FRAMINGHAM, MA – Worldwide semiconductor revenues will grow 9% year-over-year in 2011 to $303 billion, and will achieve a CAGR of 6% for the 2010 to 2015 forecast period, according to International Data Corp. Revenues will hit nearly $380 billion by 2015, the firm says.
IRVING, TX – Private equity startup Longwater Opportunities has purchased 40% of PCB maker W-Tek.
Financial terms were not disclosed.
Longwater purchased Circuitronics last year, when W-Tek was a supplier to the PCB assembler.
Circuitronics’ former owner Jeff Forbus purchased 60% of W-Tek, say published reports.
CHONGQING, CHINA – Walsin Technology Corp., and its subsidiaries Global Brands Manufacture Ltd. and Prosperity Dielectrics Co., signed an agreement with the Chongqing Municipal City Government to build passive component factories here.