MIGDAL HAEMEK, ISRAEL -- Camtek reported first-quarter revenue rose 56% year-over-year to $27.5 million on increased demand from existing customers and new program wins.
Read more ...ANAHEIM, CA -- DDi today reported first-quarter net income rose year-over-year to $5 million on demand in the computer and instrumentation/medical segments. Read more ...
SAN JOSE – Sanmina-SCI Corp. today reported second-quarter fiscal 2011 net income of $13 million, up 30% year-over-year.
The electronics manufacturing services provider reported revenue of $1.57 billion, up 2.7% year-over-year, as defense contractors pushed out certain programs. GAAP operating income was $45 million, or 2.8% percent of revenue, flat with 2010.
Cash and cash equivalents increased $106 million over the prior quarter to $655 million. The company reduced inventory for the third quarter in a row.
The company said it was displeased with the results. "We are disappointed in our revenue and margin performance for the second quarter fiscal year 2011," said Jure Sola, chairman and CEO.
"Softness was broad-based, with a significant impact coming from weakness in the communications market and the delay in defense spending. We believe demand is improving and the second half will be stronger than the first half."
The EMS firm expects third-quarter revenue between $1.6 billion and $1.7 billion.
WALLINGFORD, CT -- Amphenol today reported first-quarter profits rose 30% to $128 million on broad-based demand for connectors and printed circuit boards.
Read more ...LAS VEGAS – A trio of Cisco engineers took home the US Best Paper honor at IPC Apex last week.
“A New Approach for Early Detection of PCB Pad Cratering Failures” was authored by Anurag Bansal, with coauthors Gnyaneshwar Ramakrishna and Kuo-Chuan Liu.
In the International Best Paper category, the winning paper was “Mechanical Shock Test Performance of SAC 105 and Tin-3.5% Silver BGA Components with SAC 305 Solder Paste on Nickel-Gold and OSP Board Surface Finishes,” by Jasbir Bath, Bath Technical Consultancy. His 11 coauthors include Wade Eagar and Chad Bigcraft, Motorola Solutions; Keith Newman and Livia Hu, Oracle America; Gregory Henshall, Ph.D., Hewlett-Packard; Jennifer Nguyen, Flextronics; M.J. Lee, Altera; Ahmer Syed, Amkor Technology; Weidong Xie, Cisco; and Fubin Song and Ricky Lee, Ph.D., Hong Kong University of Science and Technology.
Nearly 100 papers were submitted for consideration at the annual conference. Papers were evaluated on technical content, originality, test procedures and data used to deduce conclusions, quality of illustrations, and writing clarity.
LAS VEGAS – At the Apex Expo, IPC reelected one board member and elected three new board members.
They include returning member Shane Whiteside, chief operating officer of TTM Technologies; Bhawnesh Mathur, CEO of Epic Technologies; Ray Sharpe, CEO of Isola, and Mark Wolfe, vice president, quality supply management, Phoenix International Corp.
All four will serve four-year terms, through April 2015.
IPC also honored outgoing board directors Jack Calderon and Sammy Yi.