News
MALMÖ, SWEDEN – PartnerTech, the largest EMS company in Scandinavia, reported third-quarter sales fell 7.7% to$71 million. The operating profit dropped 29% to SEK $1.27 million, while net profits fell 36% to $584,000.
Year to date sales were $233 million, down 5.4% year-over-year. The company swung to a net loss of $174,000. Cash flow after investments amounted to $4.1 million.
Through September, sales of terminals and machine solutions are up 11.3% on higher demand. Medical equipment sales fell 18.4%. Industrial and telecom, the company’s biggest segment, fell 7.6%.
During the quarter, PartnerTech reduced headcount by 65.
SIEVI, FINLAND – Scanfil reported third quarter sales fell 5% year-over-year to $70 million and operating profits dropped 7% to $6.5 million.
Year-to-date revenues totaled $205 million, down 3% from 2007. Operating profits rose 26.7% to $20.8 million. Net profits were up 25% to $16.8 million.
Year to date, shipments rose 4.5%, and orders were down 1.1%. Sequentially, combined shipments for September were up 3.8%; orders were up 13.3%. The book-to-bill ratio remained at 0.95.
A year ago, the electronics manufacturing services company reported sales of $55.5 million and gross earnings before taxes of $1.9 million.
The trade group had previously made its case to the Öko-Institut, which was charged with drafting the list.
TBBPA, a a reactive flame retardant used in most printed circuit board laminates, has been reported to be included among five substances for priority assessment and potential inclusion in RoHS by media who claimed to have seen the proposal. It is reportedly used in more than two-thirds of electrical and electronics appliances.
Citing the strong body of technical evidence, IPC claims TBBPA is not a risk and should not be included in future RoHS documents. "TBBPA has already undergone a comprehensive EU Risk Assessment and, therefore, is not expected to be subject to authorization under REACH,” IPC said in the letter. "The recommendation for priority review of TBBPA under RoHS seemingly undermines the EU’s emerging chemicals policy and law under REACH. We urge the commission to reconsider the inclusion of TBBPA in its list of ‘priority review’ substances under RoHS.”
Following interagency review of the proposal, the EU Commission will present the proposed RoHS Revision to the European Parliament.
To see the IPC letter, click here.
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