WATERTOWN, SD – Contract manufacturer OEM Worldwide said it has changed its name to Onyx EMS.

Onyx provides manufacturing of medical equipment, industrial equipment and controls, and network and telephone systems. The company anticipates further expansion in military, aerospace and smart grid markets.

Onyx is also completing an $11 million expansion and improvement project to their manufacturing and engineering facilities over the next four years. The company broke ground on a 50,000 sq. ft. expansion to their headquarters in September. The expansion will double the company’s system-build and warehousing capacity.

The firm also plans to upgrade and replace automated printed circuit board assembly equipment to increase current manufacturing capacity and prepare the company for expansion.

Last February, the company opened a Twin Cities technical sales office in Minneapolis. Onyx expects to add up to an additional 140 technically skilled jobs to its board assembly, test and high-level assembly operations.

CHANDLER, AZ – Amkor Technology said it would convert all of its 19mm through 31mm body size plastic ball grid array packages to pin-gate molding over the next few years.

FRAMINGHAM, MA – Third-quarter worldwide PC microprocessor revenues went up 12.2% sequentially and 16.1% year-over-year, to $10.7 billion, says IDC.

On a shipment basis, the PC microprocessor market rose 6.7% compared to the second quarter and increased 5.2% compared to the third quarter of 2010.

“The average selling price that brand vendors pay for PC microprocessors rose more than 5% in the third quarter of 2011,” said Shane Rau, director of semiconductors: personal computing research at IDC. “And it was the eighth quarter in a row that ASPs rose. Clearly, Intel's Sandy Bridge and AMD's Fusion microprocessors with integrated graphic processors are rising in each company's product stack and driving the price increase. At the same time, low-end processors, notably Intel's Atom processors, are declining as a percentage of the unit mix.”

Processors with IGP rose to 73% of total PC processor shipment volume in the third quarter, the firm notes.

For the quarter, Intel earned 80.2% overall worldwide shipment market share, a gain of 0.9 percentage point sequentially. Meanwhile, AMD earned 19.7%, a loss of 0.7 percentage point compared to the second quarter. VIA Technologies earned 0.1%, a loss of 0.2 percentage point.

Intel earned 82.3% share in the mobile PC processor segment, a loss of 2.1 percentage points. AMD finished with 17.6%, a gain of 2.4%, and VIA earned 0.1%.
In the PC server/workstation processor segment, Intel finished with 95.1% market share, a gain of 0.6 percentage point, and AMD earned 4.9%, a loss of 0.6 percentage point.

In the desktop PC processor segment, Intel earned 75.8%, a gain of 4.8 percentage points, and AMD earned 24.1%, a loss of 4.8 percentage points.

ANAHEIM, CA -- Multi-Fineline Electronix reported fiscal fourth-quarter net income fell 61% to $2.4 million on $2 million in restructuring costs and slower sales.

KEMPELE, FINLAND – PKC Group, a provider of contract assembly and wire harnesses, reported third-quarter profits rose 17.6 million euros, up 22% year-over-year.

Consolidated net sales in the September quarter grew 37.5% year-over-year to 308.2 million euros.

Net sales generated by the electronics business decreased 13.7% to 17.7 million euros. The segment generated an operating profit of 1.7 million euros, down 48.5% year-over-year, equivalent to 9.8% of the segment’s net sales.

“The fall in demand for the design and manufacturing services of PKC’s electronics business during the first nine months of the year resulted in a weakening of the whole segment’s turnover and profit in comparison with the previous year. However, profitability clearly improved during the third quarter from the level at the start of the year,” said Harri Suutari, president and CEO.

PKC said demand from the industrial sector rose in the first half but started to fall during the third quarter in both Europe and China. The weakening was a result of economic uncertainty in Europe and a reduction in wind power investments in China. New regulations introduced in China concerning wind power have temporarily reduced investments, the company said. Also, PKC’s electronics business was hurt by a change in product strategy by a telecommunications customer.

PKC also announced it has closed its acquisition of the AEES companies.

Euro 1 = US$1.3848

DONGGUAN – Foxconn's new plant here has not yet begun operations as scheduled, say published reports.

Lessening demand in foreign markets could be the culprit, according to industry analysts.

The plan was for the plant to begin production in March, with expected 2011 revenue of $100 million.

In January, the electronics manufacturer signed an agreement for a 100,000 m2 factory to produce components for small- and mid-sized touch screens and flat panels.

The project would cost $100 million, with an investment of $25 million, says the local government.

Foxconn has not commented on the situation.

SCOTTS VALLEY, CA -- Seagate today gave firmer guidance for its hard drive shipments over the next two quarters, saying the total units delivered would be at the low end of previous guidance.

KORAT, THAILAND — Benchmark Electronics has begun operations at its previously vacant manufacturing facility here, in response to the massive flooding that has sidelined much of the country's EMS plants.

MINNEAPOLIS -- Nortech Systems today reported net income rose 44% on a 9% increase in sales for the quarter ended Sept. 30.

NORTH BILLERICA, MA — BTU International reported a third-quarter net loss of $2 million, due in part to restructuring charges of $352,000.

SAN JOSE – Electronics manufacturing services provider Sanmina-SCI Corp. reported fourth-quarter net income slid on heavy restructuring charges related to its acquisition of Breconridge last year.

Fourth-quarter profits were $18.1 million, down 42.4% year-over-year, and up 92.5% sequentially. Revenue was $1.7 billion, up 1.3% sequentially and nearly flat year-over-year. GAAP operating income was $53.5 million or 3.2% of revenue, up 1.13% sequentially, and down 8.1% year-over-year. Inventory turns fell to 7 from 7.2.

The company took $14 million in one-time charges, due partially to the move of all high-volume optical production from Canada to a factory in Guadalajara, Mexico. The pricing environment has been stable, CFO Bob Eulau said.  Cash flow from operations for the quarter was $79 million and capital expenditures were $24 million. The company's largest customer is Nokia Siemens.

Revenue for fiscal 2011 was $6.6 billion, up 4.5% compared to the prior year. GAAP operating income was $212 million, up 3.5% year-over-year. GAAP net income was $68.9 million, down 43.7% compared to fiscal 2010.

“Despite headwinds in the market, we had a solid fourth quarter,” said Jure Sola, chairman and CEO.  ”Our first quarter fiscal 2012 guidance represents uncertainty in the market, push-outs from customers and potential supply constraints related to the Thailand floods. Fiscal 2012 is difficult to forecast at this time, but I am cautiously optimistic we will deliver improvements.”

On a Nov. 1 conference call with analysts, Sola said the company's overall capacity utilization was 85% to 90% in terms of personnel and 75% in terms of equipment. Sanmina expects first fiscal quarter 2012 revenue between $1.5 billion to $1.6 billion.

For the quarter, computing was up 2.8%, bringing the spike to 14% for the year. Sola also indicated that the defense segment, which was down in 2011, is not expected to recover quickly in 2012. Growth is expected in other businesses, including multimedia.

The company's facility in Thailand, which makes up 3% to 4% of overall sales, has not been affected by the local floods and is still operating.

Sanmina is a top 40 PCB fabricator: http://pcdandf.com/cms/component/content/article/237-2011-issues/8280-nti-100.

TEMPE, AZ – Economic activity in the manufacturing sector expanded in October for the 27th consecutive month, according to the Institute for Supply Management.
 
The PMI was down 0.8 percentage point to 50.8%, while new orders were up 2.8 percentage points to 52.4%. Production dropped 1.1 points to 50.1%, and inventories fell 5.3 percentage points to 46.7%. Customer inventories were 43.5%, down 5.5 percentage points. Backlogs were up 6 points to 47.5%.
 
“The PMI registered 50.8%, a decrease of 0.8 percentage point from September's reading of 51.6%, indicating expansion in the manufacturing sector for the 27th consecutive month. The New Orders Index increased 2.8 percentage points from September to 52.4%, indicating a return to growth after three months of contraction. The Prices Index, at 41%, dropped 15 percentage points, and is below the 50% mark for the first time since May 2009 when it registered 43.5%. Inventories decreased to 46.7%, which is 5.3 percentage points below the September reading of 52%. Comments from respondents are mixed, indicating positive relief from raw materials pricing and continuing strength in a few industries, but there is also more concern and caution about growth in this uncertain economy,” said ISM chair Bradley J. Holcomb.
 
The overall economy grew for the 29th consecutive month.