Content about electronics

Best Buy, previously #1 player in consumer electronics, may soon be forced to take the bench. Best Buy faces the necessity of closing 50 stores and laying off 400 workers as superstar competitors Amazon and Apple step up their game. Let’s check the score:

While security of supply is important, there are many more factors involved in selecting strategic suppliers, says George F. Brown, Jr.

As 2012 begins, Jannie Viljoen, manufacturing director of the new Mount Edgecombe site of Altech UEC South Africa, is presiding over the African continent’s most advanced facility of its type. Jayne Alverca reports.

Implementing change is hard enough when it involves your own company. The degree of difficulty reaches new heights when change is required on the part of your business partners, whether suppliers, distributors, or end customers. One firm recently came up with a new product idea, one that they thought was significant in terms of taking reliability to a higher level. They felt that their customers, who incorporated this supplier’s product into their own equipment, would clearly see the benefits of this idea. 

Global electronics manufacturing services company Sanmina-SCI Corporation today reported financial results for the fourth quarter and fiscal year ended 1 October 2011.

The San Jose, California headquartered company reported revenue for the fourth quarter of $1.70 billion, compared to $1.67 billion in the prior quarter and $1.69 billion for the same period of fiscal 2010.

Revenue for the year ended 1 October 2011 was $6.60 billion, up 4.5 percent compared to $6.32 billion for the fiscal year ended 2 October 2010.

Sunnyvale, California-based positioning technology specialist Trimble today announced the acquisition of Yamei Electronics Technology, Co. Ltd, a Chinese wholly foreign owned entity (WFOE) of Digisec Group of the Caymans.

Financial terms have not been disclosed.

Mixed news on the economic front again today, with the release of index figures for industrial production and prices, and consumer prices for March.

Industrial production increased 0.8 percent in March and rose at an annual rate of 6.0 percent for the first quarter as a whole. Manufacturing output increased 0.7 percent in March, its fourth consecutive month of strong expansion, producing an annual rate of 9.1 percent for the first quarter.

Martin Ashcroft reports on a study of the world’s top 100 sustainable companies, which ranks their performance in terms of how they manage environmental, social and governance (ESG) issues.

When I first wrote about sustainability as a business concept (not that long ago, either) I used my opening paragraphs to define the term and its relevance to the bottom line. So much has been said on the subject in the intervening years, however, that we all know what it means now.

Johnson Controls, a major US-based supplier of automotive seating systems, interior components and electronics, has signed a purchase agreement to acquire the C. Rob. Hammerstein Group (CRH).

CRH is a global supplier of metal seat structures and mechanisms and is recognized for its high level of quality. CRH's headquarters and main development facilities are based in Solingen, Germany.