NOTE Slumps in Q1 PDF Print E-mail
Written by Mike Buetow   
Tuesday, 21 April 2009 09:51

STOCKHOLM -- NOTE AB, a top 50 EMS company, reported March quarter sales of SEK 329.1 ($38.6 million), down 23% from a year ago.

The net loss was SEK 11.1 million, down from a profit of 11.5 million.

The operating loss was SEK 8.6 million, down from a profit of 13.8 million. The operating margin was -2.6%.

The company burned SEK 15.3 million in cash flow after investments during the quarter.

During the period, NOTE laid off 91 workers in Sweden, or 16% of its workforce.

 

Ed.: 1 SEK = 0.117304 USD

 

 

Last Updated on Tuesday, 21 April 2009 10:54
 

Columns

Eastern-US: China’s New Competitor?

Parity emerges among EMS Factories from Asia, Mexico and the US.

For the first time in years we see parity in the Eastern US among EMS factories from Asia, Mexico and the US. This EMS market condition will permit American OEMs (the EMS industry refers to OEMs as customers) to have more EMS pathways to choose from. Now more than ever, such EMS assignments will require deeper investigation relating to the OEMs’ evaluation of manufacturing strategies.

Read more...
 
The Human Touch

For those who count on the electronics industry for big feats, it’s been a remarkable couple of years.

Read more...
 

Features

Advances in Concentration Monitoring and Closed-Loop Control

Contaminated bath water skews refractive index results. New technology can accurately measure aqueous cleaning agent concentration.

Read more...
 
Circuits Disassembly: Materials Characterization and Failure Analysis

A systematic approach to nonconventional methods of encapsulant removal.

Read more...
 

Search

Search

Login

CB Login

Language

Language

English French German Italian Portuguese Russian Spanish
 

Products

Panasonic Debuts PanaCIM Maintenance with Augmented Reality
PanaCIM Maintenance with Augmented Reality software provides instant communication and information to factory technicians -- when and where it is needed -- so they can respond to factory needs more...