BURNABY, CANADA – The founder and president of contract electronic manufacturer Dorigo Systems has acquired the business assets and operations of printed circuit board fabricator Enigma Interconnect.
SINGAPORE -- Halogen-free compounds might be "greener," but researchers are finding their metallurgical effects leave a lot to be desired.
JIANGXI, CHINA – Ryder Electronics will open a 280,000 sq. ft. manufacturing site here in 2012, with plans to eventually increase the size to 430,000 sq. ft.
GLENVIEW, IL -- Illinois Tool Works' Power Systems and Electronics segment today reported November quarter revenue rose 18% year-over-year, continuing a long recovery.
KARLSKOGA, SWEDEN -- Kitron will shutter its electronics manufacturing services plant here due to falling demand and the transfer of its largest customer to a company site in China.
SHANGHAI -- A gas explosion at a Pegatron-owned metal casing factory here injured 61 workers, putting 23 in the hospital, the company reported.
NEWBURYPORT, MA – Rochester Electronics and BAE Systems have partnered to add more than 250,000 solutions for end-of-life semiconductors used in military and aerospace applications.
Developed from Rochester's wafer and die bank inventory, the recreated semiconductor devices are manufactured with the authorization of the original semiconductor manufacturer, and are guaranteed to be form, fit and functional replacements that match the original semiconductor's performance.
BAE provides the Advanced Component Obsolescence Management product and obsolescence management services.
The partners have produced a “decoder ring” that translates Rochester wafer and die products to finished goods manufacturing part numbers. Rochester wafer and die storage lab stores more than 10 billion die.
No financial terms were disclosed.
MUNICH -- Global demand for surface mount placement equipment remained at a high level this fall, with North America and Europe making up for persistent shortfalls in China.
FRAMINGHAM, MA – Despite the continuing global macroeconomic problems, semiconductor inventory overbuild early this year, and current DRAM oversupply, semiconductor revenues will grow 3.1% to $305 billion in 2012, according to IDC.
FRAMINGHAM, MA – Worldwide media tablet shipments rose 23.9% sequentially in the third calendar, reaching 18.1 million units, according to IDC.
WESTLAKE, OHIO – Nordson Corp. reported record fiscal fourth-quarter sales of $331 million, up 14% year-over-year.
Fourth-quarter net income was nearly $55 million, up 2.1% compared to 2010. Sales included an 8% increase in organic volume and a 3% increase from acquisitions. Backlogs at the end of the quarter were up 2% to $131 million.
Quarterly sales increased at a double-digit rate in all segments and all geographies compared to the year ago period, the firm says. Adhesive Dispensing Systems segment sales were up 14%. Advanced Technology Systems segment sales grew 15%. Industrial Coating Systems segment sales increased 11%.
Nordson is the parent company of Asymtek, YesTech, Dage and EFD, among others.
Sales for fiscal 2011 were $1.2 billion, up 18% over 2010. Net income for the year was $222.4 million, up 32.3% year-over-year.
For the first quarter of fiscal 2012, sales are expected to be in the range of $270 million to $281 million. This sales outlook indicates growth will be in the range of flat to up 4% compared to the first quarter a year ago.
SUNNYVALE, CA — Rambus will team with the Industrial Technology Research Institute in Taiwan on the development of interconnect and 3D packaging technologies, the companies announced today.