Boy Les did you hit the nail on the head. Having been in this area
for the last 30 years -- their business model really did change.
Hopefully it does not kill them. In my youth (or yoot since I'm an
ex-NYer) I designed board testers. Despite the fact that Technology
has improved the K3 group had to design them, debug them and probably
has one or two cycles of updates to improve the percentage of faults
it detects. In this new model they need to test every board and align
every module to make sure it is functions. I would not be surprised to
see them at this stage hot slotting them into a K3 to make sure they work.
Adding the supplier's screw ups that means rework at Aptos which adds
staff and labor and costs. The question is when they will get over
their learning curve and be able to produce the sub assemblies at cost
and eliminate the rework.
It will be interesting to see if they have a good handle on their cost
and if the price for future K3's changes (upward.
73 Paul W4MAY
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