Jabil Posts 2Q12 Results

ST. PETERSBURG, Fla. — Jabil Circuit, Inc. (NYSE: JBL), today reported preliminary, unaudited financial second quarter of fiscal year 2012 net revenue of $4.2 billion. “We are continuing to see the benefits of investing in long-term solutions to drive growth in our Diversified Manufacturing Services business,” said Timothy L. Main, President and CEO of Jabil.…

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TTI Names Global Internet Business VP

FORT WORTH, Texas — TTI, Inc. announced today that Kevin Schubert, formerly Director, eBusiness, has been promoted to the position of Vice President of Global Internet Business. He will be responsible for the strategic direction and growth of TTI’s online presence including visibility, branding and enterprise business. Schubert joined TTI in 1999 and has worked…

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TTI-Sager: A Good Fit at First Glance

{complink 12888|TTI Inc.} and Sager Electronics aren't saying much about their impending merger until the deal is done. (See: TTI Buying Sager Electronics.) But at first glance, the acquisition should cause minimal disruption to customers and suppliers and should be a net positive across the board. Both companies are specialty distributors, meaning they focus on…

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A Second Look at Item-Level Tagging

Can the electronics supply chain learn a lesson from the apparel industry? When it comes to RFID tagging, the evidence suggests it can. As in electronics, US and European apparel imports have been rising over the past few decades. To cater to this ever-increasing demand in a cost-effective manner, manufacturers have shifted their production from…

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Whitman Fires First Salvo in HP Turnaround

I never understood why {complink 2376|Hewlett-Packard Co.} set up its printer and personal computer businesses as separate divisions. Buyers often shop for PCs and printers simultaneously, and since they are both predominantly hardware operations, the synergy should have been obvious to the company's leadership. It wasn't until now. HP announced today that it would merge…

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Slow Motion Recovery Follows Thai Floods

As we mark the one-year point after the terrible Japanese earthquake and tsunami, we also find ourselves approaching the six-month mark after Thailand's devastating flooding. Both events dramatically affected lives and businesses in Asia last year. The human toll of these tragedies will never be forgotten, but the economic and business effects tend to ebb…

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Arrow, ILS Have Distribution Deal

ENGLEWOOD, Colo. — Arrow Electronics, Inc. (NYSE:ARW) has signed a distribution agreement with ILS Technology, a leading provider of ready-to-use cloud platforms to connect enterprise IT systems to remote devices and machines on which businesses depend. Under the agreement, Arrow customers in the Americas will now have access to the ILS Technology deviceWISE M2M Application…

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Post-Quake Japan Should Aim Beyond Chips

About a year ago, EBN and others were reporting about the devastating earthquake and tsunami in Japan. The area around the Fukushima nuclear plant remains a wasteland, but the semiconductor industry didn't suffer as badly as expected from the quake. According to IHS iSuppli, Japan's leadership in the semiconductor industry was already under siege years…

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