News
OXFORD, CT – AOI supplier Mirtec Corp. reported sales revenue for its North American division grew 23% in 2007.
President Brian D’Amico attributes the company’s growth to the recent introduction of two new AOI platforms.
“I am delighted to report our first quarter sales revenue has already surpassed our first quarter results for last fiscal year. We look forward to our continued growth in 2008,” D’Amico stated.
RENO, NV – Continued growth is expected in automotive electronics, with forecasts calling for annual growth of 9% through 2013. Growth in driver assistance, safety systems and entertainment are expected to be particularly strong, says a new report.
OXFORD, UK - BizEsp Limited has announced the launch of Oxford Solders for electronics assembly products.
The product line will reportedly be marketed toward Chinese and Indian manufacturers, and will include solder powders and pastes, fluxes and BGA spheres.
The company claims strict adhesion to environmental laws.
The company will reportedly provide local service, support and training to clients in China and India. Mauricia Wang, business manager for China, will head client service operations. Wang has stated that the company is concerned about the environment and resource and energy sustainability, and their impact on the global economy, particularly in China.
With this in mind, the company will reportedly offer products based on environmentally responsible European and American technologies, and offer these "green" products to China at prices that are locally competitive, along with claimed higher customer service standards than those currently offered in China.
The company will display its products at the Nepcon shows in Shanghai and Shenzhen.
MONTREAL – If Flextronics wants to close its Montreal assembly plant, it won’t be without a fight from Teamsters Canada.
The workers union said it would challenge Flextronics’ decision to close the factory and layoff some 700 workers, the Montreal Gazette reported today.
According to the report, Flextronics is cutting staff and moving production to Mexico to cut costs for Nortel Networks, a major customer. The moves wll take place over the next several months, culminating in September.
“We are going to fight until the end to make sure these jobs stay in Montreal. We think Nortel's behavior in this is unacceptable," the report quoted Stéphane Lacroix, a Quebec-based union spokesman.
The report claimed an internal memo stated, "Over (the) coming months, the work done on behalf of Nortel by Flextronics in St. Laurent will transition to Flextronics' Guadalajara facility, to other contract manufacturers and, in some cases, back into Nortel itself."
Ironically, Flextronics purchased the site from Nortel two years ago.
Nortel and Flextronics did not comment for the report.
ST. PETERSBURG – Foxconn Technology Group is making headway toward building an assembly plant near St. Petersburg. The firm has reportedly begun construction on a 12 hectare-site near Kolpino.
The company plans to invest about $50 million on the project and will employ some 5,000 staff at the site, according to reports.
Foxconn Rus and Logopark Kolpino signed an agreement on Feb. 22, which stated Foxconn’s plant will be constructed within Logopark.
A shortage of personnel in St. Petersburg is said to be a serious issue, and is unlikely to be resolved soon. Foxconn said it could introduce social incentives in an attempt to “improve the company’s compatibility in the market,” say published reports.
Plus, the company hopes to help with Kolpino residents currently working in St. Petersburg who commute between the suburbs and the city.
Hewlett-Packard has a stake in the project, and its PCs and laptops initially will be assembled at the plant. H-P’s share in the business is under discussion.
Initially 20,000 PCs and laptops will be produced in Kolpino, with future plans to expand production up to 100,000.
Production is planned for launch at the beginning of 2009.
The company plans to invest about $50 million on the project and will employ some 5,000 staff at the site, according to reports.
Foxconn Rus and Logopark Kolpino signed an agreement on Feb. 22, which stated Foxconn’s plant will be constructed within Logopark.
A shortage of personnel in St. Petersburg is said to be a serious issue, and is unlikely to be resolved soon. Foxconn said it could introduce social incentives in an attempt to “improve the company’s compatibility in the market,” say published reports.
Plus, the company hopes to help with Kolpino residents currently working in St. Petersburg who commute between the suburbs and the city.
Hewlett-Packard has a stake in the project, and its PCs and laptops initially will be assembled at the plant. H-P’s share in the business is under discussion.
Initially 20,000 PCs and laptops will be produced in Kolpino, with future plans to expand production up to 100,000.
Production is planned for launch at the beginning of 2009.
HELSINKI -- Elcoteq will sell its Russian subsidiary ZAO Elcoteq to Flextronics. The deal includes Elcoteq's St Petersburg plant, and is expected to close in 60 days. Financial terms were not specifically noted, although Elcoteq said it would book a one-time gain of about $4.5 million in its second quarter.
Press Releases
- Avalon Technologies Expands PCB Assembly And Design Services To Meet Growing Demand In The Electronics Industry
- KYZEN to Promote Pair of Stencil Cleaning Chemistries at SMTA Chihuahua Expo & Tech Forum
- Nordson Electronics Solutions Completes its Europe Location Move to a New, State-of-the-Art Facility
- Ascentron Upgrades Entire Hand Soldering Line to Ersa i-CON 1 MK2