News
RICHARDSON, TX – TXP Corp., ODM for the telecommunications industry, reported a second-quarter 2008 net loss of approximately $9.9 million compared to a net loss of approximately $1.5 million for the same period in 2007.
This included a non-cash loss of approximately $5.7 million.
The firm posted an operating loss of approximately $1.9 million, compared to an operating loss of about $1.1 million last year.
Revenue was approximately $3.31 million, up a slight 0.6% year-over-year.
SANTA CLARA, CA – Based on conjecture as a result of a dropping share price and dismal forecasts, server and software maker Sun Microsystems could be a prime takeover target for Hewlett-Packard, Fujitsu, IBM, Dell or another technology firm, say published reports.
If speculation comes to fruition, a sale of this caliber would mean a dollar amount in the billions.
No talks have been confirmed, but some analysts still say Sun is ripe for big players. However, other analysts say Sun’s goal is to fix the business rather than sell.
Sun has annual sales of $13.9 billion and a workforce of nearly 35,000 globally, according to published reports, making it the seventh-largest Silicon Valley-based firm.
The company said profits fell to $88 million from $329 million in the most recent quarter compared to the same period last year. Revenues were $3.78 billion, down 1.6% year-over-year.
Sun’s CFO, Mike Lehman, reportedly projected "modest, low-single-digit growth" in revenue for the next full year.
SINGAPORE – GlobalTronics, the biennial trade show, takes place here Sept. 9 through 12. This year’s event features a lineup of prominent speakers on a range of state-of-the-art and innovative products and services, plus embedded systems seminars, and a separate supply chain and logistics conference.
“We see new opportunities in the electronics manufacturing industry amid the many challenges that have recently arisen in the global market, from increasing inflationary pressures to more countries entering the contract manufacturing arena,” said Michelle Lim, general manager for Reed Exhibitions, Singapore and Malaysia, which produces the trade show. “Core manufacturing competencies and growing cost-effective skilled workforce have helped Asia be the leader in electronics manufacturing for many years. By taking advantage of these competencies and also constantly improving on the skills and strategies to elevate the value chain, Asia will continue to lead as the world’s producer and exporter of electronics. The challenge is to identify the higher value segments in the electronic components market, for example integrated circuits, testing and development of components and even design, which require higher levels of skilled workers to utilize advanced manufacturing technology.”
Reed expects nearly 400 exhibitors, and notes the last show, in 2006, attracted just fewer than 12,000 attendees.
“We see new opportunities in the electronics manufacturing industry amid the many challenges that have recently arisen in the global market, from increasing inflationary pressures to more countries entering the contract manufacturing arena,” said Michelle Lim, general manager for Reed Exhibitions, Singapore and Malaysia, which produces the trade show. “Core manufacturing competencies and growing cost-effective skilled workforce have helped Asia be the leader in electronics manufacturing for many years. By taking advantage of these competencies and also constantly improving on the skills and strategies to elevate the value chain, Asia will continue to lead as the world’s producer and exporter of electronics. The challenge is to identify the higher value segments in the electronic components market, for example integrated circuits, testing and development of components and even design, which require higher levels of skilled workers to utilize advanced manufacturing technology.”
Reed expects nearly 400 exhibitors, and notes the last show, in 2006, attracted just fewer than 12,000 attendees.
Press Releases
- SEHO North America to Host Academy Training in Cincinnati in October
- vAI from Viscom – Enhancing Performance with Artificial Intelligence at productronica India 2025
- Scanfil ranks in the top five percent of companies in EcoVadis sustainability assessment
- ECIA Executive Conference Committee Finalizes Program for “Amped Up, the Power of Tomorrow”