News
ST. LOUIS – LaBarge Inc. has been awarded a $1.1 million contract from Northrop Grumman to provide electronic assemblies for its new Ground/Air Task Oriented Radar (G/ATOR), which consolidates the missions of five Marine Corps radars into a single multi-role radar system.
The company expects to receive follow-on orders.
Production on the contract began this summer at LaBarge's Tulsa facility and is expected to continue through January 2009.
The company expects to receive follow-on orders.
Production on the contract began this summer at LaBarge's Tulsa facility and is expected to continue through January 2009.
SAN JOSE – A projected decline in world semiconductor fab equipment spending of 20% is expected for 2008, but a rebound of more than 20% in spending is expected in 2009, driven by more than 70 fab projects, says SEMI.
FAIRPORT, NY – Inc. Magazine has ranked contract electronics manufacturer SenDEC Corp. in its annual Inc. 5000 list of the fastest-growing private companies in the country.
SenDEC was recognized based on its three-year revenue growth of 267%, ranking 1,413 on the overall list, 30th in the nation, and 2nd in New York within the computers and electronics industry.
This is the second consecutive year the firm made the list. In 2007, the company ranked 940 on the overall list and was the 23d fastest growing manufacturing company in the nation.
SenDEC was recognized based on its three-year revenue growth of 267%, ranking 1,413 on the overall list, 30th in the nation, and 2nd in New York within the computers and electronics industry.
This is the second consecutive year the firm made the list. In 2007, the company ranked 940 on the overall list and was the 23d fastest growing manufacturing company in the nation.
BANGKOK – Hana Microelectronics said second-quarter revenue dropped 1% year-over-year to about $115 million, but net profit rose 26% to almost $16 million.
First-half revenue rose 1% to $227.5 million compared to the same period last year, with net profit rising 24% to $29.13 million.
The profit increase was a result of higher capacity utilization, the company said.
The firm, which builds IC packages and electronics assemblies, expects revenues to grow 15% in the third quarter, as a result of increased orders from China, India and Southeast Asia.
Hana recorded revenue of $452 million last year. More than 80% of sales were attributable to PCBs and IC assemblies, say published reports. The company was ranked 36th among the largest EMS suppliers by Electronic Business.
Hana also has added 3,000 sq. meters to its production plant, and is considering building a new facility in the same location.
First-half revenue rose 1% to $227.5 million compared to the same period last year, with net profit rising 24% to $29.13 million.
The profit increase was a result of higher capacity utilization, the company said.
The firm, which builds IC packages and electronics assemblies, expects revenues to grow 15% in the third quarter, as a result of increased orders from China, India and Southeast Asia.
Hana recorded revenue of $452 million last year. More than 80% of sales were attributable to PCBs and IC assemblies, say published reports. The company was ranked 36th among the largest EMS suppliers by Electronic Business.
Hana also has added 3,000 sq. meters to its production plant, and is considering building a new facility in the same location.
RICHARDSON, TX – TXP Corp. and Cambridge Industry Group have signed a memorandum to merge, the firms said today. The merger reportedly would form the world's largest ODM and services business focused on fiber-to-the-home equipment. The combined company would also have the industry's widest family of ONT solutions.
TXP, which reported a second-quarter net loss of $10 million earlier this week, generated approximately $11 million in revenue in 2007, up about 24% year-over-year. CIG generated approximately $10.2 million in revenue, up 81% compared to 2006.
The merger is expected to close before year-end. Financial terms of the agreement were not disclosed.
TXP is an EMS and ODM firm. Shanghai-based CIG designs and builds FTTH equipment.
TXP, which reported a second-quarter net loss of $10 million earlier this week, generated approximately $11 million in revenue in 2007, up about 24% year-over-year. CIG generated approximately $10.2 million in revenue, up 81% compared to 2006.
The merger is expected to close before year-end. Financial terms of the agreement were not disclosed.
TXP is an EMS and ODM firm. Shanghai-based CIG designs and builds FTTH equipment.
SAN JOSE – On the heals of increasing board complexity and size, Solution Sources Programming Inc. has found ways to extend the life of test equipment through use of recent software upgrades for Agilent’s 3070 In-Circuit Tester.
Upgrading to the latest software ensures in field compatibility. A key component of these recent updates, 7.1 and 7.2, includes 1149.6 capabilities, which use the latest chip technology for new board designs.
SSP president Dan Orlando, who works closely with top design layout houses, has observed the increase in board net counts beyond the capabilities of the largest testers. He said, “By implementing Agilent’s new software on existing test equipment, our programming process has been able to save our customers tens to hundreds of thousands of dollars in test costs.”
Features and benefits SSP has found in using the software upgrades include:
Upgrading to the latest software ensures in field compatibility. A key component of these recent updates, 7.1 and 7.2, includes 1149.6 capabilities, which use the latest chip technology for new board designs.
SSP president Dan Orlando, who works closely with top design layout houses, has observed the increase in board net counts beyond the capabilities of the largest testers. He said, “By implementing Agilent’s new software on existing test equipment, our programming process has been able to save our customers tens to hundreds of thousands of dollars in test costs.”
Features and benefits SSP has found in using the software upgrades include:
- A reduction in large net counts (permit smaller fixtures, reducing cost and lead times).
- Fewer wires (and thus higher reliability).
- A reduction in fixture weight (which decreases shipping costs and is safer for employees).
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- Koh Young America Promotes Ramiro Mora to Lead Service and Applications in Mexico and South America