caLogo

News

SPOKANE VALLEY, WA – EMS provider Key Tronic Corp. announced fourth-quarter fiscal 2008 revenue was $57.3 million, up 17% year-over-year.
 
Fourth-quarter net income was $2.6 million, down 3.7% compared to the same period last year.
 
For full-year 2008, revenue was $204.1 million, up a slight 1.2% compared to 2007. Net income was $5.6 million, up 7% year-over-year.
 
"For the fourth quarter and for the year, we achieved the highest revenue since implementing our EMS strategy. During the year, we had eight new customers contributing about 13% of our total revenue. In fiscal 2009, we expect 10 additional new customers to come on line. Together, we expect these 18 new customers to contribute approximately 40% of our revenue in fiscal 2009, offsetting the anticipated decline in demand from some of our existing customers,” said president and CEO Jack Oehlke.
 
For the first quarter of 2009, the company expects revenue in the range of $45 million to $48 million.
ROLLING MEADOWS, IL – With a traveling classroom on its doorstep (AKA the rework bus), the front office at BEST Inc. looks like any other office. But then you round the corner. Like Oz behind the curtain, the bustling building is much larger than the front desks imply. And even at 7:30 a.m., ample staff works diligently as if they’d been there for hours.
 
On Aug. 14, BEST opened its suburban Chicago doors to local SMTA chapter members and about 50 industry professionals from around the country. President Bob Wetterman’s spacious repair/rework facility provided the backdrop (and tasty breakfast casseroles) for a classroom-style educational symposium, with speakers from the host firm, OK International and VJ Electronix, as well as five hands-on demonstrations presented by on-the-job technical staff.
  Read more ...
SAN FRANCISCOHewlett-Packard Co.’s third-quarter revenues were $28 billion, up 10% year-over-year, according to Deutsche Bank Equity Research.
 
According to other published reports, H-P's profits jumped 14% in the quarter, to $2.03 billion.

Strong PC results offset weakness in printers, says DB.
 
DB expects fourth-quarter revenues of $30.2 to 30.3 billion for H-P.
 
The research firm has adjusted full-year 2008 estimates to $115 billion.
SAN JOSE, CA – North America-based manufacturers of semiconductor equipment posted $905 million in orders in July and a book-to-bill ratio of 0.83, says SEMI.

Read more ...
SOUTH PLAINFIELD, NJ – Effective Sept. 1, Cookson Electronics will increase its prices on alcohol-based chemicals, including Alpha thinners and wave solder fluxes.
  Read more ...
SAN JOSE, CA – Revenue for the worldwide EMS market was $261 billion in 2007, up 17% year-over-year, according to Electronic Trend Publications.
Read more ...

Page 1774 of 2435

Don't have an account yet? Register Now!

Sign in to your account