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SIEVI, FINLAND – EMS provider Scanfil reported first-quarter profits rose 16% from a year ago to 3.6 million euros despite a 4% drop in sales to 50 million euros. Operating profit rose 31% to 4.7 million euros.

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KYOTO, JAPAN - The Omron Group reported fiscal 2007 net sales of 763 million yen, up 5.4% over last year. Net income rose 10.7% to 42.4 million yen.

Sales were boosted by the weaker yen and business acquisitions.

Operating income rose 5.2% to 65.3 million yen. EBITA from continuing operations fel 0.2% to 64.1 million yen.

Omron makes factory automation equipment and electronics and automotive components.

MANKATO, MN -- EMS firm Winland Electronics has formally promoted Thomas de Petra to chief executive and president.


He had been interim CEO and president since the retirement of longtime CEO Lorin Krueger last January. de Petra has also been Winland's chairman since 2006 and a director since 1994.



TOKYO -- Matsushita reported record profits of 281.9 billion yen ($2.7 billion) for its fiscal year ended in March, up about 30% from last year, on a 0.4% uptick in sales, to 9.07 trillion yen ($86.9 billion).

Operating profit rose 13% to 519.5 billion yen ($4.98 billion).

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MAJORCA, SPAIN – Sales of consumer electronics at retail stores will rise 8% this year, down from 14% in each of the past two years, says a leading analyst.

Jürgen Boyny, a consumer electronics analyst for market research institute GfK, said mobile phones will make up about 25% of consumer electronics sales this year, he said, followed by flat-panel TVs (19%), PCs (17%) and digital cameras (6%).

 

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GREENVILLE, SC – Component maker Kemet Corp. reported its executive vice president and chief financial officer David Gable is resigning.
 
Gable leaves the company to pursue other avenues, Kemet said.
 
The company announced a restructuring plan in January that will dissolve 120 jobs in the U.S. and 250 jobs in Mexico, with some work moving to China. The company said the job cuts would save about $16 million annually, with a one-time cost of about $7 million.
 
Gable will remain with the company during the search for a successor.

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