BANNOCKBURN, IL – North American industry PCB shipments in July increased 6.9% year-over-year and orders fell 6.9%, IPC said.
NAMPA, ID – MPC will lay off 5% of its nationwide workforce, including 55 jobs in North Sioux City, and here at the company's headquarters, and transfer manufacturing in Nashville to Flextronics in Juarez, Mexico, according to published reports. Most of the jobs are in IT and sales, KTIV reported.
MPC acquired certain elements of Gateway's computer business last year and is one of the 10 largest PC manufacturers. However, the company is struggling to avoid bankruptcy, according to recent company notices.
The company did not disclose the value or length of the programs sent to Flextronics.
ST. LOUIS – LaBarge Inc. has been awarded a $1.1 million contract from Northrop Grumman to provide electronic assemblies for its new Ground/Air Task Oriented Radar (G/ATOR), which consolidates the missions of five Marine Corps radars into a single multi-role radar system.
The company expects to receive follow-on orders.
Production on the contract began this summer at LaBarge's Tulsa facility and is expected to continue through January 2009.
The company expects to receive follow-on orders.
Production on the contract began this summer at LaBarge's Tulsa facility and is expected to continue through January 2009.
SAN JOSE – The average cost of labor for EMS in most global geographies continues to rise at a rate equal to or slightly above the currency-adjusted local inflationary index, according to Charlie Barnhart & Associates.
BANGKOK – Hana Microelectronics said second-quarter revenue dropped 1% year-over-year to about $115 million, but net profit rose 26% to almost $16 million.
First-half revenue rose 1% to $227.5 million compared to the same period last year, with net profit rising 24% to $29.13 million.
The profit increase was a result of higher capacity utilization, the company said.
The firm, which builds IC packages and electronics assemblies, expects revenues to grow 15% in the third quarter, as a result of increased orders from China, India and Southeast Asia.
Hana recorded revenue of $452 million last year. More than 80% of sales were attributable to PCBs and IC assemblies, say published reports. The company was ranked 36th among the largest EMS suppliers by Electronic Business.
Hana also has added 3,000 sq. meters to its production plant, and is considering building a new facility in the same location.
First-half revenue rose 1% to $227.5 million compared to the same period last year, with net profit rising 24% to $29.13 million.
The profit increase was a result of higher capacity utilization, the company said.
The firm, which builds IC packages and electronics assemblies, expects revenues to grow 15% in the third quarter, as a result of increased orders from China, India and Southeast Asia.
Hana recorded revenue of $452 million last year. More than 80% of sales were attributable to PCBs and IC assemblies, say published reports. The company was ranked 36th among the largest EMS suppliers by Electronic Business.
Hana also has added 3,000 sq. meters to its production plant, and is considering building a new facility in the same location.
SAN JOSE – A projected decline in world semiconductor fab equipment spending of 20% is expected for 2008, but a rebound of more than 20% in spending is expected in 2009, driven by more than 70 fab projects, says SEMI.
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