caLogo

News

SIEVI, FINLAND – Scanfil reported first quarter profits rose 54.5% to 1.1 million euros on an 8% increase in revenue. During the March quarter, the EMS company totaled sales 47.6 million euros on higher demand from the long-lagging telecom sector.

Read more ...

MINNEAPOLIS -- Nortech Systems today reported net income for its first quarter of to $86,000, down 39% from last year, when the EMS firm received a tax benefit of $70,000. Without the credit, net income was up 21.1%.

Read more ...

SPOKANE VALLEY, WA – ACE Production Technologies will acquire the lead tinning business portfolio of GPD Global, the companies announced today. Financial details were not disclosed.

Read more ...

ST. LOUIS -- Viasystems Group's Assembly segment had sales of  $42.6 million, up from $31.9 million a year ago, but the operating loss rose to $3.9 million from $1.1 million last year. 

Read more ...

SINGAPORE -- MicroCare today announced the opening of a distribution center here to serve its customers in the Pacific Rim, and named Jerald Chan to manage the new division.

Read more ...

LAGUNA, PHILIPPINES — Integrated Micro-Electronics today said first-quarter net income surged $5 million from $253,100 a year ago on higher sales in most geographies. Revenues for the period rose 25% to $205.7 million over 2013.

Read more ...

BANGKOK -- Fabrinet reported fiscal third quarter net income more than doubled to $47.7 million, up from $21.1 million a year ago. For the period ended March 28, revenue rose 7.8% from a year ago to $167.7 million.

Read more ...

NATICK, MA -- A US District Court jury has found in favor of Cognex in the company’s patent infringement lawsuit against Microscan Systems and Microscan's development and manufacturing partner, The Code Corp. The lawsuit filed by Cognex alleged that Microscan’s Mobile Hawk handheld imager infringed US Patent No. 7,874,487, held by Cognex.

Read more ...

LOUISVILLE, KY -- Sypris Solutions today said first-quarter revenue at its Electronics Group rose 16% to $8.4 million. Gross loss for the quarter was $600,000, down from breakeven in 2013, primarily reflecting a change in mix of electronics manufacturing services due to the loss of certain high margin space programs in 2013.

Read more ...

BILLINGSTAD, NORWAY -- Kitron yesterday named ex PartnerTech EMS head Peter Nilsson chief executive officer. Nilsson will assume the new role no later than November, and will replace Dag Songedal, who took the job on an interim basis last June.

Read more ...

NEENAH, WI -- Plexus chief financial officer Ginger Jones has resigned, effective immediately. The company named treasurer and vice president of finance Patrick Jermain as CFO.

Read more ...

The notion that Foxconn might take a large stake in a major Taiwanese telecom equipment company poses a litany of interesting questions for its largest customer -- Apple.

Read more ...

Page 479 of 1217

Don't have an account yet? Register Now!

Sign in to your account