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Kongsberg to supply satellite ground services to NASA

August 18, 2017
Kongsberg Satellite Services (KSAT) has signed an expanded contract extension for satellite ground services to the National Aeronautic and Space Administration (NASA). » Evertiq Source: Kongsberg to supply satellite ground services to NASA

Germany’s biggest EMS providers

August 14, 2017
In the run up to the release of its annual strategic analysis of the European EMS industry Reed Electronics Research has updated its ranking for Top 10 leading German EMS providers for 2016. Source: Germany’s Read More

Foxconn Q2 earnings hit by Nokia and Snapdeal losses

August 14, 2017
TAIPEI — Key iPhone assembler Hon Hai Precision Industry, commonly known as Foxconn Technology Group, on Friday reported lackluster results for the second quarter as a subsidiary incurred substantial losses from investments in Nokia’s feature Read More

Foxconn considers driverless car R&D facility in MI

August 13, 2017
Foxconn is considering building a “multi-billion dollar” R&D facility in Michigan for self-driving cars, reports the South China Morning Post. This story continues at Foxconn considers driverless car R&D facility in Michigan Or just read Read More

Compal revenues up 23.86% on year in July

August 11, 2017
Compal Electronics has reported consolidated revenues of NT$70.523 billion (US$2.33 billion) for July 2017, representing a 14.63% drop on month and 23.86% increase on year. Source: Compal revenues up 23.86% on year in July

IMI Revenues Up 22% in 1H 2017

August 9, 2017
Revenues for IMI’s EMS operations in the Philippines increased 2 percent to $111.9 million due to the automotive camera and industrial businesses. IMI Philippines recently started operations on motorcycle manufacture and assembly, a joint venture Read More

Venture 1H 2017 Net Profit Jumps 50%

August 8, 2017
In the second quarter of 2017, Singapore-based EMS firm Venture Corp. Ltd registered a 61% jump in net profit to S$69.8 million. This improvement in profitability is made possible through high value creation and capture Read More

Kimball Electronics posts 4Q profit

August 6, 2017
JASPER, Ind. (AP) _ Kimball Electronics Inc. (KE) on Wednesday reported fiscal fourth-quarter profit of $8.1 million. On a per-share basis, the Jasper, Indiana-based company said it had net income of 30 cents. The electronics Read More

Flextronics misses 1Q profit forecasts

August 6, 2017
SINGAPORE (AP) _ Flextronics International Ltd. (FLEX) on Thursday reported fiscal first-quarter profit of $124.7 million. On a per-share basis, the Singapore-based company said it had profit of 23 cents. Earnings, adjusted for one-time gains Read More
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