TOKYO -- Reeling from its worst downturn in 30 years, Sanyo Electric will cut up to 1,200 jobs and close one to two chip factories, the company said.
Sanyo also revised its fiscal year guidance, lowering it to flat profits from previous guidance of a profit of $393 million.
Sanyo also revised its fiscal year guidance, lowering it to flat profits from previous guidance of a profit of $393 million.
SANTA ANA, CA -- TTM Technologies, North America's largest printed circuit board manufacturer, will close its Redmond, WA, facility and lay off up to 14% of the company's overall workforce.
LIVINGSTON, SCOTLAND -- Jabil Circuit will lay off 79 workers at its manufacturing plant here, the company said.
The cuts will take the workforce to 367 staffers. A little over three years ago, Jabil cut 287 positions at the plant, which opened in 1993.
SAN FRANCISCO -- Global IT spending will be flat in 2009 on diminished demand for hardware, a top analyst said today.
IT hardware revenues are forecast to drop 8% year-over-year, Deutsche Bank analyst Chris Whitmore wrote in a research note.
IT hardware revenues are forecast to drop 8% year-over-year, Deutsche Bank analyst Chris Whitmore wrote in a research note.
WALLINGFORD, CT -- Amphenol Corp. reported fourth quarter sales fell 3% year-over-year to $755.3 million on lower demand for automotive and communications products.
For the period ended Dec. 31, net profits fell 1% to 98.7 million with an operating income margin of 18.9%. Sales were down about 9% sequentially for the company, which makes circuit boards and connectors.
For the period ended Dec. 31, net profits fell 1% to 98.7 million with an operating income margin of 18.9%. Sales were down about 9% sequentially for the company, which makes circuit boards and connectors.
MOUNTAIN VIEW, CA -- Sales of automatic test equipment for PCBs topped $1.16 billion in 2007 and are expected to reach $1.85 billion in
2014, up 60% over the forecast period, according to a Frost and Sullivan
report.
The research firm says its findings show greater use of combination
testers because of the versatility of this approach when applied to
high density circuit boards and components. Manufacturers using a
combination of methods can optimize yields. The combination of
functional testing and boundary scan testing has become popular in
spite of high equipment cost because it can reduce the overall cost of
testing.
“In today's electronic industry, it is highly
imperative to have sufficient test coverage to improve product quality,
reduce time-to-market and improve manufacturing yields,” says Frost
research analyst Sujan Sami. “Especially in a situation
where device complexity, functionality of chips and circuit board
architectures are on a rise; cost-effective and efficient test
solutions will be the key, and the right combinational testers expect
to play a major role.
“The need for more sophisticated
products, especially in the extremely demanding automotive and medical
industries drives the need for better quality oriented test equipment. The modular functionality of integrating various types of
test equipment expects to surpass the need for individual hardware and
software testing moving forward.”
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