EL SEGUNDO, CA – Sales of electronics equipment will maintain growth rates this year, as global revenue will rise 6.7% to $1.47 trillion in 2007. iSuppli (isuppli.com) predicts. The research firm estimates sales rose 6.6% last year.
Data processing will be the fastest-growing segment, comprising some 28.8% of total electronics revenue. The sector is expected to grow 9.1% to $421.7 billion in 2007. Wired communications expand 7.2% $101.4 billion. Consumer electronics will grow 6.4% to $327.2 billion, the firm says.
Higher unit shipments and average selling prices will boost PCs, datacom’s largest segment. PC shipments will rise 10.2% to 262.9 million units in 2007. Dual-core microprocessors and the availability of a Microsoft’s Vista will spur growth, says iSuppli.
Meanwhile, three other segments will decelerate. Wireless communications will cool considerably, predicts iSuppli, growing 4.9%, after expanding 8.7% last year. Automotive and industrial will grow 4.5 and 5.7%, respectively, down slightly from 4.8 and 7.5%.
VENTURA, CA - CoorsTek has acquired Gaiser Tool Co., a ceramic precision tooling manufacturer based in Ventura with operations in Tokyo. Established in 1962, Gaiser invented the alumina ceramic capillary in 1970 and developed "Process1800" to produce bottleneck-style ceramic capillaries in 1987. In a statement, CoorsTek said it will retain the Gaiser brand.
SHANGHAI -- Foxconn has purchased a 10,000 sq. meter plot here and will build its national headquarter,Taiwan's Commercial Times reported.
The company's global research and development center in Tucheng, Taiwan has been completed, DigiTimes said, and will spend roughly $369.8 million over the next three years on it.
Foxconn will employ over 3,000 employees at the R&D site, the report said.