News
MUNICH -- Siemens announced today it will acquire Mentor Graphics for $4.5 billion in cash, ending speculation of the future of the electronics software developer.
NEW YORK -- Copper prices hit a one-year high last week and could continue to climb as speculators flood the market, experts say.
BIATORBAGY, HUNGARY -- Scanfil EMS will shutter it subsidiary here by the second quarter next year and take a EUR 1.3 million ($1.4 million) charge.
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.
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.
