News
BUDAPEST -- Flextronics International will lay off up to 950 employees -- nearly half its workforce -- at its plant in Nyiregyhaza, in eastern Hungary, Reuters reported Tuesday, citing a local news agency.
According to the report, Flextronics has advised the local officials about the layoff.
The company reportedly employs 2,000 at the plant, which makes appliances and office electronics.
The report said Flextronics cited seasonality for the impeding layoffs.
According to the report, Flextronics has advised the local officials about the layoff.
The company reportedly employs 2,000 at the plant, which makes appliances and office electronics.
The report said Flextronics cited seasonality for the impeding layoffs.
TORONTO -- SMTC Corp., a mid-tier EMS provider, has begun building assemblies and perform final integration for an unspecified program for Telco Systems. No financial terms were announced.
Telco is a wholly owned subsidiary of BATM Advanced Communications, a provider of carrier-class transport and access gear for IP and TDM networks.
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Telco is a wholly owned subsidiary of BATM Advanced Communications, a provider of carrier-class transport and access gear for IP and TDM networks.
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SMTC is performing printed
circuit board assembly and full chassis fabrication, integration and
testing. Production began last quarter and will ramp to volume through the first quarter 2006.
SMTC is building assemblies in Toronto, and conducting chassis fabrication, PCBA integration, final test, and configuration in Boston.
ANGLETON, TX -- Benchmark Electronics
reported sales
of $625 million for its fourth quarter, up sharply from $524
million last year. Net income was up $4.5 million, to $24.7
million, for the quarter ended Dec. 31.
The company said it will expand its low-cost capacity while realigning elsewhere, specifically in in the U.K. It said it would take a $3.5 million to $4.5 million pretax charge for the closure of its U.K. facility.
The company said it will expand its low-cost capacity while realigning elsewhere, specifically in in the U.K. It said it would take a $3.5 million to $4.5 million pretax charge for the closure of its U.K. facility.
ANAHEIM, CA — Another Apex has come and gone, and what have we learned?
That the industry is busier today than it was a year ago.
That most -- but not all -- companies expect another solid year in 2006.
That the industry is busier today than it was a year ago.
That most -- but not all -- companies expect another solid year in 2006.
ATLANTA -- Industry analyst Walt Custer will present his take on the global economic situation in a free presentation over the Internet later this month.
The live two-hour Webinar takes place Feb. 28, at 2 pm EST. To register, go to www.pbrseminars.com.
The live two-hour Webinar takes place Feb. 28, at 2 pm EST. To register, go to www.pbrseminars.com.
SARATOGA, CA – Revenues and unit sales of
ICs worldwide are expected to be in the double digits, says a leading research firm.
Revenues and unit sales grew 7.8% and 10.6%, respectively, in 2005, Advanced Forecasting said.
Revenues and unit sales grew 7.8% and 10.6%, respectively, in 2005, Advanced Forecasting said.
Press Releases
- Altus Group Invests in Major Headquarters Expansion to Showcase Complete Turnkey Manufacturing Capability
- ViTrox Americas Welcomes Eric Cruz as Technical Support Engineer
- ECD Strengthens Engineering Team with New Software Development Hire
- ViTrox Americas Welcomes Doug Ennis as Senior Field Applications & Service Engineer