SON, THE NETHERLANDS – Neways Electronics has reached an agreement with a pair of banks on a new credit facility that increases its access to loans and replaces its current terms.
HAMPSHIRE, UK – Nearly 60 million smartphone VR headsets will ship in 2021, up 240% from the 16.8 million expected to be sold this year. However, falling average selling prices of these devices means they will only account for 7% of hardware revenue, says Juniper Research.
BANGKOK – Fabrinet reported fiscal first quarter revenue of $332 million, an increase of 53% year-over-year.
TAIPEI, TAIWAN -- Inventec will expand production capacity in several regions outside China to meet growing demand for IT infrastructure and PC equipment, according to published reports.
ALBUQUERQUE, NM — TE Connectivity and 3D Glass Solutions are collaborating on the development of electronic interconnect devices using glass-based system-in-package (SiP) technology.
SAN JOSE -- SMTC's third quarter sales fell 20% year-over-year to $42.7 million but the company lowered its net loss.
FRAMINGHAM, MA – The worldwide tablet market continued its slump, as vendors shipped 43 million units in the third quarter, a year-over-year decline of 14.7%, according to the International Data Corp. Third quarter shipments were up 9.8% sequentially.
WEST PALM BEACH, FL -- MacDermid Performance Solutions, the business unit which includes Alpha Assembly, said net sales jumped 153% over 2015 to $455 million for the three months ended Sept. 30.
SON, THE NETHERLANDS – Neways Electronics recorded net third quarter sales of EUR 96.5 million, flat year-over-year, with higher sales from the semiconductor, automotive and defense sectors offset by lower demand from medical.
LAGUNA, PHILIPPINES — Integrated Micro-Electronics Inc. reported third-quarter revenue was basically flat at $206 million on lower demand for consumer and computing end-products.
LOS ANGELES – Ducommun’s Electronic Systems segment posted net revenue for the third quarter of $71.6 million, down 26.6% year-over-year.
MINNEAPOLIS – Nortech Systems reported net sales of $29.7 million for the third quarter ended Sept. 30, down 2.3% year-over-year.