News
OLATHE, KS – Elecsys Corp. reported fourth-quarter sales rose 33% to $6.9 million. For the quarter, net income fell 19% to $263,000. Operating income was $690,000, up 69%, while gross margin was approximately 37% of sales, up nine points.
For the fiscal year ended April 30, sales were up 18% to $23.4 million, and net income was $688,000, down from $1 million in 2007, when the company booked a $324,000 gain on the sale of a former facility. Operating income was up 12% to $1.7 million, Gross margin was up five points to 35%.
Sales at DCI, the company’s EMS unit, fell $1.4 million because sales reported at DCI no longer include sales made to its new Radix subsidiary. The prior year included sales of $4,454,000 to the former Radix International Corp.
“DCI, the company's largest subsidiary continues to deliver quality products to niche markets and we expect that its specialized expertise in electronic design and manufacturing services should permit it to continue to experience steady growth,” the company said in a statement.
SUZHOU, CHINA – Last week, Foxconn announced plans to expand into North America. Today, EMS rival Flextronics returned the favor.
ANGLETON, TX – Benchmark Electronics reported second-quarter
sales of $682 million, down 9.8% year-over-year. Net income was down 15.4% to
$22 million for the period ended June 30.
Revenues were well below Wall Street estimates of $727 million.
SAN JOSE – EMS provider Sanmina-SCI Corp. today reported fiscal third-quarter revenue of $1.9 billion, up 4.7% sequentially and 13.7% year-over-year.
SAN JOSE – The MicroElectronics Packaging and Test Engineering Council announced its 3rd Annual Medical Electronics symposium – Technology Concepts Enabling Product Reality – at Arizona State University in Tempe on Sept 25.
The program is divided into the following areas: revolutionary concepts in medical electronics; advanced materials for medical electronics; key enabling technologies, and next-generation of bio-medical systems.
To register, visit www.meptec.org.
The program is divided into the following areas: revolutionary concepts in medical electronics; advanced materials for medical electronics; key enabling technologies, and next-generation of bio-medical systems.
To register, visit www.meptec.org.
SAN FRANCISCO – It didn’t take much looking to realize what SemiCon West was missing this year: the equipment.
Press Releases
- SEMI Applauds Statement from Senators Crapo and Wyden Supporting U.S. Tax Credit for Semiconductor Manufacturing
- ECIA’s July Industry Pulse Sentiment Index Suffers Summer Slide and Dips 12.5 Points from June High
- Datest to Host Siemens EDA Webinar on Data-Driven PCB Test Planning for Increasingly Complex Electronics Designs
- StenTech Expands North American Manufacturing Capacity Through Strategic Investment