ANGLETON, TX -- Benchmark Electronics today reported third quarter net income of $24 million, up 200% sequentially and 26% from a year ago. The contract manufacturing provider said sales for the period ended Sept. 30 were $600 million, down 1.3% from the June quarter and 1.8% from last year.
NEENAH, WI -- Plexus last night reported fiscal fourth quarter net income of $24.5 million, up well over last year's $728,000 and the fiscal third quarter profits of $23.2 million. For the period ended Sept. 28, the electronics manufacturing services provider reported sales of $568 million, near the higher side of previous guidance of $545 million to $575 million.
HAWTHORNE, CA -- OSI Systems said strength at its Optoelectronics and Manufacturing division drove an overall 14% jump in sales year-over-year in its fiscal first quarter. Sales at the Optoelectronics and Manufacturing unit increased 25% on new programs and customers.
BILLINGSTAD, NORWAY -- Kitron ASA today reported third-quarter revenues fell 5.2% year-over-year to NOK 346.6 million ($58.6 million) on weaker demand. EBIT fell 50% to to NOK 7.6 million, and net profit plunged 37% to NOK 3.2 million.
Foxconn Electronics on Monday held a groundbreaking ceremony for its new plants in this Western China city. Chairman Terry Guo was on hand to cite the area's transportation systems and geographic location, which are seen as advantages to making this a logistics hub for the region.
TORONTO – Celestica reported third-quarter revenue of $1.5 billion, down 5% year-over-year, within the firm’s previous guidance.