News
SAN JOSE – North America-based manufacturers of semiconductor equipment posted $1.16 billion in orders in March and a book-to-bill ratio of 0.89, according to SEMI. Bookings are down 4% from February and about 18% year-over-year.
SEVENOAKS, UK – GPS unit sales will hit $1 billion in 2012, according to tech analyst Future Horizons. Between 2007 and 2012, GPS unit sales will grow from 286 million to 938 million annually, a CAGR of 26.8%.
GPS chipset shipments are expected to rise 47% in 2008, with the handset and PDA segment showing the strongest growth at 55%. In 2009, the low cost, low power segment will show strong annual growth of 38.5%, says Future Horizons.
Upcoming applications, according to the research firm, will be mobile phone GPS applications such as local traffic and location information services.
The firm forecasts unit sales will continue to rise; however, chipset revenue will peak during this period as ASPs fall. GPS circuits eventually will become part of more complex radio accessory chips, including Bluetooth, NFC and Wi-Fi.
GPS chipset shipments are expected to rise 47% in 2008, with the handset and PDA segment showing the strongest growth at 55%. In 2009, the low cost, low power segment will show strong annual growth of 38.5%, says Future Horizons.
Upcoming applications, according to the research firm, will be mobile phone GPS applications such as local traffic and location information services.
The firm forecasts unit sales will continue to rise; however, chipset revenue will peak during this period as ASPs fall. GPS circuits eventually will become part of more complex radio accessory chips, including Bluetooth, NFC and Wi-Fi.
ST. LOUIS – For the third quarter of fiscal 2008, EMS firm LaBarge Inc. expects net sales of $75.4 million, up 27% year-over-year, beating previous guidance.
In March, the company projected net sales of $70 million to $72 million.
LaBarge reported first-half net sales of $126.2 million.
The company also updated fourth-quarter guidance, stating it expects sales and earnings to be comparable to this year’s preliminary third-quarter results, up substantially from the prior-year fourth quarter.
“Third-quarter results were better than we had previously anticipated due to some customers accelerating deliveries and broad-based strength in our end markets. That strength is continuing and we anticipate fourth-quarter results will be comparable to the preliminary third-quarter results announced today,” said Craig LaBarge, CEO and president.
Full third-quarter results will be announced May 1.
In March, the company projected net sales of $70 million to $72 million.
LaBarge reported first-half net sales of $126.2 million.
The company also updated fourth-quarter guidance, stating it expects sales and earnings to be comparable to this year’s preliminary third-quarter results, up substantially from the prior-year fourth quarter.
“Third-quarter results were better than we had previously anticipated due to some customers accelerating deliveries and broad-based strength in our end markets. That strength is continuing and we anticipate fourth-quarter results will be comparable to the preliminary third-quarter results announced today,” said Craig LaBarge, CEO and president.
Full third-quarter results will be announced May 1.
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