Altix expect 15% growth in sales this year
After one year of operations, Altix posted positive results for 2009. The turnover of the company hit the forecasts and the net result exceeds the 2009 expectations to finish break-even.
For a first year of recovery, acting in a very slow market, these financial data are very encouraging, and validate the new strategy of the company, focussed on high-end products and service quality.
Almost 20 units were sold during 2009, composed of full automatic panel machines (the Acura line), Reel to Reel and Semi-Automatic equipment. China has represented the main market, but machines were sold also in USA, Korea and India.
Altix had paid a particular attention to improve Service quality during the last 12 months and implemented new technological improvements for customer having already existing equipment.
For 2010, Altix intends to continue its re-development, expecting a growth of around 15 % in sales, and will intensify its R&D activities.
Almost 20 units were sold during 2009, composed of full automatic panel machines (the Acura line), Reel to Reel and Semi-Automatic equipment. China has represented the main market, but machines were sold also in USA, Korea and India.
Altix had paid a particular attention to improve Service quality during the last 12 months and implemented new technological improvements for customer having already existing equipment.
For 2010, Altix intends to continue its re-development, expecting a growth of around 15 % in sales, and will intensify its R&D activities.
Seho appoints new Technical Director
Thomas Herz is assuming the duties of Technical Director for the Selective Soldering Department at Seho Systems, effective immediately, the company announced today.
Ad
Exclusive Interview
'Europe is still a growth opportunity'
What is Europe to an independent distributor like America II? A growth opportunity of course.
Endicott partners with Eltek in Israel
Endicott Interconnect Technologies, Inc. has appointed Eltek as its sales partner for Israel.
More News
- Fabrinet Q2 net income drops 310% YOY
- TRaC expands test facilities
- Cms electronics uses Assembléon’s equipment
- Korean defense manufacturers fined for cartel
- The end for Nokia's Salo factory?
- Indian joint venture aims at hi-tech cluster
- Es-system to light Aarhus Harbour
- Incap signs solar deal
- GPV moves into medical electronics
- Balda shareholder Octavian suffers loss at court
- Teardown: Samsung cuts LTE cost in half
- Teleplan to provide After-Market Service solution for Lenovo
- Matti Paasila resigns from Cencorp's Board of Directors
- Is 2012 a recession year?
- Fineline distributes FTG
- Carcinogens found at Samsung factory
- CT Production invests in AOI technology
- Printca is bankrupt
- Mitsubishi Motors ends vehicle production in Western Europe
- RiverSide Electronics purchases new SMT equipment
- Micron CEO dies in plane crash
- Torsten Pelzer heads Viscom Sales
- Huawei opens unit in Hungary
- Rohde & Schwarz and Hameg Instruments consolidate cooperation
- Inside the Asus AMD 7970 graphics card
- AU Optronics & Idemitsu Kosan collaborate
- Kimball complete Welsh & Californian closures in 2Q
- Bosch plans new Romanian factory
- Dynamic EMS invests in test equipment
- Thales Australia axes 50 jobs
- Sales down for Benchmark in 4Q
- Viscom sells Desktop AOI to Mosca Elektronik
- De'Longhi & Bosch add staff in Romania
- Xenterio close down in Offenburg
- Mikron acquires IMA Automation Berlin
- EMS: M&A activity down in 2011
- Multitest supplies Asian high volume test site
- Carl Zeiss adds in South Korea
- Goepel and WIN-TEK partner in Italy
- LG net loss narrows on back of mobile sales





Comments
Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.