LAGUNA, PHILIPPINES -- Shareholders of Speedy-Tech Electronics Ltd., a Singapore-based EMS and power electronics company, have approved the company's merger with Integrated Microelectronics Inc., a Philippines-based electronics manufacturing service provider.
The merged entity
would have a combined revenue of $265 million and profit after tax and
minority interests of about $30 million, based on the latest 2004 audited financials.
ENDICOTT, NY -- Endicott Interconnect Technologies, IBM's former manufacturing arm, has teamed with Universal Instruments Corp. to automate and
maximize production of very large, complex printed circuit cards and
assemblies.
Endicott Interconnect, which
builds PCBs, assemblies and chip packages, is using Universal's Advantis Flip Chip placement
system and Polaris multi-process assembly machines to fully automate
production of a high-performance chip carrier for a leading military
supplier.
The product has several hundred surface-mount components, several memory
devices and a very large heat spreader, Endicott Interconnect said in a press statement.
"Due to the mission critical nature of the product, we require
stringent accuracy along with the ability to gang pick- and-place the
larger components and sophisticated parts tracking," said Raj Raj,
Endicott Interconnect senior engineering manager. "In partnership with
Universal, we are able to achieve an advanced and innovative solution
for these unique manufacturing needs."
WEST CHICAGO, IL -- Connectors used in instrumentation products are a $700 million market and growing, said a new research report.
Bishop & Associates says sales of connectors used in instrumentation applications will grow to over $1
billion by 2009.
The 200-page research report also notes that the instrumentation market is not moving to China,
provides high profit margins and growth that exceeds industry
averages.