TORONTO -- SMTC reported first-quarter revenue fell 16% from last year to $48.7 million on reduced volumes from two large prior customers, partially offset by increased revenues from existing customers and a new customer.
BALTIMORE -- Zentech Manufacturing has acquired Fredericksburg, VA-based Colonial Assembly & Design for an undisclosed sum.
HAWTHORNE, CA – OSI Systems reported fiscal third quarter revenues ended Mar. 31 of $215.4 million, up 6% year-over-year. Net income was $13.2 million, an increase of 175% compared to the fiscal third quarter of 2014.
BANNOCKBURN, IL – US electronics executives are calling on Congress to provide robust funding for the new National Network for Manufacturing Innovation (NNMI).
EDINA, MN – SMTA is seeking abstracts for a new conference on LEDs. The LED Assembly, Reliability and Testing Symposium takes place in November in Atlanta.
COLOMIERS, FRANCE --Airbus is contemplating the sale of certain electronics design and development units within its defense division, according to a published report today.
MINNEAPOLIS -- CyberOptics narrowed its first-quarter net loss despite soft sales of traditional SMT inspection systems.
MALMO, SWEDEN – PartnerTech reported first quarter 2015 net sales of $72.4 million, an increase of 14.2% year-over-year.
SAN JOSE, CA – The 90-day moving average orders at North America-based semiconductor equipment manufacturers rose 5.9% year-over-year in March, the SEMI trade group announced.
TABY, SWEDEN – Mycronic reported first quarter net sales of $35.1 million, up 25.6% year-over-year.
WACONIA, MN -- The latest entrant to the EMS industry is a veteran-run shop here in the Minneapolis-St. Paul area.
HAMBURG, GERMANY -- A new agreement between Hexagon Metrology and Yxlon will marry expertise in industrial measurement with x-ray and computed tomography knowledge.