DANDERYD, SWEDEN -- Note reported fourth-quarter sales slumped 18% year-over-year to SEK 297.7 million ($44.5 million).
News
SHENZHEN -- A pair of Nam Tai Electronics expansion projects continue to be delayed due to government foot-dragging and a dispute over land rights.
SHENZHEN -- Nam Tai Electronics reported a net loss of $5.6 million in the fourth quarter, down from net income of $5.3 million in 2010.
ARLINGTON, VA -- The US Air Force has suspended Hong Dark Electronic Trade Company and its subsidiaries from government programs after finding them responsible for selling tens of thousands of fake parts to key defense contractors.
ORLANDO, FL -- API Technologies reported revenue climbed 8.5% sequentially to $75.1 million for the period ended Nov. 30.
TAIPEI -- Foxconn Technology reported unconsolidated January sales nosedived 46.3% from last year to NT$3.5 billion ($118.1 million).
BILLINGSTAD, NORWAY – Kitron's revenue was NOK 442.9 million ($77.1 million) in the fourth quarter, down 2.7% year-over-year.
SAN JOSE – OnCore Manufacturing Services today said it intends to enter into a medical product design alliance with Proven Process Medical Devices.
The partnership would provide turnkey design-to-production solutions, the contract electronics manufacturer said.
Oncore said it would “significantly expand” its capabilities in the medical device market with the partnership.
No financial terms were disclosed.
BINGHAMTON, NY -- Universal Instruments today said its global market share rose nearly 2% year-over- year in the fourth quarter.
SCHAUMBURG, IL -- Sparton reported fiscal second-quarter net income rose 36% to $1.9 million, boosted by higher demand in all its end-markets.
ST. LOUIS -- Viasystems Group forecast December quarter sales of $269 million, up 10% year-over-year and down 4% sequentially on broad-based strength.
HELSINKI -- Nokia will lay off 8% -- some 4,000 employees -- of its workforce in Finland, Hungary and Mexico as part of its now year-long cost-cutting measures.
Press Releases
- SIA Applauds CHIPS Act Incentives for Amkor Facility in Arizona
- ASMPT and IBM Deepen Collaboration to Advance Bonding Methods for Chiplet Packages for AI
- Murray Percival Company Expands Product Line with Representation of BIMOS ESD Seating in the Midwest
- Selectronic Assembly Welcomes Eliud Herrera as Production Manager
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