Fab News

SAN JOSE -- Sanmina-SCI reported third-quarter net income of $22 million, reversing a net loss of $42 million a year ago.

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SCHRAMBERG, GERMANY -- Schweizer Electronic reported first-half revenue of 50.8 million euros, up 80% year-over-year on strong demand from automotive and industrial customers. Read more ...

AYASE CITY, JAPAN -- Meiko Electronics reportedly will invest 38 billion yen (about $437 million) over the next three years to expand production in China and Vietnam. Read more ...

CHARLOTTE, NCCamstar Systems Inc. has acquired software firm SigmaQuest for an undisclosed amount.

Camstar expects the acquisition to increase revenue 30% in 2011.

The firm will merge SigmaQuest’s products with its software line by the end of 2010.

SigmaQuest’s staff in Sunnyvale, CA will move to Camstar’s office in San Jose.

Camstar produces software for solar manufacturing, medical devices, biotech, electronics and semiconductors. SigmaQuest’s software supports solar, electronics and medical-device industries, as well as aerospace, defense and telecom.

SAN JOSE -- Flextronics, the world's second-largest contract electronics manufacturer, said fiscal first-quarter net income was $118.2 million, up from a loss of $154 million last year.

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BANGKOK -- PCB maker Advanced Printed Circuit Board will acquire CKL Electronics of Thailand in a deal worth $6.76 million, according to published reports.

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