1 million due primarily to lower capacity utilization in its China facilities.
HOUSTON – A group of leading electronics suppliers will host a series of cleaning, testing and reliability workshops in Texas next month.
SAN MATEO, CA – As expected, worldwide tablet shipment growth slowed in the second quarter according to preliminary data from International Data Corporation. Worldwide tablet shipments finally experienced a sequential decline as total volumes fell -9.7%.
MILPITAS, CA -- NBS this week completed its move into a new facility that expands floor space for its engineering and manufacturing operations by 50%. The Silicon Valley-based contract electronics manufacturer moved its manufacturing to Dixon Business Park here, a state-of-the-art facility of about 60,000 sq. ft.
LISLE, IL -- Molex has signed a definitive agreement to acquire fellow connector maker FCT Electronics Group for an undisclosed amount. The deal is pending governmental approval and is expected to close in the third quarter.
RICHARDSON, TX – An eBook on how to test DDR memory with non-intrusive JTAG or boundary-scan methods is available.
ST. LOUIS – Viasystems Group posted a net loss for the June quarter of $10.3 million, up from a net loss of $33 million a year ago, and a net loss in the previous quarter ended Mar. 31 of $13.3 million.
INDIANAPOLIS – ACE Production Technologies has opened a Midwest demo facility here inside an area EMS company.
LOUISVILLE, KY --
Sypris Solutions said its Electronics Group's sales fell 52% year-over-year as the impact of the US Defense Department sequestration took its toll. Revenues increased 6% sequentially to $7.7 million in its second quarter ended June 30, while the gross loss declined to $500,000.LOS ANGELES -- Ducommun reported sales in its EMS operations were essentially flat during the second quarter as demand for aerospace and defense products offset slowness in other end-markets. The Company’s DLT segment reported net sales for the period ended June 29 of $107.5 million, compared to $107.8 million in 2012. Defense electronics and commercial aerospace revenue increased 16.5%, offset by a 25.8% decline in the segment’s non-A&D revenue.