News
MALMO, SWEDEN -- PartnerTech today named Stefan Hansson-Mutas acting president of its Electronics Technology division, effective immediately. He replaces Peter Nilsson, who is leaving the company.
JASPER, IN -- Kimball today reported net income at its EMS unit rose 6% to $6.85 million for its fiscal third quarter. Overall sales were up 3% to $310.8 million, and net income rose 96% to $7.2 million for the period ended March 31.
TORONTO -- SMTC today reported a 14% year-over-year drop in revenue, citing seasonality and severe winter weather affecting an industrial sector customer. The net loss for the March quarter was $1.1 million, an improvement over a $7.7 million loss in the fourth quarter but down from a profit of $1.17 million last year.
SAN MATEO, CA – Worldwide tablet plus 2-in-1 shipments were 50.4 million units in the first quarter of 2014, up 3.9% year-over-year, and down 35.7% sequentially, says IDC.
SAN JOSE – Flextronics reported fourth-quarter net sales were $6.7 billion, up 27% year-over-year, above previous guidance.
NEWARK, NY – Higher revenues helped lower the net loss at IEC Electronics, which reported second-quarter fiscal 2014 revenue of $34.8 million, up 3.3% year-over-year. The EMS firm posted a net loss of $569,000 for the period ended Mar. 28, compared to a net loss of $1.1 million in the same quarter last year.
Press Releases
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