ELKHART, IN -- CTS reported third quarter EMS sales fell $15.2 million, or 20%, year-over-year, on customer delays, particularly in the defense and aerospace and communications markets.
SANTA CLARA, CA – Low-cost smartphone shipments are forecast to double every year from 2010 to 2016, increasing from 4.5 million to 311 million, says NPD DisplaySearch.
SAN JOSE -- Stung by a large drop in revenue and trying to meet stated goals for margins, Flextronics is planning another round of layoffs and factory closings.
COPENHAGEN -- The European Commission has proposed to provide Denmark with more than one million euros to help workers laid off by Flextronics' Denmark subsidiary.
GARBSEN, GERMANY -- The Institute of Technical Education in Singapore, Hakko and LPKF Laser & Electronics have signed an agreement to collaborate on training printed circuit board manufacturers.
HIALEAH, FL — Balmoral Funds has acquired the assets of EMS provider Simclar Inc. for an undisclosed amount.
SAN JOSE — North America-based semiconductor equipment manufacturers reported the 90-day moving average worldwide orders rose 2.8% from last year in September.
DANDERYD, SWEDEN – NOTE reported September quarter net income of SEK 6.5 million, down 30.9% compared to the same period in 2011.
MILPITAS, CA – Flextronics reported second-quarter GAAP net income of $150.55 million, up 15.9% year-over-year.
COSTA MESA, CA – IPC is presenting a symposium on implementing lean concepts in electronics manufacturing.
ORLANDO – Brooks Kimmel wants you to know that NASA is not out of business.
In fact, the space agency is hard at work, building not only the next generation vehicles for galactic travel, but also new infrastructure, launch pads, and everything else related to moving man closer to interplanetary travel.
EL SEGUNDO, CA – Global consumer electronics market revenue is set to expand 1.3% in 2012, as brands focus on low pricing during the holiday season to lure buyers impacted by weak global economic conditions, says IHS iSuppli.