SMT007 Magazine

SMT-Jun2018

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20 SMT007 MAGAZINE I JUNE 2018 was 6.0%, compared to 5.3% in the first quarter of 2017. Poor Supply Chain Management Will Cost You Money E If you can't trust your components to be legit- imate and trustworthy, backed by a solid chain-of-possession, then every aspect of your electronics operation may be in jeopardy. Sanmina Reports Revenue of $1.68 Billion for Q2 Fiscal 2018 E Sanmina Corp. has posted revenue of $1.68 billion for the second quarter of 2018, down from $1.74 billion in the prior quarter and almost flat compared to the same period last year. SMTA/CALCE Announce Program for Symposium on Counterfeit Parts and Materials E The SMTA and the Center for Advanced Life Cycle Engineering (CALCE) announce the technical program for the Symposium on Counterfeit Parts and Materials this June 26-28, 2018 in College Park, Maryland. Nortech Systems Reports Sales of $26M in Q1 E Nortech Systems Inc. reported net sales of $26.4 million for the first quarter ended March 31, 2018, which includes $0.7 million of reve- nue recognized under new FASB accounting guidelines adopted this fiscal year. Plexus Expands Presence in Malaysia E Plexus Corp. has expanded its presence in Malaysia with an acquisition of a new 432,000 square-foot manufacturing facility in Penang. Celestica Releases Q1 2018 Financial Results E Celestica Inc. has announced revenue of $1.5 billion for the quarter ended March 31, 2018, up by 1% compared to the first quarter of 2017. CTS Reports Strong Sales and Earnings Growth in Q1 2018 E CTS Corporation has reported sales of $113.5 million for the first quarter of 2018, up by 13.4% year-over-year. Libra Industries Offers Complete AOI Traceability E Libra Industries has expanded its factory-wide Cogiscan Track, Trace & Control (TTC) Soft- ware to cover its AOI operation on multiple lines. Neways Records Higher Turnover and Order Intake in Q1 2018 E Neways recorded fully organic net turnover growth of 13.7% in the first quarter of 2018, compared with the same period of 2017. Solid Growth and Improved Profitability for Kitron in Q1 2018 E Kitron's revenue in the first quarter increased by 11%. Profitability expressed as EBIT margin MilAero Highlights

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