TORONTO -- SMTC reported first-quarter revenue fell 16% from last year to $48.7 million on reduced volumes from two large prior customers, partially offset by increased revenues from existing customers and a new customer.
BALTIMORE -- Zentech Manufacturing has acquired Fredericksburg, VA-based Colonial Assembly & Design for an undisclosed sum.
HAWTHORNE, CA – OSI Systems reported fiscal third quarter revenues ended Mar. 31 of $215.4 million, up 6% year-over-year. Net income was $13.2 million, an increase of 175% compared to the fiscal third quarter of 2014.
BANNOCKBURN, IL – US electronics executives are calling on Congress to provide robust funding for the new National Network for Manufacturing Innovation (NNMI).
EDINA, MN – SMTA is seeking abstracts for a new conference on LEDs. The LED Assembly, Reliability and Testing Symposium takes place in November in Atlanta.
COLOMIERS, FRANCE --Airbus is contemplating the sale of certain electronics design and development units within its defense division, according to a published report today.