News
SUZHOU, CHINA – Phihong Technology has opened a $30 million, one million sq. ft. production plant in Suzhou. The facility, sited five miles from Phihong’s existing plant, will house up to 50 production lines, employ more than 9,000 workers, and will reportedly manufacture up to 50 million power supplies per month. The facility will manufacture power supplies, adapters and other electronics equipment.
SAN JOSE -- Bay Area executives are gaining optimism over their prospects, according to a quarterly survey.
Optimists outnumbered pessimists by more than four to one in the Silicon Valley, according to the quarterly Bay Area Business Confidence Index. The survey of 542 top executives was conducted in October by consulting firm McKinsey.
Optimists outnumbered pessimists by more than four to one in the Silicon Valley, according to the quarterly Bay Area Business Confidence Index. The survey of 542 top executives was conducted in October by consulting firm McKinsey.
DALLAS, OR -- Printed circuit board maker TTM Technologies will shutter its
Dallas, OR, facility, and lay off about 300 workers, the company said. TTM expects to take a charge of $2.6 million for
severance in the first quarter of 2007.
Production will be moved to other company sites, primarily in Logan, UT, and Redmond, WA.
Production will be moved to other company sites, primarily in Logan, UT, and Redmond, WA.
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