News
ELK GROVE VILLAGE, IL -- SigmaTron International today reported fourth-quarter revenues fell 38.2% from a year ago to $27.2 million.
TAIPEI -- Hon Hai Precision Industry (Foxconn) reported June revenue rose 19.1% year-over-year to NT$128 billion ($3.9 billion).
PALO ALTO, CA -- Hewlett-Packard, the world's leading PC maker, and Foxconn (Hon Hai) reportedly will invest $60 million toward a PC manufacturing site in Turkey.
The program will ultimately employ around 2,000 workers.
The units will be sold in Turkey and the Middle East, the reports said.
The program will ultimately employ around 2,000 workers.
The units will be sold in Turkey and the Middle East, the reports said.
MELVILLE, NY – Electronics components distributor Nu Horizons Electronics reported first-quarter fiscal 2010 net sales of $147.8 million, down 26.2% year-over-year.
The net loss for the quarter was $944,000, compared to net income of $1.15 million in the first quarter of the prior year.
Sequentially, net sales decreased 2% year-over-year, from $150.77 million for the fourth quarter of fiscal 2009.
Sequentially, the actives segment saw sales grow $4.83 million (13.2%) in Asia and $445,000 (2.5%) in Europe, offset by a $6.9 million (8%) decline in North America.
Gross profit for actives decreased 29.8% compared to the prior comparable period, and 9.6% sequentially. Gross profit passives dropped 44.9% year-over-year and 14.3% sequentially.
The net loss for the quarter was $944,000, compared to net income of $1.15 million in the first quarter of the prior year.
Sequentially, net sales decreased 2% year-over-year, from $150.77 million for the fourth quarter of fiscal 2009.
Sequentially, the actives segment saw sales grow $4.83 million (13.2%) in Asia and $445,000 (2.5%) in Europe, offset by a $6.9 million (8%) decline in North America.
Gross profit for actives decreased 29.8% compared to the prior comparable period, and 9.6% sequentially. Gross profit passives dropped 44.9% year-over-year and 14.3% sequentially.
MAMLO, SWEDEN -- Top 40 EMS firm PartnerTech reported second-quarter net sales fell 25% year-over-year to SEK 519.5 million ($66.1 million).
WUHAN, CHINA -- Foxconn Technology Group's (Hon Hai) large H-P program win could mean a major expansion for its plant here, with up to 10,000 new hires this year alone, according to published reports.
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