News
VANCOUVER, BC – Northstar Electronics reported third-quarter revenues fell 1.2% to $676,149 versus last year. The net loss widened 638% to $332,604 on program certification startup costs.
Year-to-date revenues are up 26% to $1.7 million, although the net loss has widened 120% to $1 million.
TIJUANA, MEXICO -- Samsung's television manufacturing plant here is running on a full schedule again after closing for two days to rebalance inventories.
Samsung, the world's largest TV maker, said the site went to a four-day week temporarily after Circuit City, a large customer, declared bankruptcy.
Reports claim Samsung is considering similar moves at its South Korea factories during the week following Christmas.
GREENVILLE, WI – EMS provider Plexus Corp. bought a facility in Greenville, WI from Neenah Paper for $7.5 million, say published reports.
The 200,000 sq. ft. facility, formerly owned by Fox River Paper Co., had been vacant about six months.
Neenah Paper acquired the 15-year-old facility when it closed its $52 million deal for Fox Valley Corp. in March 2007.
EL SEGUNDO, CA – Amid rapidly deteriorating conditions in the global economy and financial system, iSuppli Corp. has slashed its 2009 forecast for PC unit shipments nearly two-thirds.
SPOKANE, WA – ACE Production Technologies has invested in a selective soldering process development laboratory here.
The lab is equipped with the latest soldering equipment and process development tools, thermal sensors and monitors. It contains traveling mini-wave systems, solder fountains, spray and drop-jet fluxing systems, the LTS 200 lead tinning system and a nitrogen generator. It is also equipped with x-ray equipment and solderability and cleanliness test systems.
Process development services are provided at no cost to new customers, and ongoing development services are negotiated on an as-required basis.
The firm says it has sold more than 300 systems during the past few years.
TAIPEI – Hon Hai Precision Industry Co., the parent of Foxconn Electronics, has acquired a 16% stake in silicon foundry Advanced Microelectronic Products for $4.3 million.
AMP produces a small number – reportedly 30,000 wafers a month – of analog ICs and MOSFETs.
Press Releases
- Clemsa Achieves up to 75% Faster Changeovers and Higher Quality with Europlacer SMT placement line
- Nordson Test & Inspection to Unveil Next-Generation Inspection and Metrology Technology at SEMICON Taiwan
- AIM Solder Announces New Distribution Partnership with Covermat Co., Ltd. in Thailand
- Automated Production Equipment and Manncorp Announce Strategic Partnership to Expand SMT Solutions for U.S. Electronics Manufacturers