SPOKANE, WA – EMS firm Key Tronic Corp. reported third-quarter revenue of $47.2 million, up 4% year-over-year. For the first nine months of fiscal 2007, total revenue was $152.6 million, up 13% from last year.

Net income for the quarter was $700,000, down 22% from 2006. Year to-date net income was $2.5 million, down 3.8%.

The company expects fourth quarter revenue of $45 million to $49 million, excluding an anticipated  $2.7 million gain from the sale of its Las Cruces facility.

ELKHART, IN – CTS Corp. reported fourth-quarter net earnings rose 2.7% to $7.7 million on a 1% hike in revenues to $173.5 million.

Revenues were boosted by a 17% increase in EMS sales to the defense/aerospace, medical and communications markets, the company said. Components and Sensors sales increased 5%, primarily for automotive products. Sales were partially offset by weakness in electronic component demand and lower component sales for handset applications, CTS reported.

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ATLANTA – Mentor Graphics VP and GM Henry Potts’ PCB Design Conference West keynote is now available for free online.
 
In his talk, Cross Currents: Where PCB Design Meets ICs and Hardware, Potts discusses industry trends such as company and market globalization, outsourcing and new manufacturing technologies.
 
The 45-minute Webinar was originally presented at PCB West in March and is suitable for engineers, corporate managers, sales and marketing professionals and researchers.
 
Register at https://event.on24.com/eventRegistration/EventLobbyServlet?target=registration.jsp&eventid=40276&sessionid=1&key=95601077BB15A4EA6D05013F3FF00640&sourcepage=register.
 
 

TAIPEI – Foxconn Electronics (Hon Hai Precision Industry) reported another stellar first quarter, with net earnings of $15.6 billion, up 48.9% year-over-year. 
 

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