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Flex Results 02/01/2017

by Jasmine Kang Sodha

Flex Ltd. announced its FY17 Q3 results with net sales of $6.1 bn and adjusted net income of $183 mn, resulting in a net profit margin of 3%. The quarterly sales and net income …

Tags:Flex| Large Display Monitor| Mobile Display Monitor| Vol 24 - Issue 04

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Flex Result 27/10/2016

by Yvette Raikes

Flex posted Q2 net losses of $2.5 million, compared with profits fro the same time last year of $123.0 million, on revenue of $6.0 billion, down from $6.3 billion. For the half year, there …

Tags:Financial Data| Flex| Large Display Monitor| Mobile Display Monitor| Vol 23 - Issue 43

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Huawei to Start Making Phones in India

by Isaac Oburu

Huawei and EMS provider Flex will start producing phones in India according to Evertiq. The phones will be produced at Flex’s assembly near Chennai.

Tags:Flex| Mobile Display Monitor| Smartphones| Vol 23 - Issue 37

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Flex Result 22/07/2016

by Dhruv Dayal Gupta

Flex reported Q1 2016 net profit of $106 million. Turnover was reported at $5.9 billion. Gross margin improved 60 basis points YoY.

Tags:Financial Data| Flex| Large Display Monitor| Mobile Display Monitor| Vol 23 - Issue 29

Flex Moves to Smart Clothing With MAS

by Tom Allen

Flex – formerly Flextronics – will work with MAS Holdings to develop new wearable technologies, aiming to speed the adoption of connectivity in clothing. They will collaborate on developing new technologies and wearable products, …

Tags:Flex| Mobile Display Monitor| Vol 23 - Issue 27| Wearables

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Flex Result 28/04/2016

by Dhruv Dayal Gupta

Flextronics reported Q4 2016 and full year results with net profit of $61 million, down 45% YoY from $135 million. Full year net profit was $444 million, down 27% YoY from $601 million. Turnover …

Tags:Financial Data| Flex| Large Display Monitor| Mobile Display Monitor| Vol 22 - Issue 19

Could Nanoimprints Restart Moore’s Law?

by Tom Allen

A team at the University of Wisconsin-Madison have developed a way to develop high-performance wireless transistors on rolls of plastic. These devices are able to operate at 38GHz, although 110GHz is feasible. Both power …

Tags:Flex| Large Display Monitor| Mobile Display Monitor| Vol 23 - Issue 16| wireless communications

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Flex Result 01/02/2016

by Dhruv Dayal Gupta

Flextronics reported Q3 net profit of $149 million, down 3% YoY from $153 million. Turnover declined 4% YoY to $6.7 billion from $7.0 billion. For the nine month period, net profit was $382 million, …

Tags:Financial Data| Flex| Large Display Monitor| Mobile Display Monitor| Vol 23 - Issue 06

Flextronics Expands Polish Presence

by Tom Allen

Flextronics has opened a new logistics and manufacturing facility in Poland. Work started on the building in 2014. It covers more than 9,300m² and is located in Tczew. Focus at the facility is on …

Tags:Flex| Large Display Monitor| LCD Fabs| Mobile Display Monitor| Poland| Vol 22 - Issue 46

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Flex Sells Swedish Plant

by Milos Pavlovic

A Swedish contract manufacturer, Orbit One, is buying a factory in Ronneby, Sweden, from Flex. The Flex factory is very close to Orbit One’s existing facility and is said to be Flex’s last manufacturing …

Tags:Flex| Large Display Monitor| Mergers & Acquisitions| Mobile Display Monitor| Sweden| Vol 22 - Issue 44

Flex Result 19/10/2015

by Dhruv Dayal Gupta

Flextronics reported net profit increase nearly 11% to $123 million versus $111 million QoQ. On a YoY basis, net profit fell short by 12% from $139 million. Turnover for Q2 increased 15% to $6.3 …

Tags:Financial Data| Flex| Large Display Monitor| Mobile Display Monitor

Flex Result 30/07/15

by Yvette Raikes

Flex (formerly Flextronics) saw Q1 net profits of $111 million, down from profit in the same period last time of $174 million, on revenue which fell to $5.56 billion from $6.64 billion. The company …

Tags:Financial Data| Flex| Large Display Monitor| Mobile Display Monitor| Vol 22 - Issue 31