MACAO -- Top 15 EMS provider Nam Tai Electronics today reported second-quarter net income rose 110% to $38.8 million despite a 7.4% drop in sales.

For the period ended June 30, the company reported revenues of $197.8 million, down from $213.7 million a year ago. Gross margins were up nearly two points to 11.5%.

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CHENNAI, INDIA – The EMS Alliance, a group of multinational electronics manufacturing firms, said the size of India's electronics industry is currently at $25 billion and thinks it will grow 36% in the next two years.

It also forecasts its member revenues from India to rise to $2 billion, a 39% increase in just two years.

The consortium is planning a major manufacturing base in India to focus on the local electronics market.

According to the government, consumer electronic production for 2006 through 2007 was almost $5 billion, a growth rate of about 10% year-over-year, with CE accounting for 35% of total electronics hardware production.

 

WEST BRIDGEWATER, MA – Sunburst EMS is building NeuroMetrix's latest neurodiagnostic instrumentation equipment, the company said today. Sunburst has established a dedicated space within its plant for the Neurometrix product, a standalone, vertically-integrated work cell for board-level functional test, sub-unit functional test, systems test, and final customer packaging.

Sunburst has built NeuroMetrix’s NC Stat System since September 2005.

BANNOCKBURN, IL -- Rigid PCB shipments among North American fabricators fell 10.7% and bookings dropped 9.8% percent in June, IPC said today.

However, rigid shipments were up 12.3% and bookings rose 20.8% sequentially. The book-to-bill ratio for the rigid PCB industry in June 2007 climbed back up above parity to 1.01. 

Flex circuit shipments fell 14.1% and bookings nosedived 37.8% versus last year.  Shipments were up 4.5% over May, but bookings dropped 3.4%. The flex circuit book-to-bill ratio was positive at 1.12.

The book-to-bill ratios are calculated by dividing the value of orders booked over the past three months by the value of sales billed during the same period from the companies in IPC’s survey sample.  A book-to-bill ratio above 1.0 is considered a sign of future growth.

About 16% of the reported value was comprised of boards made offshore and distributed by North American fabricators.

For the year, combined (rigid and flex) shipments are down 10.4% and bookings are down 14.9%. Rigid shipments are down 10.9% and bookings are down 16.3%. Flex shipments are down 2.3% and bookings are up 7.3%.

Shipments of all board types dropped 11% in June and orders fell 12.2%. The combined book-to-bill was 1.01.