News
SAN JOSE -- SEMI, the trade group for semiconductor materials and equipment suppliers, is lobbying for a extension of the R&D tax credit through 2007.
The previous tax credit expired Dec. 31, 2005. The current proposal would extend it through 2007 and apply it retroactively.
Prior to its summer recess, House leaders attached the credit to the so-called “trifecta” legislative package. While the House approved this package, which includes an estate tax reduction and a minimum wage increase, the Senate did not move to a vote and it is unclear how the body will move during the fall session.
SEMI calls the tax credit "an important component of American competitiveness," and encourages its members to push Congress to enact the credit.
The previous tax credit expired Dec. 31, 2005. The current proposal would extend it through 2007 and apply it retroactively.
Prior to its summer recess, House leaders attached the credit to the so-called “trifecta” legislative package. While the House approved this package, which includes an estate tax reduction and a minimum wage increase, the Senate did not move to a vote and it is unclear how the body will move during the fall session.
SEMI calls the tax credit "an important component of American competitiveness," and encourages its members to push Congress to enact the credit.
EL SEGUNDO, CA — Nokia and Motorola will up their semiconductor spending by the highest percentage among the world’s top-10 OEM chip buyers in 2005 and 2006, iSuppli Corp. predicts.
Nokia, the top seller of mobile phones, will boost chip spending 15.1% in 2006, up from 12.7 %p last year. Motorola, which ranks second, is projected to increase semiconductor purchasing 14.5% this year from 20.7% in 2005.
METHUEN, MA – EMS provider Proxy Manufacturing has been certified as a qualified HUBZone small business concern by the U.S. Small Business Administration.
The SBA’s HUBZone Empowerment Contracting Program seeks to create jobs and stimulate economic development in urban and rural communities that have been designated as historically underutilized business zones.
Certification is awarded to small businesses that, among other qualifications, maintain a principal office in a HUBZone and employ staff that lives in one of these specially designated areas. Proxy’s certification means that it is now eligible to receive HUBZone contracting opportunities under the North American Industry Classification System (Code 334418, Printed Circuit Assembly (Electronic Assembly) Manufacturing.
Proxy can also receive contracts that it is qualified to perform under other NAICS Codes.
“This certification provides Proxy access to preferred federal contracts and the opportunity, said Shawn Foy, president . “In addition, we can help customers who are large federal contractors meet their HUBZone subcontracting goals.”
The SBA’s HUBZone Empowerment Contracting Program seeks to create jobs and stimulate economic development in urban and rural communities that have been designated as historically underutilized business zones.
Certification is awarded to small businesses that, among other qualifications, maintain a principal office in a HUBZone and employ staff that lives in one of these specially designated areas. Proxy’s certification means that it is now eligible to receive HUBZone contracting opportunities under the North American Industry Classification System (Code 334418, Printed Circuit Assembly (Electronic Assembly) Manufacturing.
Proxy can also receive contracts that it is qualified to perform under other NAICS Codes.
“This certification provides Proxy access to preferred federal contracts and the opportunity, said Shawn Foy, president . “In addition, we can help customers who are large federal contractors meet their HUBZone subcontracting goals.”
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