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News

WILSONVILLE, OR – Siemens is reportedly almost ready to announce a deal to buy Mentor Graphics, Reuters is reporting tonight.

TAIPEI -- Foxconn Electronics reported consolidated October revenues ticked up sequentially but fell 6.2% year-over-year as the world's largest EMS/ODM continues to struggle to grow in 2016.

PAKKRED, NONTHABURI, THAILAND -- SVI Public Co. reported third quarter consolidated revenue of 2.81 billion baht ($79.5 million), up 19% year-over-year on the acquisition of Seidel Electronics.

TAIPEI -- Compal Electronics reported third-quarter consolidated revenues of NT$197.9 billion ($6.26 billion), up 14% sequentially.

CORONA, CA – An upcoming Aqueous Technologies webinar will recap the most relevant, interesting, and popular cleaning and reliability-based topics from its 2016 educational events.

SANTA CLARA, CA -- Fabrinet's new product introduction facility here continues to ramp, company executives said Monday.

TAIPEI -- Lite-On Technology reported consolidated revenues of NT$20.6 billion ($652 million) in October, down 7.7% sequentially and up 4% year-over-year.

Half the EMS company's revenue came from IT, PCs, handhelds and related peripherals. Another 23% were from optoelectronics equipment including CCMs (compact camera modules), LED devices and lighting. Nearly 20% of sales were from solid-state or optical disc drives.

Year to date revenues are up 4.4% to NT$186.8 billion.

SCHAUMBURG, IL -- Sparton announced fiscal first quarter net sales of $100.4 million, down 5.9% from year ago.

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.