TUALATIN, OR – LPKF Laser & Electronics has downgraded its earnings forecast for the current financial year, citing weaker-than-expected orders.
MALMO, SWEDEN – PartnerTech reported third-quarter net sales of SEK 530 million, up 0.38% year-over-year. The electronics manufacturer posted after-tax losses of
SEK 10 million for the quarter, compared to profits of SEK 7 million in the same period last year.
TEMPE, AZ – Amtech Systems will acquire BTU International in an all-stock transaction valued at $32.5 million, the firms say.
ANGLETON, TX – Benchmark Electronics reported third-quarter revenue of $731 million, up 22% year-over-year, and up 2% sequentially.
NEENAH, WI -- Plexus today announced fiscal fourth quarter net income rose 8.1% to $26.5 million on a 7.4% hike in sales.
SIEVI, FINLAND – Scanfil EMS says it is planning for temporary layoffs of 25 to 45 employees at its plant here, for no more than 90 days between Dec. 1 and April 30.
BILLINGSTAD, NORWAY – Peter Nilsson will assume the role of CEO of Kitron on Nov. 10, the company announced.
TORONTO -- Celestica president and chief executive Craig Muhlhauser will retire from the company by the end of 2015, he announced in a letter to the company's board.
TORONTO – Celestica reported third-quarter revenue ended Sept. 30 of $1.42 billion, down 5% year-over-year.
SAN JOSE — The 90-day moving average orders at North America-based semiconductor equipment manufacturers rose 18.1% year-over-year to $1.17 billion worldwide in September, the industry trade group SEMI said today.
GLENVIEW, IL -- Illinois Tool Works' Test, Measurement and Electronics business unit reported jumps in revenue and operating margin for third quarter ended Sept. 30.
ARMONK, NY -- GlobalFoundries has signed a definitive agreement to acquire IBM's money-losing commercial semiconductor technology business, along with $1.5 billion of Big Blue's cash, the companies announced today.