Finance News.

Jabil Buys SGI Plant to Secure Contract

Jabil Circuit Inc. has agreed to purchase Silicon Graphics International Corp.’s main manufacturing facility in the United States in addition to certain other assets as the two companies seal their previously announced outsourced production deal. Under the terms of the engagement, contract manufacturer Jabil will become the primary provider of outsourced manufacturing and supply chain…

Flextronics Places Huge Bet on Google

Google Inc. is fast becoming the hottest must-have partner for many supply chain service providers in the electronics manufacturing industry. With the Web search engine provider expanding its roster of electronics hardware, sales and profit opportunities running into billions of dollars have opened up at the company for semiconductor makers and other component suppliers, distributors,…

Consumer & Mobility Alter the Electronics Landscape, Part 1

Electronics Here, There, Everywhere: Implications for Industry Design Chain & Supply Chain Landscape. That was the initial headline for this article but the lengthy wording worked against this choice and a shorter title was substituted. Yet, this analogy demonstrates clearly what’s happening in the world of electronics and how the ubiquity of semiconductors and other…

Digi-Key in China? Yes. Soon, Too

Digi-Key Corp. is expanding operations globally and plans in the near future to establish its first office in China in furtherance of an internationalization program that will see the electronics components distributor putting “boots on the ground” in key European, Middle East and Asian locations, according to company executives. The company in the last year…

TowerJazz Q3 Loss Widens on Sales Decline

Tower Semiconductor Ltd. posted a wider loss in the third quarter, hammered by declining revenue and amortization charges although the company said its financial results improved sequentially, continuing a trend that began earlier in the year. The Israeli chipmaker reported its net loss expanded to $31.8 million in the third quarter ended Sept. 30 from…