SAN JOSE -- Sanmina-SCI Corp.'s fourth-quarter sales fell 2% to $2.77 billion
versus last year, the company said last night. The company provided preliminary results but did not release full
results due to an ongoing restatement of past financial reports, It said it expects to post
between a penny-per-share loss and profit of 1 cent per share,
excluding one-time items.
For the year, sales fell 6% to $10.96 billion.
On a conference call with analysts, Sanmina guided for first-quarter sales of $2.7 billion to $2.85
billion and for fiscal 2007 sales of $11.8 billion to $12.3 billion. The company forecast operating margins of 7 to 7.5%.
In a research note, Deutsche Bank analyst Carter Shoop called the fiscal 2007 guidance "bullish," adding, "We believe the low-end of guidance will prove difficult to achieve."
ATLANTA –
ASYS Inc., the maker of automation equipment for electronics manufacturing, will represent Rehm Thermal System
Solutions in Brazil. The
representation includes sales and service, the company said in a press release. ASYS maintains offices in Sao Paulo and Manaus, Brazil.
Germany-based Rehm provides reflow sytems, curring and drying ovens and customized thermal
systems. IT has more than 1,800 reflow systems installed worldwide.
ASYS makes SMD board handlers, laser and label marking systems, depaneling systems and other equipment. It is also the parent company for EKRA.
PALO ALTO, CA -- H-P reported fourth-quarter net
income of $1.7 billion, up fourfold from last year, on a sales jump of 7% to $24.6 billion. Demand was strong for PCs, printers, the company said.
The news was tempered by revelations that the Securities and Exchange Commission has launched a formal inquiry into the company's "pretexting" investigation, in which members of the H-P board reportedly authorized the gathering of information on other board members and company employees. It was later revealed that illegal means were used to gain the information.
Excluding one-time items, H-P said it would have earned $1.9 billion. Last year's
results included $1.57 billion in restructuring charges.
SAN JOSE – Demand for semiconductor devices will continue unabated through 2009, Semiconductor Industry Association said yesterday in a Webcast annoucning its annual forecast.
A strong wave of consumer demand for electronic products will push sales to $321 billion in 2009, a compound annual growth rate of 9%. Total worldwide sales were $227.5 billion last year.
WEYMOUTH -- DEK has stepped up its collaboration with top vision
OEMs following the completion of a recent solder paste inspection
development project.
The collaborative project integrated DEK paste printer event data with
post-print inspection and SPC reports from the SPI system. The output
enables users to pinpoint paste-related printing issues in real-time,
DEK said in a press release.
DEK, in conjuction with AOI equipment providers Orbotech, CyberOptics and Koh Young, is working on improving measurement accuracy for print quality control.