News
ORLANDO – Seica Inc., supplier of ICT and flying probe systems, and Corelis Inc., provider of boundary-scan and JTAG emulation test tools, have formed a partnership to deliver an integrated system based on Seica’s Pilot flying probe system and boundary-scan products from Corelis.
The two firms will integrate Corelis boundary-scan JTAG controllers and software to support different configurations and applications.
The integrated solution is already deployed at a major defense electronics manufacturer, the companies said.
SPOKANE VALLEY, WA – EMS provider Key Tronic Corp. announced fourth-quarter fiscal 2008 revenue was $57.3 million, up 17% year-over-year.
Fourth-quarter net income was $2.6 million, down 3.7% compared to the same period last year.
For full-year 2008, revenue was $204.1 million, up a slight 1.2% compared to 2007. Net income was $5.6 million, up 7% year-over-year.
"For the fourth quarter and for the year, we achieved the highest revenue since implementing our EMS strategy. During the year, we had eight new customers contributing about 13% of our total revenue. In fiscal 2009, we expect 10 additional new customers to come on line. Together, we expect these 18 new customers to contribute approximately 40% of our revenue in fiscal 2009, offsetting the anticipated decline in demand from some of our existing customers,” said president and CEO Jack Oehlke.
For the first quarter of 2009, the company expects revenue in the range of $45 million to $48 million.
ROLLING MEADOWS, IL – With a traveling classroom on its doorstep (AKA the rework bus), the front office at BEST Inc. looks like any other office. But then you round the corner. Like Oz behind the curtain, the bustling building is much larger than the front desks imply. And even at 7:30 a.m., ample staff works diligently as if they’d been there for hours.
On Aug. 14, BEST opened its suburban Chicago doors to local SMTA chapter members and about 50 industry professionals from around the country. President Bob Wetterman’s spacious repair/rework facility provided the backdrop (and tasty breakfast casseroles) for a classroom-style educational symposium, with speakers from the host firm, OK International and VJ Electronix, as well as five hands-on demonstrations presented by on-the-job technical staff.
SAN FRANCISCO – Hewlett-Packard Co.’s third-quarter revenues were $28 billion, up 10% year-over-year, according to Deutsche Bank Equity Research.
According to other published reports, H-P's profits jumped 14% in the quarter, to $2.03 billion.
Strong PC results offset weakness in printers, says DB.
DB expects fourth-quarter revenues of $30.2 to 30.3 billion for H-P.
The research firm has adjusted full-year 2008 estimates to $115 billion.
SAN JOSE, CA – North America-based manufacturers of semiconductor equipment posted $905 million in orders in July and a book-to-bill ratio of 0.83, says SEMI.
SOUTH PLAINFIELD, NJ – Effective Sept. 1, Cookson Electronics will increase its prices on alcohol-based chemicals, including Alpha thinners and wave solder fluxes.
