News
SAN JOSE -- Sanmina-SCI Corp. , the electronics manufacturing
services company, today announced that its Kunshan, China facility has
passed the registration audit for ISO/TS 16949 certification.
The certification is the highest international standard for the automotive industry.
ISO T/S 16949 is an international quality management system certification that aligns existing American (QS-9000), German (VDA6.1), French (EAQF) and Italian (AVSQ) automotive quality systems into a single standard, eliminating the need for multiple certifications.
ISO/TS 16949 certification acknowledges that Sanmina-SCI has the necessary systems and processes in place for design, development, manufacturing, installation and servicing of automotive-related products
The certification is the highest international standard for the automotive industry.
ISO T/S 16949 is an international quality management system certification that aligns existing American (QS-9000), German (VDA6.1), French (EAQF) and Italian (AVSQ) automotive quality systems into a single standard, eliminating the need for multiple certifications.
ISO/TS 16949 certification acknowledges that Sanmina-SCI has the necessary systems and processes in place for design, development, manufacturing, installation and servicing of automotive-related products
ELK GROVE VILLAGE, IL -- SigmaTron International today reported net sales grew 36% year-over-year but earnings dropped 79% for quarter ended Jan. 31.
The electronic manufacturing services company posted net income of $300,000 on net revenues of $34.1 million. "While our overall third quarter results were disappointing, we continue to believe that we have laid the foundation for continued growth and long-term success," president and chief executive Gary Fairhead said.
The electronic manufacturing services company posted net income of $300,000 on net revenues of $34.1 million. "While our overall third quarter results were disappointing, we continue to believe that we have laid the foundation for continued growth and long-term success," president and chief executive Gary Fairhead said.
MANKATO, MN -- Winland Electronics, an electronics manufacturing services firm, today reported record fourth-quarter sales of $7.6 million, up 15.1% from last year and 2.7% sequentially. Net income increased 61% to $671,171.
For the quarter ended Dec. 31, gross profit was $2 million, or 25.9% of sales, up 20.5% from a year ago. Total operating expenses rose 20.5% percent to $1.1 million. Operating income increased 20.5% to $875,616.
For the year, revenues were $29.1 million, up 20.3% over fiscal 2004. Net income rose 88% percent to $2 million. Gross profit was $7.2 million, or 24.8% of sales, up 30.1% from last year. Total operating expenses rose 12.3% to $4.1 million. Operating expenses as a percent of net revenues fell to 14% of sales, down 1 point, indicating increased operational efficiency and driving a 63.7% increase in operating income, from $1.9 million for fiscal 2004 to $3.2 million for fiscal 2005.
In a statement, Winland chief executive Lorin Krueger said, "During 2005, we increased our efforts to improve sales of our proprietary products into the security electronics industry. Proprietary products enhance our margins and contributed to our overall profitability.
The contract with the company's largest EMS customer, Select Comfort, will end in August, and Winland anticipates that sales to the company will fall after the second quarter. According to Krueger, Select Comfort plans to source half its product from Winland.
The company had $900,000 in cash at quarter's end and working capital of $6 million. The company spent $845 ,000 in capital expenditures during the fourth quarter, and almost $1.3 million during fiscal 2005.
For the quarter ended Dec. 31, gross profit was $2 million, or 25.9% of sales, up 20.5% from a year ago. Total operating expenses rose 20.5% percent to $1.1 million. Operating income increased 20.5% to $875,616.
For the year, revenues were $29.1 million, up 20.3% over fiscal 2004. Net income rose 88% percent to $2 million. Gross profit was $7.2 million, or 24.8% of sales, up 30.1% from last year. Total operating expenses rose 12.3% to $4.1 million. Operating expenses as a percent of net revenues fell to 14% of sales, down 1 point, indicating increased operational efficiency and driving a 63.7% increase in operating income, from $1.9 million for fiscal 2004 to $3.2 million for fiscal 2005.
In a statement, Winland chief executive Lorin Krueger said, "During 2005, we increased our efforts to improve sales of our proprietary products into the security electronics industry. Proprietary products enhance our margins and contributed to our overall profitability.
The contract with the company's largest EMS customer, Select Comfort, will end in August, and Winland anticipates that sales to the company will fall after the second quarter. According to Krueger, Select Comfort plans to source half its product from Winland.
The company had $900,000 in cash at quarter's end and working capital of $6 million. The company spent $845 ,000 in capital expenditures during the fourth quarter, and almost $1.3 million during fiscal 2005.
TORONTO – Canada will again host a conference on lead-free soldering, but this year’s sessions will have an international focus. The conference, held May 16-18 at Wyndham Bristol Hotel in Toronto, is presented by the Ontario Centres of Excellence (OCE), in conjunction with the Centre of Microelectronics Assembly and Packaging (CMAP).
The conference aims to enable Canadian electronics manufacturers in their continuing transition to lead-free products. However, paper presentations will come from Brazil, Germany, India, Japan, Korea, the U.S., and the Canadian provinces of Ontario, Quebec and British Columbia.
The conference is co-sponsored by the SMTA, iNEMI and the Integrated Electronic Engineering Center at State University of New York (SUNY) Binghamton.
For further info., please contact:
Registration and General Inquiry: Agnieszka Madej, (905) 823-2020 x 221; agnieszka.madej@oce-ontario.org
Technical Inquiries: Dr. Laura J. Turbini, (416) 946-7329; turbini@ecf.utoronto.ca
Exhibit Inquiries: Guida Williamson, (905) 823-2020 x253; gwilliamson@oce-ontario.org
The conference aims to enable Canadian electronics manufacturers in their continuing transition to lead-free products. However, paper presentations will come from Brazil, Germany, India, Japan, Korea, the U.S., and the Canadian provinces of Ontario, Quebec and British Columbia.
The conference is co-sponsored by the SMTA, iNEMI and the Integrated Electronic Engineering Center at State University of New York (SUNY) Binghamton.
For further info., please contact:
Registration and General Inquiry: Agnieszka Madej, (905) 823-2020 x 221; agnieszka.madej@oce-ontario.org
Technical Inquiries: Dr. Laura J. Turbini, (416) 946-7329; turbini@ecf.utoronto.ca
Exhibit Inquiries: Guida Williamson, (905) 823-2020 x253; gwilliamson@oce-ontario.org
FRAMINGHAM, MA -- Worldwide PC shipments are expected to grow 10.5% this year, boosted by sales to the Asia-Pacific region, said research firm IDC. Meanwhile, Gartner Group forecast a 10.7% rise in shipments.
Both firms estimate PC shipments grew more than 15% last year.
Both firms estimate PC shipments grew more than 15% last year.
Mike Buetow writes about IBM's new collaborative sales, services and marketing strategy at http://circuitsassembly.com/blog/.
CHENNAI, India -- Nokia inaugurated its manufacturing facility in Sriperumbudur, Chennai, part of a planned $150 million investment in India.
Nokia began commercial production of mobile handsets at the factory on Jan. 2, and has built more than one million handsets there to-date.
Nokia began commercial production of mobile handsets at the factory on Jan. 2, and has built more than one million handsets there to-date.
PALO ALTO, CA -- Verigy Pte. Ltd., the semiconductor test subsidiary of Agilent Technologies, has filed for an initial public offering.
The filing of an S-1 Registration Statement through the U.S. Securities and Exchange Commission (SEC) moves Agilent a step closer to spinning off its semiconductor test business (including its system-on-chip and memory test solutions) and becoming a pure-play measurement company, as the company announced last August.
The filing of an S-1 Registration Statement through the U.S. Securities and Exchange Commission (SEC) moves Agilent a step closer to spinning off its semiconductor test business (including its system-on-chip and memory test solutions) and becoming a pure-play measurement company, as the company announced last August.
There's little to fear in the proposed U.S.-Malay free trade agreement, writes Mike Buetow.
http://circuitsassembly.com/blog/
http://circuitsassembly.com/blog/
Columbus, OH – Market research firm Bishop & Associates will offer its recent connector industry report through its Website (bishopinc.ecnext.com)
The report, “Connector Types and Technologies Poised for Growth”, addresses 20 specific connector types that are expected to experience greater than average growth from 2006 to 2010. It also reviews technologies currently driving the market, emerging technologies that are poised to influence connector design and market trends that are changing the way electronic connectors are used.
Readers can also purchase individual chapters of the report.
The report, “Connector Types and Technologies Poised for Growth”, addresses 20 specific connector types that are expected to experience greater than average growth from 2006 to 2010. It also reviews technologies currently driving the market, emerging technologies that are poised to influence connector design and market trends that are changing the way electronic connectors are used.
Readers can also purchase individual chapters of the report.
HELSINKI -- Elcoteq, Europe's largest EMS company, is in negotiations with workers from several of its Finland plants over possible layoffs.
Elcoteq met this week with personnel representatives of its Lohja manufacturing plant to discuss layoffs that would affect, per company estimates, at most 120 workers, or 13.7% of Elcoteq's Finnish workforce.
Elcoteq met this week with personnel representatives of its Lohja manufacturing plant to discuss layoffs that would affect, per company estimates, at most 120 workers, or 13.7% of Elcoteq's Finnish workforce.
BANGALORE – India’s embryonic EMS sector is preparing for a breakout, based on recent forecasts from various market watchers.
The Indian EMS industry will be worth $4 billion by 2010, growing over 30% annually, says the Electronics Component Industries Association (Elcina), a group of some 280 domestic electronics manufacturers.
Research firm iSuppli pegs the market at somewhat smaller, estimating contract assembly in India will increase 21% each year to $2.03 billion in 2009, from $935 million last year.
Among the EMS firms that are growing in India are Jabil Circuit and Celestica, which are acquiring Indian companies, and Hon Hai, which recently committed $110 million in investments over the next five years.
Driving investment are the telecom and computing sectors.
The number of telephone users is forecast to rise to 22 per 1000 by end 2007, from the current level of nine per 1000.
Also, computer peripherals are forecast to grow 23% annually through 2009.
Consumer electronics are expected to rise 18% per year during that span.
Press Releases
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- Luminovo Partners with Sluicebox to Offer an Industry-First Instant Product Carbon Footprint for Electronics
- The Assembly Show and SMTAI Announce Colocation in October
- SIA Applauds CHIPS Act Incentives for GlobalWafers Projects in Texas and Missouri