HONG KONG -- Surface Mount Technology Holdings, a top 30 EMS company, reported revenue plunged 52% year-over-year to HK$397.7 million ($51.3 million) for the quarter ended March 31.
SAN JOSE -- Flextronics is commencing a cash tender offer to purchase up to $200 million worth of its outstanding long-term notes and is proposing changes to existing terms that would permit the EMS company to retire up to $500 million worth of other debt early.
DORSET, UK – Blakell Europlacer Ltd. will hold a free process/productivity improvement seminar July 15-17 at the company’s headquarters in Poole, Dorset.
SANTA CLARA, CA – Agilent Technologies plans to exit the electronics inspection systems business by the end of March, the company announced today. The company deferred comment on the number of persons affected or potential financial charges.
NEW YORK -- The Russian electronics manufacturing industry will grow 165% over the next seven years, reaching $4.91 billion by 2015, according to a new report.