Circuits Assembly Online Magazine - News

Latest News

MILPITAS, CA -- Silicon Turnkey Solutions today announced the asset acquisition of Bay Area EMS, a Milpitas-based electronics manufacturing services company. Terms were not disclosed.

AUSTIN, TX — VirTex Enterprises has acquired fellow EMS MTI Electronics for an undisclosed sum. Menomonee Falls, WI-based MTI will become a wholly owned subsidiary and is expected to maintain its current operations and personnel.

NEENAH, WI – Plexus tonight reported fiscal first-quarter sales of $534 million, up 0.66% year-over-year. Net income was $17.7 million, up 6.6% compared to the same quarter last year.

IRVINE, CA -- MFlex today said preliminary fiscal first quarter revenue will be within previous company guidance albeit sharply lower than a year ago. Continued softness in the current quarter will spur restructuring and losses, the company said.

BANNOCKBURN, IL – IPC released a global survey this month to collect data for the IPC International Technology Roadmap for Electronic Interconnections, and for IPC’s 2014 Technology Trends Study.

ANGLETON, TX -- Benchmark Electronics today guided for higher-than-expected revenue for its fiscal fourth-quarter ended Oct. 24. The EMS company had previously guided for $685 million to $715 million in revenue for the period.

MINNEAPOLIS -- CyberOptics received a double dose of good news as its board settled on a permanent CEO and raised its outlook for the just-completed fourth quarter. The AOI equipment maker expects sales of $8.2 million to $8.6 million for the fourth quarter ended Dec. 31, exceeding previous sales guidance of $7 million to $8 million.

AUSTIN, TX – Embedded resistors, widely employed in the defense and aerospace industry, are finding new applications in consumer, telecom, computing and industrial, a new report says. Likewise, planar capacitance, used in the high-performance computing and communication segments for many years, is expanding into IC packages and modules thanks to higher capacitance levels now available, says TechSearch International.

TAIPEI -- Foxconn reported December consolidated revenues of NT$490.9 billion ($16.4 billion), a new company record. Sales were up 7.6% sequentially and 18.9% year-over-year.

BANNOCKBURN, IL – Total North American printed circuit board shipments increased 4% in November compared to the same month in 2012, says IPC.

KENOSHA, WI – Promation has completed the renovation of its soldering lab here.

SINGAPORE – Top 20 electronics manufacturing services company Venture is expected to show earnings growth of 11% in 2014, recovering from weak business in the first quarter of 2013, according to published reports.