Latest News
TAIPEI -- Hon Hai (Foxconn) will seek higher prices as it tries to offset rising wages in China, Reuters is reporting.
GLENVIEW, IL -- Illinois Tool Works' second-quarter profit rose 128% from a year ago to $420.8 million on a 20% jump in revenue to $4.08 billion.
SAN JOSE – North America-based manufacturers of semiconductor equipment posted a 90-day moving average of $1.68 billion in orders in June, up 10.5% sequentially.
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FREMONT, CA -- Synnex has signed a definitive sale agreement to sell inventory and customers related to its contract assembly business to MiTAC International.
SAN JOSE -- The world market for selective soldering equipment is projected to exceed $43.8 million by 2015, according to a new study by Global Industry Analysts.
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GOTEBORG, SWEDEN -- FlexLink reported second-quarter net sales were up 19% to $44 million.
NEWARK, NY -- IEC Electronics reported fiscal third-quarter revenue rose 50.9% to $26.1 million on acquisitions and strong organic sales.
ST. LOUIS – Viasystems Group reported second-quarter sales of $239.4 million doubled compared to the same quarter last year, boosted by organic growth and the company’s acquisition of rival Merix in February.
EMPALME, MEXICO – EMS provider EE Technologies Inc. will expand its Empalme, Sonora production facility from 17,227 sq. ft. to 38,628 sq. ft.
It anticipates the growth will generate an additional 50 to 100 jobs.
“Our diversification efforts over the last few years have resulted in serving new industries, including automotive, medical and aviation, while still serving our gaming, industrial and education customers,” said EET’s president, Sonny Newman.
STAMFORD, CT — Worldwide PC shipments reached 82.9 million units in the second quarter, a 20.7% increase from last year, according to preliminary results by Gartner.
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VELLINGE, SWEDEN -- PartnerTech reported second-quarter net sales of SEK 524 million ($71.8 million), up 1% from SEK 519.5 million last year.
DANDERYD, SWEDEN -- Top 60 EMS provider Note Ab reported June quarter sales of SEK 298.6 million ($40.9 million), down from SEK 312.1 million a year ago.
Press Releases
- Koh Young Honored by Foxconn with 2024 Digital Ecosystem Partner Award
- SIA Applauds Finalization of CHIPS Investments for Intel Manufacturing Projects
- Spectrum Advanced Manufacturing Technologies Named Manufacturing Partner for D-Orbit USA
- Absolute EMS Enters Strategic Partnership with PTEC Solutions to Enhance End-to-End Electronics Manufacturing Capabilities