caLogo

Latest News

RONKONKOMA, NY -- API Technologies Corp. today reported record fiscal fourth-quarter revenue of $30.1 million, up 378% from 2009 on higher sales and acquisitions.

Read more ...

NEENAH, WI -- Electronics manufacturing services provider Plexus will temporarily suspend operations in one of its Oradea, Romania, plants after a fire broke out after hours.

Read more ...

TEKIRDAG, TURKEYFoxconn Technology Group said it would invest some $60 million to construct a plant here to produce desktop computers. 

Read more ...

WESTLAKE, OH -- Nordson Corp. has combined its Dage and Yestech subsidiaries into a single test and inspection group under the direction of Dage chief executive Stephen Kew.

Read more ...

ST. LOUIS -- Viasystems Group reported second-quarter sales in its Assembly segment were $43.7 million, up 21.3% sequentially, on strong demand in telecommunications.

Read more ...

PLZEN, CZECH REPUBLIC – Specialty Coating Systems has opened a 12,000 sq. ft. facility here to manufacture conformal coating, its tenth facility worldwide.

Read more ...

PALO ALTO, CA -- Hewlett-Packard chief executive and president Mark Hurd, credited by many for the computer giant's turnaround, has resigned after an in-house investigation found violations of company conduct standards.

Read more ...

DUSSELDORF, GERMANY -- Henkel said second-quarter sales increased 11.6% to 3.89 billion euros. Organic sales, after adjusting for foreign currency exchange and acquisitions and divestments, were up 6.8% sequentially.

Read more ...

TORONTO – Global EMS provider SMTC Corp. today said 2010 second-quarter revenue was $71.2 million, up 82% year-over-year, and up 16% sequentially.

Net income was $3.2 million, compared to a net loss of $3.4 million in the same quarter of 2009. Second-quarter net income grew 52% sequentially.

Gross profit for the quarter was $8.4 million, or 11.8% of revenue, compared with $6.4 million, or 10.4%, for the first quarter, and $4 million, or 10.2%, for the second quarter of 2009.

“Nine of our ten top customers increased orders above the first quarter of 2010 and the comparable period last year in response to end customer demand and to rebuild inventory levels. We also generated additional revenue from five new customers in the early stage of ramping production,” said president and CEO John Caldwell.

“We enter the third quarter with a solid order backlog and continuing demand from our customers. We expect continued profitability through the remainder of the year, but as has been our policy, we are not providing specific full-year guidance.”

JASPER, INKimball International today reported fourth-quarter net sales of $290.6 million, up 7% compared to the same quarter in 2009. Gross profit was $44.8 million, down a slight 1% year-over-year.

Net sales in the fourth quarter increased 22% year-over-year in the EMS segment to $186.5 million.

Read more ...

LAGUNA, PHILIPPINES – Integrated Micro-Electronics Inc. reported first-half net income fell 22% from last year to $4.7 million. Last year's results included a nonrecurring insurance gain.

Read more ...

ENDICOTT, NY – Contract electronics manufacturer Catalyst Manufacturing Services acquired the electronics assembly division of Harvard Custom Manufacturing, effective today.

Read more ...

Page 739 of 955

Don't have an account yet? Register Now!

Sign in to your account