SCOTTSDALE, AZ – The PC microprocessor market is heading for an inflection point in late 2008 or early 2009, when, for the first time, the number of microprocessors shipping for notebook PCs will exceed those shipping for desktop PCs, reports In-Stat.
SAN JOSE – Worldwide silicon wafer area shipments remained essentially stable in the first quarter of 2008, marginally declining 1% sequentially, according to SEMI.
Total silicon wafer area shipments were 2.16 billion sq. inches for the quarter. Compared to the same quarter last year, total area shipments increased 3%.
"Consistent with the conservative industry sentiment, overall silicon shipments declined slightly during the most recent quarter,” said Kazuyo Heinink, chair of SEMI SMG and vice president at MEMC Electronic Materials. ”However, 300 mm wafer shipments continued to grow.”
NEWARK, NY – EMS provider IEC Electronics Corp. has signed a letter of intent to acquire Val-U-Tech Corp., a privately held supplier of wire harness assemblies in Victor, NY. No financial terms were disclosed and a fiscal third-quarter closing is expected.
Val-U-Tech has annual sales of about $11 million and supplies military, medical and industrial customers.
The combined companies will have 360 employees with revenues in 2009 of approximately $70 million. The combination will be accretive to IEC shareholders.
The transaction is subject to shareholder approval.