News
SHANGHAI -- Tyco Electronics is "aggressively" expanding its operations in Shanghai, adding thousands to its workforce while it trims its capacity in the U.S. and Europe.
According to a report today from Deutsche Bank analyst Carter Shoop, Tyco is Electronics hired 4,000 employees in China in fiscal 2005, and plans to add another 6,000 to 7,000 in fiscal 2006. A new engineering center is planned as well.
According to a report today from Deutsche Bank analyst Carter Shoop, Tyco is Electronics hired 4,000 employees in China in fiscal 2005, and plans to add another 6,000 to 7,000 in fiscal 2006. A new engineering center is planned as well.
SAN FRANCISCO -- 2005 was a year for consolidation among distributors, and market conditions will drive further merger activity in 2006, an analyst said today.
In 2005, Avnet bought Memec, Arrow acquired Ultra Source, World Peace teamed with SAC and RichPower. Also, Yosun acquired two smaller Asia-based distributors for Texas Instruments.
"Look for more of the same in 2006," wrote Carter Shoop, an analyst at Deutsche Bank, in a research note issued today.
Shoop said that lack of growth in North America and Europe, "coupled with incentives from suppliers to develop a more comprehensive Asian footprint and pressure from customers to offer a broader line card, are driving consolidation in the fragmented Asian distribution market."
In 2005, Avnet bought Memec, Arrow acquired Ultra Source, World Peace teamed with SAC and RichPower. Also, Yosun acquired two smaller Asia-based distributors for Texas Instruments.
"Look for more of the same in 2006," wrote Carter Shoop, an analyst at Deutsche Bank, in a research note issued today.
Shoop said that lack of growth in North America and Europe, "coupled with incentives from suppliers to develop a more comprehensive Asian footprint and pressure from customers to offer a broader line card, are driving consolidation in the fragmented Asian distribution market."
Munich, Germany, and Westford, MA – Zuken has signed an eight-year, $1.2 million contract with the Transportation Systems Group (TS) of Siemens. Zuken will provide an integrated, enterprise-wide PCB design environment for the group's Rail Automation Division.
After identifying the need for more advanced schematic and library software for PCB design, Siemens TS decided to implement Zuken’s CR-5000 design environment. It is already installed in sites in Braunschweig and Berlin.
Siemens TS is a leading supplier to the railways industry. The Rail Automation Division, based in Braunschweig, provides products and services from electrical interlockings and level crossing protection systems to power supply systems.
Press Releases
- Pushed by glass core and high-end ICs substrates for AI, the advanced IC substrate market reaches $31 billion by 2030
- Pushed by glass core and high-end ICs substrates for AI, the advanced IC substrate market reaches $31 billion by 2030
- Ryder Vietnam - Phase 2: Building resilience and meeting demand
- Scanfil and Etteplan deepen their strategic partnership into production testing