Latest News
PENANG – Kyzen has announced plans to add an applications laboratory at its Penang sales and support office.
The firm’s fourth application lab will include a broad range of cleaning equipment and cleaning evaluation devices to provide real-time results for customers while they design cleaning processes.
The laboratory currently is in the design stage.
TOKYO – Juki Corp. updated its forecast for its fiscal first half of 2009, predicting net sales of $275.3 million. The figure would be down 49% compared to 2008.
The net loss is expected to be nearly $87 million, compared to a net loss of $5.8 million during the same period last year.
Full fiscal 2009 net sales are expected to be $702.3 million, down 19.1% year-over-year. The net loss is forecast to be $103.7 million, compared to a net loss of $104.2 million in 2008.
Juki notes its current financial situation is influenced by the worldwide economic recession; business is falling short of its original projections.
The market for pick-and-place equipment hit bottom in the first quarter, the firm says, and the severe situation is continuing.
SAN JOSE – Cisco awarded Flextronics the 2009 EMS Partner Operational Excellence and B2B Collaboration awards.
The awards recognize Flextronics as the EMS partner that has delivered the strongest performance in demonstrating end-to-end operational excellence, and for going beyond expectations to implement a B2B program, process or initiative.
The awards were presented during Cisco's 18th annual supplier appreciation event on Sept. 30 in San Jose.
STAMFORD, CT — The electronics equipment industry recovery is underway, but uncertainty swirls thanks to the macroeconomic recovery and the effectiveness of government stimulus packages, especially when that stimulus runs out, a leading research firm says.
WILSONVILLE, OR – Leading EDA vendor Mentor Graphics announced last night an agreement to buy Valor Computerized Systems for $82 million in cash and stock in a deal expected to be finalized by March 2010.
SANTA CLARA, CA -- EMS provider NBS has added a 10,000 sq. ft. facility dedicated to box-build and system integration services.
SAN FRANCISCO – Phones and printers are among the electronics products covered by a document restricting the disposal of electronics products issued last week by China’s Ministry of Industry and Information Technology.
MILTON, NY – Sono-Tek Corp. announced sales of $1.7 million for the second quarter, up 5% year-over-year.
BANNOCKBURN, IL – Worldwide production of PCBs was basically flat in 2008, climbing a tepid 1% year-over-year to $50.8 billion.
SKELLEFTEA, SWEDEN -- Note AB will lay off an undisclosed number of workers here and take a SEK 40M ($5.72 million) restructuring charge, the result of a decision by its largest telecom customer to cease orders from the site.
SAN FRANCISCO – Verical has launched a Web-based trading platform for manufacturers and distributors of electronics components.
Verical Marketplace uses information and technology to create a pedigree scoring system for component parts, which also are available in the company’s catalog.
The site permits only authorized channels and original owners of component parts to sell pedigreed inventory. It assigns a score to each component part based on how far back Verical is able trace its chain of custody. The higher the pedigree score, the further up the supply chain the component is traceable.
The method is said to ease transactions between sellers and buyers.
It currently serves more than 3,200 buyers from small to large manufacturers, with more than 27,000 unique part numbers from more than 230 manufacturers, including IDT, Molex, NXP Semiconductors, Texas Instruments and Tyco Electronics.
Verical relies on a supply chain software team that includes Solectron, Agile Software, Dept. of Homeland Security, Classic Components, and Lockheed-Martin.
