HONG KONG -- Surface Mount Technology (Holdings) Inc. reported a December quarter loss of HK$2.9 million on a 24% drop in revenue to HK$573.7 million.
“We might just have to get used to words such as ‘downslide’ for the next several months,” says Bob Willis, ECA president. “Electronic components are the building blocks for all things electronic, so our market is inextricably linked to the economy and spending. Like everyone else, electronic component manufacturers are looking to stay as healthy as possible until better times arrive.”
NEENAH, WI -- Plexus Corp. is headed to Romania. The EMS company has signed a deal to lease a 72,000 sq. ft. facility in Oradea, on the Hungary/Romania border, its first in the Eastern European nation.
MINNEAPOLIS – CyberOptics will lay off 24 employees and consolidate
manufacturing in Minneapolis, the company said.