News
NIKKO-SHI, JAPAN – EMS provider Di-Nikko Engineering plans to build a pair of assembly subsidiaries in Vietnam.
EL SEGUNDO, CA – Global electronics sales will grow 5.9% this year, down from 7% in 2007, according to iSuppli.
BRIDGEWATER, MA – Global manufacturer Chase Corp. reported net income of $1.87 million for the second quarter, up 36% year-over-year.
Revenues of $28.2 million for the quarter increased 3% compared to 2007.
For the six months ended Feb. 29, revenues increased 7% to $62.9 million compared to the same period last year. Net income was $5.34 million, up from $3.9 million year-over-year.
The company’s EMS segment had revenues of $4 million, down nearly 17% compared to the same period last year. Revenues for the six-month period ended Feb. 29 were $9.1 million and in line with the prior year period, Chase said.
TORONTO – Adeptron Technologies Corp. appointed Mark Kohler chief financial officer, effective today.
Kohler has more than 20 years’ experience in the technology sector, including most recently as CFO for TSX-listed companies.
WASHINGTON, DC – AeA reports that in 2007, the high-tech industry continued growing, adding 91,400 net jobs for a total of 5.9 million in the U.S. This is on top of job gains of 139,000 in 2006 and 87,400 in 2005.
SHENZHEN, CHINA – Europlacer is opening a sales and service office in Shenzhen and will assign a staff of three.
The placement equipment manufacturer said it sold about 50 units last year, including 26 of its new iineo placement machine.
The placement equipment manufacturer said it sold about 50 units last year, including 26 of its new iineo placement machine.
