ELKHART, IN – CTS Corp. reported fourth-quarter net earnings rose 2.7% to $7.7 million on a 1% hike in revenues to $173.5 million.
Revenues were boosted by a 17% increase in EMS sales to the defense/aerospace, medical and communications markets, the company said. Components and Sensors sales increased 5%, primarily for automotive products. Sales were partially offset by weakness in electronic component demand and lower component sales for handset applications, CTS reported.
ATLANTA – Mentor Graphics VP and GM Henry Potts’ PCB Design Conference West keynote is now available for free online.
In his talk, Cross Currents: Where PCB Design Meets ICs and Hardware, Potts discusses industry trends such as company and market globalization, outsourcing and new manufacturing technologies.
The 45-minute Webinar was originally presented at PCB West in March and is suitable for engineers, corporate managers, sales and marketing professionals and researchers.
TAIPEI – Foxconn Electronics (Hon Hai Precision Industry) reported another stellar first quarter, with net earnings of $15.6 billion, up 48.9% year-over-year.
SAN JOSE, CA – Monthly worldwide semiconductor sales rose 1% sequentially to $20.3 billion in March, 3.2% higher than the $19.7 billion reported in March 2006, SIA reported today.
ATLANTA – ASYS GmbH received Siemens VDO’s Performance Award 2006 at a ceremony in Prague on March 7.
Markus Wachtveitl, corporate commodity manager, Siemens VDO, presented the award to ASYS co-managing directors Werner Kreibl and Klaus Mang.
This year marked the first that awards were given in the production equipment category. In the previous years, the award was given for electronics, electrical engineering and mechanics.
Criteria included quality, technology, price and on-time delivery. ASYS achieved 83 of 100 possible points.