News
SAN JOSE – The Semiconductor Industry Association today called for legislation to enhance and make permanent the R&D tax credit. The current law authorizing the credit is set to expire at the end of 2005 unless Congress passes legislation to extend it.
“Aggressive investment in research and development is critical to U.S. leadership in information technology, which in turn is the cornerstone of our national strategies for economic growth, productivity improvement, and national security,” said SIA president George Scalise in a press release. "We strongly urge Congress to pass legislation to ... make permanent the R&D tax credit. "
HORSHAM, PA— Chris Cleland has joined Dynatech Technology, the North American distributor for Samsung Techwin SMT equipment, as Western region sales manager. Based in L.A., he will be responsible for Dynatech U.S. manufacturers' representatives and customers on the West Coast as well as in Baja and Sonora, Mexico, and British Columbia, Canada.
Cleland brings 23 years of experience in electronics and the SMT equipment market to the company, including 10 years with placement systems. He was previously a manufacturer's rep. handling pre-owned pick-and-place equipment, and laser engraving/marking and fume extraction products. Earlier industry experience included account management responsibilities for placement equipment, computer hardware, semiconductors, components and OEM accounts.
NEW YORK - The former CEO and CFO of Tyco International were convicted today of looting the company of more than $600 million in corporate bonuses and loans.
Verdicts were handed down for Dennis Kozlowski and Mark H. Swartz following 11 days of jury deliberations. Kozlowski, the ex chief executive, and Swartz, the former CFO, were convicted of grand larceny, falsifying business records and 29 other charges. The men potentially face more than 25 years in prison.
Press Releases
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- Pan Pacific Strategic Electronics Symposium Program Finalized
- The Most Critical 2 Inches in SMT Manufacturing – When a Splice Fails, the Line Fails, Full Stop. Throughput and Yield Depend on One Overlooked Moment