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Lenthor Engineering, a California-based designer, manufacturer and assembler of rigid-flex and flex PCBs, announces its financial results for the third quarter (Q3 2017).
Total revenue for Q3 2017 came in at $6.806 million, up by 2% from the $6.722 million in Q3 2016. Strong revenue performance continues from Q2 2017, which came in at $6.207 million, and Q1 2017 coming in at $6.192 million. Profit totals for Q3 2017 continue to be strong with full year 2017 profit to be on pace to exceed levels reported in 2016.
Lenthor Engineering's strong financial position allows Lenthor to continue funding of its business expansion plans with capital expenditures in 2017 planned for $2.44 million. As part of that plan, Lenthor has expended $2 million to date in its assembly and fabrication area. The expenditures in assembly, which include both solder paste AOI and component AOI, along with a new pick and place line, provide Lenthor's customers with the level of quality assurance and throughput necessary in today's demanding and competitive marketplace.
Philip Stoten, Scoop
The IPC Connected Factory Exchange (CFX) demo at the recent IPC APEX EXPO 2018 trade show in San Diego, California, is a great example of industry collaboration. The CFX Showcase at APEX had 245,000 CFX website page views; 701,200 CFX messages transmitted; and 664.5 million bytes of data exchanged; and the whole thing was pulled together in a matter of weeks. Here's what the participants in the program have got to say.
Andy Shaughnessy, I-Connect007
You may have heard the name Martin Ziehbrunner before: he cofounded the equipment company Essemtec AG in 1992. He left the company in 2013, and soon he'd cofounded another SMT company, but with a twist. SMT Renting specializes in renting SMT equipment with an operational lease, primarily for the European market. In this interview, he explains how his latest company is challenging the normal way of acquiring SMT capital equipment.
Real Time with...IPC
Henk Biemans, managing director of MEK Marantz Electronics Ltd, speaks with I-Connect007 Managing Editor Stephen Las Marias about what's driving the increasing demand for THT AOI systems. Other topics discussed include reliability issues, articifial intelligence, and machine learning in inspection systems.