SINGAPORE -- A local union of electronics workers says 2,000 more layoffs are expected this quarter. That almost equals the sum -- 2,300 -- of the union's layoffs from all of last year.
The United Workers of Electronic and Electrical Industries unionsays many of the displaced electronics workers will be retrained to find jobs in the medical and hotel industries.
RONKONKOMA, NY – CVD Equipment Corp. said 2008
order levels reached $29 million, more than double the order levels of 2007. The
company’s divisions include Conceptronic, a maker of reflow ovens.
Approximately half the orders in 2008 were solar and energy
market-related, with most incorporating CVD thin film solutions, says the firm.
Last year’s order levels for the CVD/FN and SDC divisions
increased 146% and 58%, respectively, while the Conceptronic division decreased
3% year-over-year.
The company anticipates the growth trend of the CVD/FN and
SDC divisions to continue. The Conceptronic division was impacted by the
downturn in the electronics industry over the last two quarters. CVD expects
this trend to continue at least through the first two quarters in 2009.