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WASHINGTON -- Inventory levels among US companies fell 1.5% in August, while sales rose 1.1%, the US Commerce Department said today.

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ARLINGTON, VA -- Worldwide electronic component orders for September continued a climb that began in August, while the 12-month average remained flat, according to the monthly index compiled by the Electronic Components Association.

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PENANGKyzen 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. 
 
 

 

TOKYOJuki 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 JOSECisco 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.

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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.

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SANTA CLARA, CA -- EMS provider NBS has added a 10,000 sq. ft. facility dedicated to box-build and system integration services.

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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.

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MILTON, NYSono-Tek Corp. announced sales of $1.7 million for the second quarter, up 5% year-over-year.

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LOS ANGELES – The images are dismaying, but they are real. Workers in an electronics counterfeiting facility in China rinse chips in a murky river and throw them in piles on the sidewalk, separated by sizes. The smallest chips look like dirt mounds. These chips will later be marketed as the real deal. Read more ...

BANNOCKBURN, IL – Worldwide production of PCBs was basically flat in 2008, climbing a tepid 1% year-over-year to $50.8 billion.

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