WESTLAKE, OH -- Nordson reported record third-quarter net income of $55 million, up 130% year-over-year.
WEYBRIDGE, ENGLAND -- TT Electronics' EMS unit saw operating profits on higher sales in the first half, rising 20% from a year ago to 1.8 million pounds.
BANGKOK – Fabrinet announced fiscal fourth-quarter net income of $13.6 million, up 245% year-over-year.
ORADEA, ROMANIA – Plexus Corp. said it has resumed operations here, following last week’s fire.
The fire was isolated to administrative offices in one of two buildings, and occurred when unoccupied; no injuries or fatalities resulted from this incident.
The source of the fire appears consistent with an electrical failure, the EMS firm said.
SHENZHEN – Hon Hai Precision (Foxconn) will increase its China workforce 9% to one million this year, and another 20% to 30% in 2011.
The world’s largest contract electronics assembler plans to cut its Shenzhen-based workforce to between 300,000 and 350,000 staff within the next five years, down from 470,000 today, as it moves production inland to lower-wage provinces.
The company also expects to limit overtime to 36 hours per month, down from about 80 hours currently.
SPOKANE VALLEY, WA -- Key Tronic Corp.'s fiscal fourth-quarter net income jumped to $2.3 million, up from $300,000 in the year-ago quarter, the 26th straight quarter of profitability.
HAVERHILL, MA – DKN Research unveiled a new concept for ultra-thin connectors on high-density flexible substrates.
The firm has collaborated on research and development with Hirai Seimitsu Kogyo Corp. and NY Industries Ltd., resulting in a UTF connector series.
A series of functions have been developed, such as SMT soldering type, adhesive fixed type, hinge opening type, and a no soldering type. The concept model reportedly can be applied to all mounting methods.
The UTF connector has arrayed micro bumps inside a thin cover substrate hinged to the frame, permitting it to precisely align with the flexible substrate and securely connect with a PCB or electronic component.
A hook-type mechanism was added to a thin metal plate cover to provide uniform pressure on the back of the bump array; the connector can be mechanically locked onto the guide holes of a rigid PCB.
When a high-density flexible substrate is connected to a rigid PCB using the UTF connector series, the mounted height from the PCB surface is less than 0.3 mm.
Micro bumps are arrayed on UTF connectors, making larger bump pitches compared to the circuit density on the flexible substrate.
LOUISVILLE, KY -- Sypris Solutions reported second-quarter revenue at its Electronics Group fell by nearly half on program delays and ending contracts.
GUANAJUATO, MEXICO -- US EPA Chief Administrator Lisa Jackson declared yesterday that preventing e-waste and its irresponsible management was one of the Environmental Protection Agency’s top six newly announced global priorities.
PHOENIX -- FlipChip International has signed a patent license agreement and will buy polymer flux from Cookson Electronics, thus eliminating potential issues of patent infringement for component package manufacturers using the FCI’s Polymer Collar process.
TAIPEI -- Pegatron has publicly acknowledged a subsidiary paid certain “brokerage commissions,” but denied knowing if those payments are related to the Apple bribery case.
BANGKOK – Cal-Comp Electronics reported second-quarter 2010 revenue of $917.5 million, up 5% year-over-year.