MOUNTAIN VIEW, CA – A just-released survey of some 85 senior-level executives at semiconductor companies finds a majority sees R&D and capital expenditures decreasing significantly next year.
As economic conditions and consumer spending continue to deteriorate, semiconductor executives are turning more pessimistic, and anticipate a steep decline in profitability during the next 12 to 18 months, says the consulting group that conducted the survey.
SAN JOSE – The MicroElectronics Packaging and Test Engineering Council in February will sponsor a symposium on semiconductor packaging’s effect on consumer electronics.
The technical event will address packages for consumer products, with session topics including time-to-market and consumer semiconductor packaging; cost-of-ownership challenges for consumer products; solutions for consumer product miniaturization, and advancing technologies for consumer electronics.
It takes place Feb. 19 in San Jose. For more information, visit www.meptec.org.
ST. PETERSBURG – The economy could sink not just Jabil's near-term growth, but also more than $30 million in tax rebates and other incentives tied to the EMS company’s new headquarters here.
Under a controversial deal agreed on earlier this year, Jabil must begin construction on a new, $50-million headquarters within a year and add about 860 jobs by 2012, according to reports. The company must also keep local employment above 1,800; it currently employs 1,872.