RICHARDSON, TX -- EMS provider TXP Corp. has signed a letter of intent to acquire the assets and intellectual property for Siemens AG's optical network terminal technology, supporting broadband passive optical network and gigabit passive optical network standards. The deal is nonbinding and is subject to customary due diligence. The transaction is expected to close in the fourth quarter.
TAIPEI -- Foxconn Technology will invest a reported $1
billion to build an industrial park in China's Huaian economic
development zone, according to a newspaper report yesterday.
The Hong Kong Standard cited the Huaian city government as saying that the company would invest the money in electronics facilities over the course of five years.
Huaian is located in China's eastern Jiangsu province.
The Hong Kong Standard cited the Huaian city government as saying that the company would invest the money in electronics facilities over the course of five years.
Huaian is located in China's eastern Jiangsu province.
ST. LOUIS – Laird Technologies, a designer and manufacturer of antennas, electromagnetic interference shielding, telematics and thermal management gear, will open a manufacturing facility in Chennai, India, next year.
The company expects to break ground on the approximately 150,000 sq. ft. facility in January, and will reportedly open it in mid 2007. It will initially accommodate antenna production, followed by EMI products for handset applications.
The company expects to break ground on the approximately 150,000 sq. ft. facility in January, and will reportedly open it in mid 2007. It will initially accommodate antenna production, followed by EMI products for handset applications.
YOKOHAMA, JAPAN – Zuken and Rio Design Automation have announced a partnership in sales and technical development to create an overall optimized design environment for chips, packages and PCBs.
Under the agreement, Zuken will acquire the exclusive rights to distribute Rio’s products in Japan, Korea, China, Taiwan, and other Asian countries (excluding India); support services will also be provided through Zuken’s network.
Under the agreement, Zuken will acquire the exclusive rights to distribute Rio’s products in Japan, Korea, China, Taiwan, and other Asian countries (excluding India); support services will also be provided through Zuken’s network.
The agreement will enable the creation of a complete chip-package-board solution, the companies said in a joint statement.
ST. PETERSBURG, FL - Jabil Circuit Inc. has begun construction of a greenfield electronics manufacturing facility in Zarkappatya, Uzhgorod. The new factory is expected to create 1,500 jobs.
“We believe the Ukraine will become a major player in electronics manufacturing," said John Lovato, Jabil’s European president. "The country has all it takes to successfully compete with Asia on a landed cost basis to the European market; educated and available labor force at a competitive cost, proximity to the European market, available natural resources to develop a strong supplier base and cooperative government support."
The 26,000-m² facility will be operational next Spring. Jabil plans to develop in the Special Economic Zone Zarkappatya, an industrial park.
Jabil has manufactured electronics in Ukraine since 2004 and was one of the first EMS providers to establish a presence in the country. The company employs 900 at its facility in Uzhgorod.
“We believe the Ukraine will become a major player in electronics manufacturing," said John Lovato, Jabil’s European president. "The country has all it takes to successfully compete with Asia on a landed cost basis to the European market; educated and available labor force at a competitive cost, proximity to the European market, available natural resources to develop a strong supplier base and cooperative government support."
The 26,000-m² facility will be operational next Spring. Jabil plans to develop in the Special Economic Zone Zarkappatya, an industrial park.
Jabil has manufactured electronics in Ukraine since 2004 and was one of the first EMS providers to establish a presence in the country. The company employs 900 at its facility in Uzhgorod.
ANAHEIM, CA --
Quickturn PCB company DDi Corp. has completed the sale of its assembly business to
Veritek Manufacturing Services for approximately $12 million in cash.
The sale reflects the company's previously announced strategy to focus on
its core PCB fabrication, engineering and manufacturing business.
In addition to the sale of its assembly division, DDi is acquiring
Sovereign Circuits, a privately held printed circuit board
manufacturer that builds for the military, aerospace and high reliability
commercial markets. The acquisition is expected to
close this month.
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