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News

STOCKHOLM -- NOTE Ab reported June quarter revenue fell 33% year-over-year to SEK 312.1 million ($39.9 million), swinging the operating profit to a loss.

FRAMINGHAM, MA -- PC shipments took a dive in in the second quarter, but analysts are seeing signs of recovery.

ENFIELD, CT – High-Tech Conversions has moved to a new facility here, quadrupling the size of its former plant.

ARLINGTON, VA -- Electronics component orders rose in June to their highest level of the year, according to the monthly index compiled by the Electronic Components Association.

ST. LOUIS -- Kaman Aerospace has awarded about $12 million in contracts to LaBarge Inc. to provide cockpit wiring harnesses for several models of the Black Hawk helicopter.

WEST HAVEN, CT– Enthone Inc. has acquired select assets of Westbrook Technologies including exclusive rights and knowledge to all surface finishing IP, the company said today. Terms were not disclosed.

ELK GROVE VILLAGE, IL -- SigmaTron International today reported fourth-quarter revenues fell 38.2% from a year ago to $27.2 million.

TAIPEI -- Hon Hai Precision Industry (Foxconn) reported June revenue rose 19.1% year-over-year to NT$128 billion ($3.9 billion).

MAMLO, SWEDEN -- Top 40 EMS firm PartnerTech reported second-quarter net sales fell 25% year-over-year to SEK 519.5 million ($66.1 million).

MELVILLE, NY – Electronics components distributor Nu Horizons Electronics reported first-quarter fiscal 2010 net sales of $147.8 million, down 26.2% year-over-year.

The net loss for the quarter was $944,000, compared to net income of $1.15 million in the first quarter of the prior year.

Sequentially, net sales decreased 2% year-over-year, from $150.77 million for the fourth quarter of fiscal 2009.

Sequentially, the actives segment saw sales grow $4.83 million (13.2%) in Asia and $445,000 (2.5%) in Europe, offset by a $6.9 million (8%) decline in North America.

Gross profit for actives decreased 29.8% compared to the prior comparable period, and 9.6% sequentially. Gross profit passives dropped 44.9% year-over-year and 14.3% sequentially.

RENTON, WA — Microscan and Cogiscan have signed a long-term deal covering several initiatives ranging from joint product development to cross-selling of each company’s products.

TAIPEI -- Flextronics is upping the ante in the notebook PC wars, as the EMS firm reportedly is set to add 1,500 workers to its Taiwan-based unit.