-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueComing to Terms With AI
In this issue, we examine the profound effect artificial intelligence and machine learning are having on manufacturing and business processes. We follow technology, innovation, and money as automation becomes the new key indicator of growth in our industry.
Box Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Continued Strong Development in NOTE During Q2 and the Plant in Windsor Reopened
May 15, 2020 | NOTEEstimated reading time: 1 minute
At the end of March and in line with the British authorities' decision to limit all unnecessary travel and industrial operations, the Windsor plant suspended production. The plant in Windsor accounts for about 10% of NOTE's total sales. The closure is subject to the UK authorities' support measures, which include, among other things, full compensation for the salary cost of laid-off staff. Based on instructions from the local authorities, NOTE has taken the necessary steps to reopen the plant for production. Capacity utilisation at the Windsor plant is expected to increase gradually during May and June. As previously announced, the temporary suspension of production at the Windsor plant is expected to result in a production loss in Q2 of approximately SEK 20 million.
NOTE's operations continue to develop very strongly and all plants in Europe and China are now operational. Demand in the second quarter remains high, both from customers in the medtech area and other segments. The availability of electronic components is still relatively good. Given the strong order situation, with many new projects in the upturn phase, there are good conditions that sales in the second quarter will amount to approximately SEK 500 million, which corresponds to growth clearly exceeding 10%. Both operating profit and operating margin are also expected to strengthen during the second quarter.
Suggested Items
Schweizer Electronic: Business Development in Q1 2024
05/08/2024 | Schweizer Electronic AGThe sales of the SCHWEIZER Group amounted to EUR 39.2 million in the first quarter of 2024 (Q1 2023: EUR 37.1 million). This corresponds to an increase of +5.5 percent compared to the same quarter of the previous year.
Q1 Global Semiconductor Sales Increase 15.2% YoY
05/07/2024 | SIAThe Semiconductor Industry Association (SIA) announced worldwide sales of semiconductors totaled $137.7 billion during the first quarter of 2024, an increase of 15.2% compared to the first quarter of 2023 but 5.7% less than the fourth quarter of 2023.
IMI Welcomes New CEO
05/03/2024 | IMIIntegrated Micro-Electronics, Inc. (IMI),The IMI Board of Directors announced, in a disclosure dated April 25, 2024, the appointment of Louis Sylvester Hughes, Chief Executive Officer (CEO).
Benchmark Reports Q1 2024 Results
05/03/2024 | PRNewswireRevenue decreased quarter over quarter and year over year primarily due to decreases in Medical, Advanced Computing and Next-Generation Communication sales, which were partially offset by an increase in Complex Industrials sales quarter-over-quarter and increases in Semi-Cap and A&D sales year-over-year.
LQDX Divests Aluminum Soldering Business - Mina™ - to Taiyo America Inc.
05/02/2024 | PRNewswireLQDX, formerly known as Averatek Corp., developer of high-performance materials for advanced semiconductor manufacturing, today announced that it has divested its aluminum soldering business – known as MinaTM – to Taiyo America Inc., a global market leader in advanced electronic materials.