News
BILLINGSTAD, NORWAY – EMS firm Kitron reported second-quarter 2010 revenue of NOK 425.7 million, up 1.3% compared to the same quarter last year on higher medical demand.
Profit before tax and discontinued operations was NOK 1.7 million, down 37% year-over-year.
CHICAGO – The rebound in orders in the EMS sector has brought with it an uptick in M&A activity.
TAIPEI -- Foxconn Electronics reported July revenues of NT$196.17 billion ($6.16 billion), down a tick sequentially but up 53% year-over-year.
MINNEAPOLIS -- Nortech Systems swung to a net profit of $147,000 for its second quarter ended June 30. The EMS firm took a net loss of $1.5 million in the year ago period.
RONKONKOMA, NY -- API Technologies Corp. today reported record fiscal fourth-quarter revenue of $30.1 million, up 378% from 2009 on higher sales and acquisitions.
NEENAH, WI -- Electronics manufacturing services provider Plexus will temporarily suspend operations in one of its Oradea, Romania, plants after a fire broke out after hours.
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