News
TAIPEI — Foxconn Electronics reported July non-consolidated revenues of $2.93 billion, up 2.6% sequentially and 39.5% year-over-year, on demand for consumer electronics, PCs and networking devices.
ARLINGTON, VA — Electronic component orders rose in July, boosted by a late rush in June that carried over into the next month, according to the latest monthly average compiled by the Electronic Components, Assemblies & Materials Association.
The 12-month average remained relatively flat, the trade group said.
Orders began picking up momentum in the last weeks of June and continued throughout July, maintaining a pattern of summer acceleration seen in past years.
In a statement, ECA president Bob Willis said, “It looks as if we are on the way to the third straight year of order growth."
The 12-month average remained relatively flat, the trade group said.
Orders began picking up momentum in the last weeks of June and continued throughout July, maintaining a pattern of summer acceleration seen in past years.
In a statement, ECA president Bob Willis said, “It looks as if we are on the way to the third straight year of order growth."
FRANKLIN, MA – On Sept. 13, Speedline Technologies will offer a Webcast on high-speed solder paste inspection techniques and tools. The one-hour presentation will start at 11 am EST.
Various inspection techniques and tools are available for process verification and defect detection. Specific areas of discussion will include process design, process control factors to limit defects, and inspection/process equipment available to discover defects as early as possible. Capabilities and benefits of printer 2-D inspection and 3-D AOI will be reviewed.
To register, visit www.speedlinetech.com/seminars.
LAKE FOREST, CA — EMS company Probe Manufacturing reported second-quarter sales fell 50% year-over-year to $1.8 million. Net profits rose 510% to $336,627 for the period ended June 30.
Cash from operations was $161,796, up from $44,143 for the same period in 2006. Debt was cut by $452,055.
Probe reported sales of $1.9 million in the March quarter.
"We are pleased with our results, as we marked the seventh consecutive quarter of positive net income from operations and debt reduction," said Probe CEO Reza Zarif.
For the quarter, half the revenue came from medical, aerospace and alternative energy business, up from 20% in 2006. Probe seeks to focus on the medical device manufacturing, aerospace and alternative energy industries, which management believes to be more stable and less likely to move offshore. Five customers accounted for approximately 77% of sales in the quarter, compared to 93% in 2006.
Cash from operations was $161,796, up from $44,143 for the same period in 2006. Debt was cut by $452,055.
Probe reported sales of $1.9 million in the March quarter.
"We are pleased with our results, as we marked the seventh consecutive quarter of positive net income from operations and debt reduction," said Probe CEO Reza Zarif.
For the quarter, half the revenue came from medical, aerospace and alternative energy business, up from 20% in 2006. Probe seeks to focus on the medical device manufacturing, aerospace and alternative energy industries, which management believes to be more stable and less likely to move offshore. Five customers accounted for approximately 77% of sales in the quarter, compared to 93% in 2006.
TAIPEI – Laird Technologies and ITEQ Corp. have struck a cross-licensing deal under which Laird will have access to ITEQ’s lamination capabilities and AP distribution, while ITEQ will have access to Laird’s T-lam materials.
ITEQ and Laird will join to supply solutions for the LED-based BLUs for LCD flat panel displays. Laird’s T-lam materials are important for this growing market, says the company, because the brightness and color of an LED degrades as temperature increases. T-lam permits heat to pass out of LED devices more efficiently, Laird reports.
ITEQ is a Taiwan-based laminates provider.
JENA, GERMANY – Goepel Electronic, a test equipment hardware and software manufacturer, recently restructured its U.S. organization to combine automotive test and JTAG/boundary scan divisions.
Goepel will now sell products directly using a combination of direct sales and manufacturers’ representatives. This means Huntron Inc. will no longer be sole distributor for Goepel in the U.S., the company said. According to Heiko Ehrenberg, vice president of the U.S. boundary scan operations, the companies “will continue to do some joint projects in the future.”
The company also hired Raj Puri as vice president of sales and marketing.
Press Releases
- Zollner Puts a New Mechanics Building into Operation
- Changes in Incap’s Management Team: Incap updates its leadership model to support its growth strategy
- Niche Electronics Celebrates Completion of Florida Expansion
- Microscreen Names Nik Thomas Director, Expands Leadership Role Amid Continued Organizational Growth