News
MANILA – Texas Instruments will invest $1 billion over 10 years on an assembly/test site in the Philippines that aims to be the most environmentally efficient in the world. At 77,000 sq. meters, the site within the Clark Freeport Zone is expected to eventually employ about 3,000 workers and will double the capacity that TI has in the Philippines.
The site will incorporate many of the environmental and energy design features first used in the U.S. at TI’s newest semiconductor facility. Reducing water, energy and waste will be given priority consideration, and it will be the first ground-up facility to be Leadership in Energy and Environmental Design (LEED) registered in the Philippines.
Construction is expected to start in the second half of 2007, with initial production in the second half of 2008.
TI first entered the Philippines in 1979 in Baguio City. It conducts final assembly and testing of semiconductors for customers in the computer, aerospace, telecommunications, and automotive industries in the United States, Asia, and Europe.
The site will incorporate many of the environmental and energy design features first used in the U.S. at TI’s newest semiconductor facility. Reducing water, energy and waste will be given priority consideration, and it will be the first ground-up facility to be Leadership in Energy and Environmental Design (LEED) registered in the Philippines.
Construction is expected to start in the second half of 2007, with initial production in the second half of 2008.
TI first entered the Philippines in 1979 in Baguio City. It conducts final assembly and testing of semiconductors for customers in the computer, aerospace, telecommunications, and automotive industries in the United States, Asia, and Europe.
EDINA, MN – SMTA has issued a call for papers for the 2008 Pan Pacific Microelectronics Symposium. The symposium will take place Jan. 22-24 in Kauai.
Pan Pac focuses on business and technologies of microelectronic packaging, interconnection, microsystems technology and assembly.
Abstracts are due July 20.
For information, visit http://www.smta.org/pan_pac/call_for_papers.cfm or contact JoAnn Stromberg at joann@smta.org.
Pan Pac focuses on business and technologies of microelectronic packaging, interconnection, microsystems technology and assembly.
Abstracts are due July 20.
For information, visit http://www.smta.org/pan_pac/call_for_papers.cfm or contact JoAnn Stromberg at joann@smta.org.
SPOKANE, WA – EMS firm Key Tronic Corp. reported third-quarter revenue of $47.2 million, up 4% year-over-year. For the first nine months of fiscal 2007, total revenue was $152.6 million, up 13% from last year.
Net income for the quarter was $700,000, down 22% from 2006. Year to-date net income was $2.5 million, down 3.8%.
The company expects fourth quarter revenue of $45 million to $49 million, excluding an anticipated $2.7 million gain from the sale of its Las Cruces facility.
Net income for the quarter was $700,000, down 22% from 2006. Year to-date net income was $2.5 million, down 3.8%.
The company expects fourth quarter revenue of $45 million to $49 million, excluding an anticipated $2.7 million gain from the sale of its Las Cruces facility.
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