MACAO -- Top 15 EMS provider Nam Tai Electronics today reported second-quarter net income rose 110% to $38.8 million despite a 7.4% drop in sales.
For the period ended June 30, the company reported revenues of $197.8 million, down from $213.7 million a year ago. Gross margins were up nearly two points to 11.5%.
CHENNAI, INDIA – The EMS Alliance, a group of multinational
electronics manufacturing firms, said the size of India's electronics industry
is currently at $25 billion and thinks it will grow 36% in the next two years.
It also forecasts its member revenues from India to rise to
$2 billion, a 39% increase in just two years.
The consortium is planning a major manufacturing base in
India to focus on the local electronics market.
According to the government, consumer electronic production
for 2006 through 2007 was almost $5 billion, a growth rate of about 10%
year-over-year, with CE accounting for 35% of total electronics hardware
production.
WEST BRIDGEWATER, MA – Sunburst EMS is building NeuroMetrix's latest neurodiagnostic instrumentation equipment, the company said today. Sunburst has established a dedicated space within its plant for the Neurometrix product, a standalone, vertically-integrated work cell for board-level functional test, sub-unit functional test, systems test, and final customer packaging.
Sunburst has built NeuroMetrix’s NC Stat System since September 2005.