News
SAN FRANCISCO -- Manufacturers of semiconductor equipment expect 2006 to be the second largest year ever for sales of new semiconductor equipment, according to a mid-year forecast by the SEMI Capital Equipment Consensus announced during SEMICON West.
Following an 11.3% decline in 2005, the equipment market will grow 18% to $38.8 billion in 2006. Survey respondents – based on interviews conducted in May and June with major equipment companies – see the market remaining flat in 2007 but resuming double-digit growth to reach $44.1 billion in 2008.
Following an 11.3% decline in 2005, the equipment market will grow 18% to $38.8 billion in 2006. Survey respondents – based on interviews conducted in May and June with major equipment companies – see the market remaining flat in 2007 but resuming double-digit growth to reach $44.1 billion in 2008.
Singapore – EMS provider Flextronics will hire more than 1,000 workers at its plant in northeast Hungary starting in September. Miklós Temesfalvi, deputy head of the local labor center, announced the hires in an interview with the Budapest Business Journal last week.
Temesfalvi said that the number may include a number of rehires. In February, the company announced plans to lay off 950 workers, but only 300 actually left. The plant currently has 1,100 employees.
Flextronics explained the earlier layoffs citing the seasonal nature of the products it makes, as well as differences in the size and number of its orders.
Temesfalvi said that the number may include a number of rehires. In February, the company announced plans to lay off 950 workers, but only 300 actually left. The plant currently has 1,100 employees.
Flextronics explained the earlier layoffs citing the seasonal nature of the products it makes, as well as differences in the size and number of its orders.
ST. PAUL, MN – 3M has acquired SCC Products Inc. and JJ Converting LLC, both based in Sanford, NC. Terms of the transactions were not disclosed.
SCC Products is a sister company of Static Control Components and provides engineering, manufacturing and sales of flexible static control packaging and workstation products for electronic devices. JJ Converting produces film used to make static control bags.
According to a press release, these acquisitions broaden 3M electronic solutions for flexible packaging in key electronic market segments.
SCC Products Inc. and JJ Converting LLC employ approximately 150 people worldwide. The transactions are subject to customary closing conditions.
SCC Products is a sister company of Static Control Components and provides engineering, manufacturing and sales of flexible static control packaging and workstation products for electronic devices. JJ Converting produces film used to make static control bags.
According to a press release, these acquisitions broaden 3M electronic solutions for flexible packaging in key electronic market segments.
SCC Products Inc. and JJ Converting LLC employ approximately 150 people worldwide. The transactions are subject to customary closing conditions.
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