News
SAN JOSE -- Flextronics announced today that it has entered into a agreement with Juniper Networks to manufacture the company's security and networking products worth an estimated $350 million in revenue in calendar 2007.
Juniper did not state how the addition of Flextronics will affect its current EMS vendors, which include Plexus and Celestica, which currently split the business evenly.
Juniper did not state how the addition of Flextronics will affect its current EMS vendors, which include Plexus and Celestica, which currently split the business evenly.
ANGLETON, TX -- Electronics contract manufacturer Benchmark Electronics today reported sales
of $749 million for the June quarter, up 33.5% over last year. Net income was $27.5 million,
or up 47% from a year ago.
Benchmark guided for third quarter sales of $710 million and $750 million, and raised its full year guidance to $2.76 billion to $2.85 billion.
Benchmark guided for third quarter sales of $710 million and $750 million, and raised its full year guidance to $2.76 billion to $2.85 billion.
GLENVIEW, IL -- The worst kept secret in the industry was made official as Illinois Tool Works has finalized its acquisition of solder-paste supplier Kester Inc. Terms of the transaction were not disclosed.
