BANNOCKBURN, IL – IPC’s Solder Products Value Council is urging tin smelters to become smelters of conflict-free minerals.
The association recommends the Electronic Industry Citizenship Coalition/Global e-Sustainability Initiative Conflict-Free Smelter program. The CFS is an audit and certification program that will identify and publish lists of smelters that have been certified as using conflict-free minerals.
Under conflict minerals provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, publicly traded companies will be required to submit detailed reports to the US Securities and Exchange Commission on the origin of tin, tantalum, gold, or tungsten in products. The CFS program is expected to benefit the entire supply chain by reducing the burden of complying with conflict minerals regulations.
TAIPEI – Hon Hai, parent company of Foxconn, posted revenue of $7.35 billion for September, up 3.4% sequentially, and down 12.5% from a record high in the same month of 2010.
DUBLIN – The worldwide electronics assembly market is nearly $1 trillion in terms of cost of goods sold as of 2010, according to Research and Markets.
The firm says the market is expanding rapidly, but is changing in composition in terms of outsourcing partnerships and in-house manufacturing. Moves are being made annually with regard to the manufacturing country of origin based on total cost.
Research and Markets says it has added The Worldwide OEM Electronics Assembly Market - 2011 Edition directory to its offering.