News
ALAMEDA, CA – Chinese companies are moving up the value chain in product design, and their engineering teams offer customers an increasing array of technical options and product features. That’s according to a new report by Technology Forecasters Inc. (techforecasters.com).
Chinese electronics manufacturing and design (EMD) services are forecast to grow 95% from an estimated $38.3 billion in 2005 to $74.7 billion in 2010, TFI found.
SAN FRANCISCO -- The nation's CIOs project IT spending to increase to 6%
over the next year, according to a poll taken in November, up one point from October.
Spending projections were up or flat in most categories month over month, said Deustche Bank and CIO magazine, who administer the poll.
Spending projections were up or flat in most categories month over month, said Deustche Bank and CIO magazine, who administer the poll.
EL SEGUNDO, CA -- Intel Corp. is expected to solidify its position as the world’s leading semiconductor supplier, posting the highest revenue growth among the top 10 chip makers for the year, according to a preliminary ranking from iSuppli Corp.
The research firm raised its forecast for global chip revenue in 2005 to $237.3 billion, up 4.4% from $227.3 billion in 2004.
TOKYO -- As predicted by Circuits Assembly last year, following its promotion of entertainment guru Howard Stringer Sony Corp. has upped outsourcing of its electronics products. It recently signed a deal with Premier Image Technology of Taiwan, and is reportedly in talks with other Taiwanese companies, including Ability Enterprise Co., Asia Optical Co., and Altek. A decision is expected by March.
Altek also builds product for Kodak and HP. Asia Optical builds for Olympus, and Ability makes digital cameras for Samsung and Casio.
Sanyo is leading digital camera vendor, shipping some 13 million units this year.
PALO ALTO, CA -- The sale of Agilent Technologies' semiconductor chip division to a pair of private equity firms is complete. The $2.6 billion acquisition by Kohlberg Kravis Roberts and Silver Lake Partners closed yesterday, creating a new company with some $1.8 billion in revenue this year.
The new company will be known as Avago Technologies and be based in San Jose and Singapore. Avago will have 6,500 employees, including 500 in San Jose. No layoffs are expected.
Dick Chang, who ran Agilent's chip division before the buyout, is the new CEO. He said Avago expects sales to grow about 5% next year.
Avago has also agreed to divest its storage chip business to PMC-Sierra in a deal worth $425 million.
The new company will be known as Avago Technologies and be based in San Jose and Singapore. Avago will have 6,500 employees, including 500 in San Jose. No layoffs are expected.
Dick Chang, who ran Agilent's chip division before the buyout, is the new CEO. He said Avago expects sales to grow about 5% next year.
Avago has also agreed to divest its storage chip business to PMC-Sierra in a deal worth $425 million.
SAN JOSE – Worldwide sales of semiconductors surpassed $20 billion in October, a new milestone for the industry, according to SIA. Sales rose 6.75% from October 2004 and 2.5% sequentially.
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