News
PHILADELPHIA – The American Competitiveness Institute has been awarded a five-year $100 million contract from the U.S. Navy’s Office of Naval Research.
The research firm will manage and operate the Benchmarking and Best Manufacturing Processes Center of Excellence.
The effort, to be performed in Philadelphia, will facilitate the sharing of best-in-class practices, processes, methodologies, systems, and pre-competitive technologies.
SAN JOSE – North America-based manufacturers of semiconductor equipment posted $1.03 billion in orders in June and a book-to-bill ratio of 0.85, says SEMI.
STOCKHOLM – Sony Ericsson will slash 2,000 jobs worldwide over the next 12 months, as the mobile phone maker seeks to dramatically cut costs.
The company today reported a 97% drop in second-quarter net profits and said it planned to cut operating costs by 300 million euros each year.
