Circuits Assembly Online Magazine - News

Latest News

LUXEMBOURG -- Elcoteq, the world's sixth-largest EMS firm, reported March quarter revenues fell 48% to year-over-year to 470 million euros ($626.8 million).

TEMPE, AZ -- US manufacturing activity slipped in April for the 15th consecutive month, but the rate of new orders jumped six points to its highest level since September, according to the latest poll of the nation's executives.

SAN JOSE – Worldwide semiconductor sales rose 3.3% sequentially to $14.7 billion in March, the Semiconductor Industry Association reported today.

LOS ALTOS, CA – Revenue from Industrial and Instrument electronics will fall 10% this year, despite the continuing strength of the medical market.

TEMPE, AZ – Meptec and SMTA are combining their 2009 Medical Electronics symposia.

MANKATO, MN – Winland Electronics announced first-quarter net sales of $7.2 million, up 1.7% year-over-year.

SINGAPORE – Electronics manufacturing services provider Venture Corp. reported first-quarter revenue of S$725.5 million, down 22.7% year-over-year.

NEENAH, WI -- Plexus reported fiscal second-quarter net income of $5 million, down 77% from last year, on a 14% drop in net sales.

SAN JOSE -- Flextronics reported fourth-quarter net sales fell 28% to $5.6 billion and adjusted net income dropped 90% to $21.7 million.

ST. LOUIS -- Top 35 EMS company LaBarge Inc. reported third-quarter net sales of $72.2 million, down 4% year-over-year. Not including the $13.6 million contributed by the Pensar acquisition, sales were down 21%.

TAIPEI -- Hon Hai Precision Industry (Foxconn) reported first-quarter net sales fell 7.9% year-over-year to NT$277.9 billion ($8.2 billion).

NORTH BILLERICA, MA -- BTU International reported first-quarter net sales fell 41% from last year to $9.8 million while its net loss was $4.6 million, versus net income of $100,000 last year.