News
JASPER, IN – The economic decline will shakeup the OEM programs sought by EMS companies, Kimball International's top executive said.
"The financial crisis and the economic slowdown will cause those companies larger than we are to push down and to try to serve our space. It will bring more margin pressure in our markets," Kimball president and chief executive Jim Thyen said on the company's quarterly conference call with analysts.
"The financial crisis and the economic slowdown will cause those companies larger than we are to push down and to try to serve our space. It will bring more margin pressure in our markets," Kimball president and chief executive Jim Thyen said on the company's quarterly conference call with analysts.
Isola and ITEQ Settle Patent DisputeCHANDLER, AZ -- Isola Group SARL, a
top supplier of printed circuit board laminates, today announced a settlement in its
patent dispute with Iteq Corp.
Under terms of the agreement, Iteq shall not make, use, sell, offer for sale, or distribute its product 200DK or any other products that fall within the scope of any claims of the R.O.C. invention patent Nos. 142122 and 123529 and US Patent Nos. 6,187,852, 6,322,885 and 6,509,414 anywhere in the world.
Iteq further admits the validity and enforceability of the patents at issue, Isola said.
Financial details of the agreement will not be disclosed, Isola said.
Isola is one of the world's three largest suppliers of laminates and other base materials.
Under terms of the agreement, Iteq shall not make, use, sell, offer for sale, or distribute its product 200DK or any other products that fall within the scope of any claims of the R.O.C. invention patent Nos. 142122 and 123529 and US Patent Nos. 6,187,852, 6,322,885 and 6,509,414 anywhere in the world.
Iteq further admits the validity and enforceability of the patents at issue, Isola said.
Financial details of the agreement will not be disclosed, Isola said.
Isola is one of the world's three largest suppliers of laminates and other base materials.
VANCOUVER, BC – Northstar Electronics reported third-quarter revenues fell 1.2% to $676,149 versus last year. The net loss widened 638% to $332,604 on program certification startup costs.
Year-to-date revenues are up 26% to $1.7 million, although the net loss has widened 120% to $1 million.
TIJUANA, MEXICO -- Samsung's television manufacturing plant here is running on a full schedule again after closing for two days to rebalance inventories.
Samsung, the world's largest TV maker, said the site went to a four-day week temporarily after Circuit City, a large customer, declared bankruptcy.
Reports claim Samsung is considering similar moves at its South Korea factories during the week following Christmas.
GREENVILLE, WI – EMS provider Plexus Corp. bought a facility in Greenville, WI from Neenah Paper for $7.5 million, say published reports.
The 200,000 sq. ft. facility, formerly owned by Fox River Paper Co., had been vacant about six months.
Neenah Paper acquired the 15-year-old facility when it closed its $52 million deal for Fox Valley Corp. in March 2007.
EL SEGUNDO, CA – Amid rapidly deteriorating conditions in the global economy and financial system, iSuppli Corp. has slashed its 2009 forecast for PC unit shipments nearly two-thirds.
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