SOUTH TYNE, UK – Infoteam EMS has purchased Summit 1 EMS Ltd. in a move between two UK-based EMS companies.
No financial terms of the purchase were disclosed.
Contract manufacturer Infoteam, which has a 20,000 sq. ft. site also in Fife, reportedly has expansion plans for Summit 1. The latter, the former UK design and contract manufacturing arm of Mitsumi, has a 40,000 sq. ft. facility in a Tyne industrial park.
Summit specializes in printed circuit board design, manufacturing and testing.
TAIWAN – Foxconn is planning to increase wages for workers in mainland China, after two increases in 2010.
Apple is said to support the plan, which reportedly consists of a three-tiered schedule, with the wage increasing to 1,650 yuan minimum after a six-month probation, with the potential to hit 2,000 yuan after another
three months.
Including bonuses and benefits, new staff could potentially earn as much as 3,600 yuan monthly, putting Chinese workers on par with their Taiwanese counterparts, possibly instigating a loss of local talent.
BANGALORE – India’s government is considering an electronics incentive package to spur a local market for electronics components and products.
The government is attempting to improve the incentive package introduced under its partially failed semiconductor policy of 2007, which only attracted investments from the solar photovoltaic segment. The new focus reportedly will no longer be on large projects, but will focus on all aspects of the value chain of electronic systems.
The government estimates India's demand for electronic hardware will grow to $400 billion by 2020, compared to $45 billion in 2009. However, at current growth rates, domestic production could be a quarter of the demand by 2020.
The package includes subsidies for lowering the country’s energy and transport costs and improving infrastructure.