News
ST. LOUIS, MO - Laird Technologies has acquired AeroComm for $38 million. AeroComm designs and manufactures wireless communications systems for low- to mid-volume OEM applications. Key applications include gaming machines, industrial automation, lighting controls, heavy equipment telemetry, athletic event scoreboards, wheel alignment sensor systems, and automatic utility meter readers. Lenexa, KS-based AeroComm reported 2006 profits of $2.9 million.
Laird designs and manufactures antenna solutions, electromagnetic interference (EMI) shielding products, telematics, signal integrity products and thermal management solutions.
Laird designs and manufactures antenna solutions, electromagnetic interference (EMI) shielding products, telematics, signal integrity products and thermal management solutions.
DELEON SPRINGS, FL -- Sparton Electronics won a $13.8 million, two-year contract from the U.S. Navy to develop sonobuoys for detecting submarines.
The contract runs through February 2009 and could be worth as much as $19.6 million, if all options are exercised
The contract runs through February 2009 and could be worth as much as $19.6 million, if all options are exercised
LOS ANGELES - P. Kay Metal announced the
opening of its Shenzhen, China office – its first in Asia
Dr. Erik Severin will head the office, supporting the market development efforts of Wong's Kong King and other company distributors throughout the Pacific Rim. Dr. Severin has worked in new business development and with startup companies for the past seven years. He has a Ph.D. in chemistry from the California Institute of Technology.
Dr. Erik Severin will head the office, supporting the market development efforts of Wong's Kong King and other company distributors throughout the Pacific Rim. Dr. Severin has worked in new business development and with startup companies for the past seven years. He has a Ph.D. in chemistry from the California Institute of Technology.
BRUGGE, BELGIUM -- Jabil Circuit's production facility here will be liquidated later this month. The EMS firm leased the 116,000 sq. ft. facility, which also formerly housed a design center.
Jabil's lines at the site included DEK printers; Assembleon, Universal and Fuji placement equipment; and Vitronics soldering equipment.
The company said last fall it would shutter a few scattered sites.
Ten of the displaced workers were hired last month by IPTE NV to beef up its test automation programs for LCD TV, telecom equipment and automotive electronics.
Jabil's lines at the site included DEK printers; Assembleon, Universal and Fuji placement equipment; and Vitronics soldering equipment.
The company said last fall it would shutter a few scattered sites.
Ten of the displaced workers were hired last month by IPTE NV to beef up its test automation programs for LCD TV, telecom equipment and automotive electronics.
SAN JOSE -- EMS giant Sanmina-SCI's problems continued in the September quarter as earnings fell by $20 million on a 1.8% drop in revenue, to $2.71 billion. The company reported a net loss of $28.1 million, down from a loss of $8 million a year ago.
For fiscal 2006, revenues decreased 6.6% to $11 billion on weakness in its computing businesses, for which sales to existing customers fell $772 million. Other decreases included a $262 million drop in enclosures sales and a $186 million fall in storage systems. The net loss fell to $141.6 million, from a loss of $1.03 billion in fiscal 2005.
For fiscal 2006, revenues decreased 6.6% to $11 billion on weakness in its computing businesses, for which sales to existing customers fell $772 million. Other decreases included a $262 million drop in enclosures sales and a $186 million fall in storage systems. The net loss fell to $141.6 million, from a loss of $1.03 billion in fiscal 2005.
EL SEGUNDO, CA – Sales of electronics equipment will maintain growth rates this year, as global revenue will rise 6.7% to $1.47 trillion in 2007. iSuppli (isuppli.com) predicts. The research firm estimates sales rose 6.6% last year.
Data processing will be the fastest-growing segment, comprising some 28.8% of total electronics revenue. The sector is expected to grow 9.1% to $421.7 billion in 2007. Wired communications expand 7.2% $101.4 billion. Consumer electronics will grow 6.4% to $327.2 billion, the firm says.
Higher unit shipments and average selling prices will boost PCs, datacom’s largest segment. PC shipments will rise 10.2% to 262.9 million units in 2007. Dual-core microprocessors and the availability of a Microsoft’s Vista will spur growth, says iSuppli.
Meanwhile, three other segments will decelerate. Wireless communications will cool considerably, predicts iSuppli, growing 4.9%, after expanding 8.7% last year. Automotive and industrial will grow 4.5 and 5.7%, respectively, down slightly from 4.8 and 7.5%.
Data processing will be the fastest-growing segment, comprising some 28.8% of total electronics revenue. The sector is expected to grow 9.1% to $421.7 billion in 2007. Wired communications expand 7.2% $101.4 billion. Consumer electronics will grow 6.4% to $327.2 billion, the firm says.
Higher unit shipments and average selling prices will boost PCs, datacom’s largest segment. PC shipments will rise 10.2% to 262.9 million units in 2007. Dual-core microprocessors and the availability of a Microsoft’s Vista will spur growth, says iSuppli.
Meanwhile, three other segments will decelerate. Wireless communications will cool considerably, predicts iSuppli, growing 4.9%, after expanding 8.7% last year. Automotive and industrial will grow 4.5 and 5.7%, respectively, down slightly from 4.8 and 7.5%.
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- Semi-Kinetics Adds 2nd Pemtron X-Ray Inspection and Component Counting Capabilities as Part of California Expansion
- The Training Connection Continues to Grow with Addition of Veteran IPC Trainer Bill Graver