TAIPEI – Quanta Computer, Compal Electronics and Wistron all reported sequential revenue increases in October, while Inventec fell slightly, say published reports.
Quanta reported consolidated revenues of $2.24 billion for the month, up 19.3% sequentially, but down 1.3% year-over-year. The firm shipped four million notebooks in October.
Quanta's revenues for the first ten months were $20.18 billion, up 11.6% compared to the same period last year.
Compal reported a record consolidated revenues of $1.43 billion for October, up 2% compared to September, and up 2.13% compared to the same month last year.
The firm’s revenues from January to October were $11.1 billion.
Wistron said consolidated revenues for the month were $1.63 billion, also a record, up 7.4% sequentially. The company’s October revenues surged 64.83% year-over-year.
Inventec reported revenues of $1.17 billion, down 4.72% sequentially; however, with substantial notebook orders from Toshiba, combined revenues from January to October reached $8.62 billion, up 51.36% compared to the period last year.
BANNOCKBURN, IL — A new guidebook that covers the European Union's registration, evaluation, authorization and restriction of chemicals (REACH) regulations has been released by IPC.
The document was developed at the direction of an IPC task force to combat "a
widespread lack of awareness and understanding of REACH within the
industry."
"REACH & the Electronics Industry Supply Chain: The Basics, the Impact and How to Survive," includes a timetable of activities and a review of REACH implications and obligations for each segment of the supply chain.
The deadline for REACH preregistration is Nov. 30.
For information, visit the IPC bookstore at ipc.org/onlinestore.
BREST, FRANCE -- Roughly 300 employees at Jabil Circuit's plant here went on strike last Wednesday to protest the site's possible closure, according to published reports.
As reported by Ouest France, Jabil has indicated plans to close, sell or otherwise restructure the plant. The paper reported the site’s revenues are 25% below expectations.
Jabil acquired the site and its then 700 employees from Alcatel in 2002.
HELSINKI — Nokia Siemens Networks will
lay off 1,250 employees in Finland and Germany as part of a previously
announced cost-cutting plan. The cuts bring the total to 7,250 workers sacked since June 2006.
The job cuts include 750 employees in Finland and 500 in Germany. Modest cuts will be made elsewhere, the firm added.
MONTREAL -- Nortel Networks today said it would cut about 1,300 jobs between now and 2009 after reporting a $3.41 billion loss in the September quarter, including a noncash charge of $3.21 billion for goodwill
and deferred tax assets.
Among those losing their jobs are chief technology officer John Roese, global services president Dietmar Wendt and executive vice president global sales Bill Nelson.
The company is instituting a series of wage and spending freezes as well in an effort to preserve cash.
SON, THE NETHERLANDS – Neways Electronics, a top 50 global EMS provider, signed a letter of intent to acquire parts of Bosch Security Systems' operations in Breda, the Netherlands, for an undisclosed amount.
The transaction is expected to be directly and immediately accretive to earnings.
The deal includes 40 full-time workers at the Bosch plant. The acquisition also
includes a limited number of fixed assets and inventories.
The
move substantial expanded Neways’ activities
in communication and data security.
Neways has 2,250 employees and reported sales of 281 million euros in 2007.