News
VANCOUVER – Tier-Two EMS provider Creation Technologies has received a $65 million investment from Birch Hill Equity Partners.
EL SEGUNDO, CA – iSuppli Corp. today issued a revised outlook for semiconductor sales, forecasting 6% growth. The research firm previously forecast an 8.1% increase.
Still, iSuppli’s outlook is more optimistic than that of many researchers, as the industry average is closer to 2 to 3%.
Still, iSuppli’s outlook is more optimistic than that of many researchers, as the industry average is closer to 2 to 3%.
SAN BRUNO, CA – Worldwide Manufacturing USA, will acquire 55% of Shanghai De Chuang Electric and Electronics Company (Chuang) in Shanghai.
Chuang is a power supply factory with designing and R&D capabilities.
Worldwide, which provides EMS and other services, said the acquisition will further the company’s direct manufacturing capabilities.
The signed letter of intent is contingent on the completion of a Chuang audit, along with completion of due diligence by Worldwide, which are in the process.
The acquisition is planned for September.
Chuang is a power supply factory with designing and R&D capabilities.
Worldwide, which provides EMS and other services, said the acquisition will further the company’s direct manufacturing capabilities.
The signed letter of intent is contingent on the completion of a Chuang audit, along with completion of due diligence by Worldwide, which are in the process.
The acquisition is planned for September.
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