Circuits Assembly Online Magazine - News

SPOKANE VALLEY, WA -- Key Tronic today said net income for its fiscal second quarter was $3.6 million, up 13% from 2012.

PHOENIX -- Assembly Plus, a low-volume contract assembler based here, has closed and will be sold at auction.

MINNEAPOLIS -- The SMTA today announced upcoming offerings of SMT certification programs in four states across the US.

GLENVIEW, IL -- Illinois Tool Works today reported fourth quarter sales at its Power Systems and Electronics unit of $737 million, down 1.2% from last year.

WESTLAKE, OH -- Nordson today named Joseph Stockunas group vice president for Electronic Systems, a new role within the company’s Advanced Technology Systems segment.

ELKHART, IN – CTS Corp. reported fourth-quarter revenues of $138.3 million, down 4% year-over-year.

SAN JOSE – Sanmina-SCI Corp. reported first-quarter revenue of $1.49 billion, down 0.67% year-over-year, and down 5.7% sequentially.

FRAMINGHAM, MA – The worldwide mobile phone market grew 1.9% year-over-year in the fourth quarter on strong holiday smartphone sales, says International Data Corp.

SHENZHEN – Nam Tai Electronics reported fourth-quarter 2012 net sales of $468.5 million, up 263% year-over-year.

BANGKOK -- Cal-Comp Electronics, the world's sixth largest EMS company, is expected to post strong profits growth on higher demand for consumer electronics.

WUZHOU, GUANGHXI ZHUANG, CHINA -- Apple reportedly has cut ties with one of its printed circuit board makers here following a spate of violations involving use of underage workers.