News
YAVNE, ISRAEL – Valor Computerized Systems reported fourth-quarter revenues of $10 million, up 6% from the previous year. Net profit for the December quarter was $911,000, compared to $253,000 in 2005. For the quarter, EBIT was $788,000, up 188% from the same period the previous year. For 2006, revenues rose 1.1% to $36.7 million. Net profit was up 145% to $3.4 million. EBIT was $2.9 million, up 145% year-over-year.
PHOENIX - Avnet Electronics Marketing Americas has expanded its franchise agreement with Amphenol to include its high performance connectors and cable assemblies. Other terms of the agreement were not disclosed.
Amphenol Alden Products are used in medical, instrumentation and harsh-environment industrial Ethernet applications. They offer a line of auto-coupling connectors, high-voltage, and custom overmolded cable assemblies.
Amphenol Alden Products are used in medical, instrumentation and harsh-environment industrial Ethernet applications. They offer a line of auto-coupling connectors, high-voltage, and custom overmolded cable assemblies.
HONG KONG — Wong’s Kong King (WKK) Distribution Ltd. and Source Electronics have opened their first joint programming facility, in Hong Kong. The two companies plan to open a programming center in the Shanghai area and in two more undisclosed locations in the near future. Hong Kong-based WKK Distribution is an electronics equipment and materials distribution company. Source Electronics provides IC programming and testing to assemblers and semiconductor manufacturers.
SEOUL -- Samsung has agreed to pay $90 million for its role in fixing prices on DRAM devices. Samsung was among several chipmakers under federal investigation for allegedly colluding on DRAM pricing.
More than $730 million in fines have been levied and four companies -- Samsung, Elpida Memory, Infineon and Hynix -- have pled guilty.
More than $730 million in fines have been levied and four companies -- Samsung, Elpida Memory, Infineon and Hynix -- have pled guilty.
ANGLETON, TX -- Benchmark Electronics' fourth-quarter profit rose 15% to $28.3 million over the same period last year. The EMS provider's sales were up 18% to $737.3 million.
LITTLETON, MA - VJ Electronix has acquired Precision Manufacturing Tools, a manufacturer of Pb-free-capable rework systems for area array CSP and discrete components. Terms were not disclosed VJ Electronix will move manufacturing, primary engineering and customer support for Seabrook, NH-based Precision’s PMT-800 and PMT-400 product lines to its Littleton, MA, facility.
Press Releases
- Amtech Electrocircuits’ CEO Jay Patel Launches Petition Advocating for 10% Tax Credit to Support U.S. Electronics Manufacturers
- Altus Supports Phoenix Systems in Advancing THT Assembly with Robotic Soldering; Joe Booth Comments
- Robert C. Donovan Joins DISTRON CORPORATION, Marking the Third Generation in Family Leadership
- Incap UK Invests in SMT Technology as Part of Long-Term Operational Development