News
REDMOND, WA -- Data I/O Corp., a maker of manual and automated
device
programming systems, today announced third-quarter
net income of $127,000 on revenues of $6.6 million. For the quarter
ended Sept. 30, revenues were flat sequentially and incomes was up
140%.
Fourth quarter revenues are expected to increase significantly, the firm said.
Fourth quarter revenues are expected to increase significantly, the firm said.
JOHOR BAHARU, MALAYSIA -- Flextronics's new 1.3 million sq. ft.
manufacturing campus in the Port of Tanjung Pelepas free trade zone is
expected to be operational as scheduled by next April, according to a
news report today.
The EMS company will use the site for production and logistics. Some of the firm's suppliers will locate there as well.
When operational, the facilities will employ as many as 15,000 staff, including 1,000 engineers, the report said.
A Japanese electronics company, JST Manufacturing Co., will also site a 1 million sq. ft. plant on in PTP, the report said. The $100 million facility will be open by August.
The EMS company will use the site for production and logistics. Some of the firm's suppliers will locate there as well.
When operational, the facilities will employ as many as 15,000 staff, including 1,000 engineers, the report said.
A Japanese electronics company, JST Manufacturing Co., will also site a 1 million sq. ft. plant on in PTP, the report said. The $100 million facility will be open by August.
Austin, TX –Austin American Technology (AAT) appointed Technical Resources Corp. (TRC) to represent its cleaning equipment and technologies in Florida, the Caribbean and Costa Rica. TRC has sales and service offices in Tampa and Boca Raton, FL, as well as in San Juan, Puerto Rico.
Austin American Technology provides cleaning technology for industrial cleaning applications ranging from electronics manufacturing to specialized parts cleaning.
Austin American Technology provides cleaning technology for industrial cleaning applications ranging from electronics manufacturing to specialized parts cleaning.
LOUISVILLE, KY -- Sypris Solutions today reported third-quarter net income fell 21% to $3 million despite record
revenue. Net orders for the quarter reached a record $139.2 million, driven by
an 83% increase in bookings for electronics.
MINNEAPOLIS -- CyberOptics Corp. today reported September quarter net
income of $626,000 on revenues of
$10.3 million. Both figures represented a sharp drop from Q3 2004, when the maker of sensors and inspection gear reported
earnings of $3.6 million on revenues of
$19.4 million.
MYRTLE BEACH, SC -- AVX Corp. reported net income fell 8.7% to
$17 million on a 1% drop in net sales to $325.9 million in the
September quarter. Net income and sales were sequentially higher.
Chief executive and president John Gilbertson said, "The sales increases during the last three quarters indicate that end market growth is continuing, and this is a positive sign for AVX and the industry."
Income from operations improved sequentially to $19.2 million for the quarter, due to lower operating costs and greater production in low-cost regions.
"We have been able to improve profit margins during the past two quarters while reducing inventory levels," Gilbertson said. "We believe that inventory throughout the supply chain remains low, and improvements in end- market demand quickly flow through as increased demand for AVX products.
The passives components maker had a cash balance of $751.3 million at quarter's end.
Chief executive and president John Gilbertson said, "The sales increases during the last three quarters indicate that end market growth is continuing, and this is a positive sign for AVX and the industry."
Income from operations improved sequentially to $19.2 million for the quarter, due to lower operating costs and greater production in low-cost regions.
"We have been able to improve profit margins during the past two quarters while reducing inventory levels," Gilbertson said. "We believe that inventory throughout the supply chain remains low, and improvements in end- market demand quickly flow through as increased demand for AVX products.
The passives components maker had a cash balance of $751.3 million at quarter's end.
