SINGAPORE -- The Singapore Exchange has issued a delisting notice to SMT Holdings, which despite its financial turnaround hasn't been able to satisfy the Exchange's rules.
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TAIPEI – Foxconn said it would raise salaries in April for employees here who make less than $39,560 a year, according to published reports.
BOUDRY, SWITZERLAND – Cicor posted net revenues for 2013 of $217.9 million, up 8.2% year-over-year.
MINNEAPOLIS – As rated by attendees, the Best Presentation Award for the 2014 Pan Pacific Symposium went to Kyung W. Paik, Ph.D., KAIST, for his paper titled “Novel Nanofiber Anisotropic Films (ACFS) for Fine Pitch Assembly.”
HARTLEPOOL, UK -- Stadium Group reported preliminary 2013 revenues of £42.22 million, up 3% from 2012 on acquisitions. The pretax profit slipped 76% to £430,000 for the period ended Dec. 31.
TAIPEI -- Foxconn Electronics (Hon Hai) reported February consolidated revenues rose nearly 11% year-over-year to NT$260.6 billion ($8.6 billion). Sales were down 17.1% sequentially due to a shorter work period tied to the Chinese New Year.
LOUISVILLE, KY -- Sypris Solutions today reported fourth-quarter revenue rose 10% over a year ago even while its EMS unit saw sales dip on lower defense demand. The Electronics Group's revenue fell 20% from 2012, but increased 3% sequentially to $10 million.
BANNOCKBURN, IL – IPC has launched its Quality Benchmark Survey for the EMS Industry. Participation is open to all EMS companies worldwide.
ANSEONG, SOUTH KOREA -- A massive fire has laid waste to a printed circuit board factory here that was building multilayer boards for Samsung's next-generation smartphone. The fire also caused millions of dollars in damage to equipment and took hundreds of firefighters some six hours to contain, according to media reports.
TAIPEI -- Hon Hai (Foxconn) will hire up to 15,000 new workers this year, primarily in Taiwan, according to published reports. The new hires won't be for the company's traditional manufacturing positions, however, a company spokesman told Reuters today.
BANNOCKBURN, IL – North American printed circuit board shipments decreased 7.5% year-over-year in January. Orders came in at 3.7% below the same month last year, says IPC.
SAN MATEO, CA – The total tablet market, inclusive of both tablets and 2-in-1 devices, is forecast to grow 19.4% in 2014, down from a growth rate of 51.6% in 2013, says IDC.