LAKE FOREST, Ill. — IDEX Corporation (NYSE: IEX) today announced that it has entered into a definitive agreement to purchase Advanced Thin Films, LLC (ATFilms). ATFilms, with approximately $9 million in revenue, specializes in optical components and coatings for applications in the fields of scientific research, defense, aerospace, telecommunications and electronics manufacturing. ATFilms’ core competence…
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NEENAH, Wis. — Plexus Corp. (Nasdaq:PLXS) today announced: Q1 Fiscal 2011 Results (quarter ended January 1, 2011): • Revenue: $566 million, relative to guidance of $550 to $580 million • Diluted EPS: $0.61, including $0.06 per share of stock-based compensation expense, relative to guidance of $0.56 to $0.62 Q2 Fiscal 2011 Guidance: • Revenue: $540…
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SCHAFFHAUSEN, Switzerland — Tyco Electronics Ltd. (NYSE: TEL) today reported results for the fiscal first quarter ended Dec. 24, 2010. The company reported a net sales increase of 11 percent year-over-year, and 2 percent sequentially, to $3.2 billion. Earnings Per Share from Continuing Operations (GAAP EPS) were $0.60 for the quarter, compared to $0.37 in…
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We have an abundance of forward thinkers in the supply chain world. It seems we have more consultants than implementers when it comes to dishing out advice on how to best manage the supply chain. Further, advice comes from camps with differing strategies. One corner encourages us to remap the entire supply chain process to…
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Technological innovation has a greater impact on high-tech competition than government antitrust measures. That’s the conclusion of recent research by the Technology Policy Institute, a Washington think tank evaluating the economics of innovation, technological change, and related US and global regulation. Taking a closer look at high-profile antitrust cases that put {complink 2470|IBM Corp.}, {complink…
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This is going to be short, and sweet. EBN's goal is to encourage everyone involved in the electronics supply chain to develop an active and interactive community for discussing issues related to the industry. In addition, the professional community of supply chain practitioners can find a way to support each other with tips, best-practices, and…
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SAN JOSE, Calif. — Xilinx, Inc. (Nasdaq: XLNX) today announced third quarter fiscal 2011 sales of $567.2 million, down 8% sequentially and up 10% from the third quarter of the prior fiscal year. Third quarter fiscal 2011 net income was $152.3 million, or $0.58 per diluted share. The Xilinx Board of Directors announced a quarterly…
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SCOTTS VALLEY, Calif. — Seagate Technology plc (NASDAQ:STX) today reported financial results for the quarter ended December 31, 2010. The company shipped 48.9 million disk drives and on a GAAP basis reported revenue of $2.7 billion, gross margin of 19.5%, net income of $150 million and diluted earnings per share of $0.31. On a non-GAAP…
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So many considerations go into choosing an offshore manufacturing location that it's easy to get overwhelmed, particularly for small and midsized manufacturers. Set aside the noise and controversy over China, Mexico, or any other popular location, and start with areas that smooth the way for business setups. This is particularly important for small to midsized…
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Are you backing the wrong horse in the crowded smartphone and tablet device market? Before your company bets its supply chain and scarce resources on a “most-likely-to-fail-player” in the tablet device market, perhaps you should pay close attention to what EBN readers have to say about who are likely to be the likely leaders. Our…
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