STOCKHOLM -- NOTE AB, a top 50 EMS provider, will lay off 100 workers, mostly in Sweden, in response to decreased demand, the company said. The company will take fourth-quarter charges of 50 million kronors ($6.43 million) to cover the layoff costs.
LOS ALTOS, CA – Global electronic equipment revenues will fall 2.2% in 2009, before rebounding to 6.7% growth in 2010, according to a new forecast by Henderson Ventures.
The firm estimates 2008 will show a 1.2% gain, lower than previous forecasts.
According to Henderson, the US will take a 4.4% hit in 2009, then recover 4.3% in 2010. Japan will fall 5.3%, then rebound to 4.6% growth in 2010. Western Europe will decline 6% in 2009, then grow 3.8% in 2010.
China is an exception: It will grow 2.3% in 2009 and 10.1% in 2010.
Declines in commodity prices in 2009 should permit some equipment manufacturers to maintain profitability, Henderson says.
Mobile markets will be hard hit, with cutbacks expected for previously planned 3G rollouts. Overall, handsets sales are predicted to decline 3.2% in 2009, then rebound 10.3% in 2010.
The firm estimates 2008 will show a 1.2% gain, lower than previous forecasts.
According to Henderson, the US will take a 4.4% hit in 2009, then recover 4.3% in 2010. Japan will fall 5.3%, then rebound to 4.6% growth in 2010. Western Europe will decline 6% in 2009, then grow 3.8% in 2010.
China is an exception: It will grow 2.3% in 2009 and 10.1% in 2010.
Declines in commodity prices in 2009 should permit some equipment manufacturers to maintain profitability, Henderson says.
Mobile markets will be hard hit, with cutbacks expected for previously planned 3G rollouts. Overall, handsets sales are predicted to decline 3.2% in 2009, then rebound 10.3% in 2010.
ST. LOUIS -- To date, EMS provider LaBarge Inc. had largely stayed out of the acquisition game.
The company ended that streak today, announcing a deal for Pensar Electronic Solutions for $45 million, subject to certain adjustments.
The company ended that streak today, announcing a deal for Pensar Electronic Solutions for $45 million, subject to certain adjustments.
EL SEGUNDO, CA — Global notebook PC shipments exceeded those of desktops on a quarterly basis for the first time ever in the third quarter, according to iSuppli Corp.
EDGEWOOD, NY -- Dynatech Technology, the exclusive US distributor of Samsung SMT assembly equipment, is relocating its corporate headquarters, order processing and logistic operations from Horsham, PA, to Edgewood, NY.
The company will add warehouse and office staff to handle the increased business seen over the past year as well.
The Horsham office will remain open as a regional sales center.
"Shifting our sales support, order entry and warehousing functions to our New York facility allows us to take full advantage of our extensive resources," said Michael Foster, general manager, Dynatech Technology, in a statement. "Our office and warehouse staff has increased threefold with the change. The increased warehouse space, staff and office infrastructure in Edgewood enables us to expand our operation in a single location for faster response time to customer requests in a more efficient manner."
The company will add warehouse and office staff to handle the increased business seen over the past year as well.
The Horsham office will remain open as a regional sales center.
"Shifting our sales support, order entry and warehousing functions to our New York facility allows us to take full advantage of our extensive resources," said Michael Foster, general manager, Dynatech Technology, in a statement. "Our office and warehouse staff has increased threefold with the change. The increased warehouse space, staff and office infrastructure in Edgewood enables us to expand our operation in a single location for faster response time to customer requests in a more efficient manner."
SANTA CLARA, CA – Viking Automation Tools has signed an agreement for the exclusive service and installation rights of Nippon Scientific Co. Ltd.’s semiconductor failure analysis systems in the US, Mexico and Canada. No financial terms of the agreement were disclosed.
NSC manufactures semiconductor failure analysis equipment and has developed equipment from wet and dry IC decapsulation, reactive ion etching, micro-milling and laser IC preparation systems to testing equipment.
Viking is a manufacturing and engineering design company specializing in automation tools.
NSC manufactures semiconductor failure analysis equipment and has developed equipment from wet and dry IC decapsulation, reactive ion etching, micro-milling and laser IC preparation systems to testing equipment.
Viking is a manufacturing and engineering design company specializing in automation tools.
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