TORONTO -- SMTC reported a fourth-quarter net loss of $7.7 million on revenue of $67.4 million. Revenues were down 7.9% due to the loss of two customers brought about by the closing of its Markham manufacturing site and reduced volumes from three other customers.
TAIPEI -- Foxconn, EMS provider for startups? It's true. The world's largest EMS/ODM has launched a website to connect with entrepreneurs looking for design and manufacturing support for their ideas.
PARIS -- Eolane was one of the fastest-growing larger tier EMS companies in 2013, seeing sales rise 11.1% year-over-year to 400 million euros ($554.6 million). The EMS company's revenue was boosted by multiple acquisitions made during the previous year.
WASHINGTON -- A US Appeals Court yesterday ruled that the so-called Conflict Minerals clause within the 2010 Dodd-Frank Act violates the First Amendment. The ruling by a three-judge panel could foreshadow a striking of the law by the full court later this year.
BROOKHAVEN, MI — A local county board has given the go ahead for Delphi Automotive to upgrade printed circuit board manufacturing plant here. The auto parts maker last August announced plans to invest $15 million to improve its factory.
SON, THE NETHERLANDS – Neways Electronics International has signed a letter of intent to acquire 100% of the outstanding shares of BuS Holding (BuS Group), a German EMS company with annual sales of about EUR 106 million. The deal is expected to be completed in the next few months.