ESPOO, FINLAND – Elcoteq SE has closed on a deal to purchase Philips' flat panel TV assembly operations in Juarez, Mexico. Under terms of the deal, Elcoteq will pay $32 million in cash for certain fixed assets and inventories. The 740 local Philips personnel will become employees of Elcoteq.
WASHINGTON – While enactment of the RoHS Directive made waves, what’s been less visible is enforcement. This week, Fern Abrams, IPC’s director of government relations and environmental policy, discussed the association’s role with regard to RoHS and other looming “green” issues.
VANCOUVER – Creation Technologies today acquired Circuit Service Inc. and its Chinese subsidiary, Changzhou CSI Ltd. (CCSI) of Changzhou, China.
The acquisition marks the first foray for the EMS provider into Asia. No financial details were disclosed.
JASPER, IN – Kimball Electronics on Aug. 31 acquired Genesis Electronics Manufacturing for an undisclosed sum.
Genesis, an EMS provider based in Tampa, FL, has annual revenues of about $17 million and operates from a 50,000 sq. ft. facility formerly owned by Jabil.
Genesis, an EMS provider based in Tampa, FL, has annual revenues of about $17 million and operates from a 50,000 sq. ft. facility formerly owned by Jabil.
TIJUANA, MEXICO -- Catalyst Manufacturing Services has opened a 80,000 sq. ft. facility in Tijuana, its second here, the company said.
The site features two SMT lines and 60,000 sq. ft. of manufacturing space.
The EMS company also operates an 80,000 sq. ft. plant in Tijuana, and facilities in Endicott, NY (the former Ramp Industries), and Morrisville, NC.
The site features two SMT lines and 60,000 sq. ft. of manufacturing space.
The EMS company also operates an 80,000 sq. ft. plant in Tijuana, and facilities in Endicott, NY (the former Ramp Industries), and Morrisville, NC.
STAMFORD, CT – Asia-Pacific semiconductor revenue will outperform global revenue growth of 4.6% in 2008, reaching nearly $160 billion, up 6.4% year-over-year, said Gartner Inc.
Gartner forecasts Asia-Pacific semiconductor revenue will reach more than $203 billion by 2012.
“Worldwide semiconductor revenue is set for single-digit growth over the next five years; however, selected devices in specific electronic equipment types will post much higher growth,” John Barber, research director at Gartner, said in a statement.
China’s electronics sector will continue to lead growth in the region and the global semiconductor arena, said the research firm. However, China’s electronics manufacturing industry slowed in 2006 and is forecasted to record slower growth until 2012.
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