HELSINKI -- The parent company of top 40 EMS firm Scanfil has acquired a 40% stake in Panphonics, a leading provider of directional audio solutions.
Tampere, Finland-based Panphonics manufactures high-end speakers.
It is not clear whether Scanfil EMS, which specializes in telecom and industrial products, will directly benefit from the acquisition.
TAIPEI -- Top 20 contract assembler Universal Scientific Industrial reported May revenues rose 21% from a year ago to NT$4.88 billion ($151 million).
NEENAH, WI -- Plexus is building a design center in Germany, with an expected completion date in the December quarter.
ARLINGTON, VA -- Electronic component orders swung upward again in May, according to the monthly order index compiled by the Electronic Components Association.
BANNOCKBURN, IL – A group of leading solder manufacturers has issued a position statement showing its support for government intervention as a means to stop the flow of controversial metal ores from Congolese mines.
PICKERING, UK – Contract Production Ltd. has acquired EMS firm Micro Forge Ltd. for an undisclosed sum.
Contract Production, a new company, reportedly has retained most of Micro Forge’s staff, and plans to hire an undisclosed number of new workers.
The firm will focus on low to medium-size production runs, and technical and prototype design assistance.
Contract Production’s first major contract is with Cirrus Research.
BILLINGSTAD, NORWAY -- Kitron ASA will open a fully owned subsidiary in Johnstown, PA, early next year, the company said.
KEMPELE, FINLAND -- A subsidiary of Finnish EMS company PKC Group Oyj has begun proceedings to close a factory and lay off 45 workers.
BANNOCKBURN, IL – The IPC Solder Products Value Council has published a free white paper that provides a set of test protocols for the evaluation of new Pb-free alloys on the basis of their physical properties.