News
LOS ANGELES -- Ducommun reported first quarter net revenue at its Electronic Systems unit was approximately $78.1 million, down 22.6% on facility divestitures and sagging aerospace orders.
KARLSKOGA, SWEDEN -- Scanfil Sweden has finalized the sale of its metal fabrication business unit here for a nominal selling price.
SPOKANE VALLEY, WA -- Key Tronic reported fiscal third quarter revenue of $118.4 million, up 5% from a year ago.
STAMFORD, CT -- Market research firm Gartner today raised its forecast for worldwide semiconductor capital spending, but said the outlook for 2016 remains "bleak."
VANCOUVER -- Pacific Insight Electronics reported fiscal third quarter revenues of C$35 million, up 53% from a year earlier.
FRIEDBERG, GERMANY -- Fuji Machine Manufacturing has taken a 34% stake in Tower-Factory GmbH, a manufacturer of component storage equipment.
An announcement regarding the investment indicated Tower's storage equipment is already integrated into Fuji’s material handling lines. The deal is intended to prepare the companies for future manufacturing solutions such as Industry 4.0 and IIC.
Financial terms were not disclosed.
TEMPE, AZ -- Amtech, the parent company of reflow equipment maker BTU, reported net revenues of $22.5 million in the March quarter, down 7.4% from a year ago and up 1.8% sequentially.
CORONA, CA -- Several leading equipment OEMs are teaming to sponsor a pair of workshops on electronics reliability in California next month.
SHENZHEN -- SMTA China has issued a call for papers for its annual SMTA China South Technology Conference this fall.
LAGUNA, PHILIPPINES – Integrated Micro-Electronics (IMI) reported first-quarter consolidated revenues of $199.1 million, down 1.1% year-over-year.
MINNEAPOLIS -- Nortech Systems today reported net sales of $29 million for the first quarter ended Mar. 31, a 9% increase over 2015.
