METHUEN, MA – EMS provider Proxy Manufacturing has been certified as a qualified HUBZone small business concern by the U.S. Small Business Administration.
The SBA’s HUBZone Empowerment Contracting Program seeks to create jobs and stimulate economic development in urban and rural communities that have been designated as historically underutilized business zones.
Certification is awarded to small businesses that, among other qualifications, maintain a principal office in a HUBZone and employ staff that lives in one of these specially designated areas. Proxy’s certification means that it is now eligible to receive HUBZone contracting opportunities under the North American Industry Classification System (Code 334418, Printed Circuit Assembly (Electronic Assembly) Manufacturing.
Proxy can also receive contracts that it is qualified to perform under other NAICS Codes.
“This certification provides Proxy access to preferred federal contracts and the opportunity, said Shawn Foy, president . “In addition, we can help customers who are large federal contractors meet their HUBZone subcontracting goals.”
The SBA’s HUBZone Empowerment Contracting Program seeks to create jobs and stimulate economic development in urban and rural communities that have been designated as historically underutilized business zones.
Certification is awarded to small businesses that, among other qualifications, maintain a principal office in a HUBZone and employ staff that lives in one of these specially designated areas. Proxy’s certification means that it is now eligible to receive HUBZone contracting opportunities under the North American Industry Classification System (Code 334418, Printed Circuit Assembly (Electronic Assembly) Manufacturing.
Proxy can also receive contracts that it is qualified to perform under other NAICS Codes.
“This certification provides Proxy access to preferred federal contracts and the opportunity, said Shawn Foy, president . “In addition, we can help customers who are large federal contractors meet their HUBZone subcontracting goals.”
SAN JOSE -- Flextronics will acquire International DisplayWorks, a designer and manufacturer of LCDs and other components for handheld and industrial products, in an all-stock deal valued at $300
million.
The transaction is subject to customary closing conditions,
including IDW stockholder approval and certain regulatory approvals, and is expected to close in the fourth quarter.
SAN JOSE – July sales of semiconductors were up up 11.5% worldwide to $20.1 billion, the Semiconductor Industry Association
reported today. July’s sales were up 1.8% over June, and continued the record pace.
“The worldwide semiconductor industry is on track to surpass $240 billion in sales this year, which represents a new record,” said SIA president George Scalise. “Growth continues to be strong across a broad range of end markets and geographic regions as well, particularly Asia Pacific which is up over 13% year-on-year, and the U.S., where sales increased almost 18% over last year."
“The worldwide semiconductor industry is on track to surpass $240 billion in sales this year, which represents a new record,” said SIA president George Scalise. “Growth continues to be strong across a broad range of end markets and geographic regions as well, particularly Asia Pacific which is up over 13% year-on-year, and the U.S., where sales increased almost 18% over last year."
EL SEGUNDO, CA — Intel Corp. experienced a dramatic decline in semiconductor revenue in the second quarter and posted its lowest quarterly market share in more than four years, according to a new ranking from iSuppli Corp.
Following an increase in its revenue and market share in 2005, the world’s largest chipmaker in the second quarter saw its semiconductor revenue fall 12.8% sequentially and its share of the global chip market shrink to 11.4%, down from 13.2% in the first quarter.
That is the lowest share for Intel since iSuppli began tracking quarterly semiconductor market shares in the first quarter 2002.
“Following such an impressive 2005, this represents a major reversal of fortune for Intel,” said Dale Ford, vice president of market intelligence services at iSuppli. “However, Intel’s recent actions show it understands the need to improve its efficiency and sharpen its focus on its core business of microprocessors and integrated circuits for computing systems.”
Top-10 Semiconductor Suppliers, Q2 2006 (in US$ millions)
Q2 2006 Revenue %Change
1. Intel 7,095 -12.4%
2. Samsung 4,481 1.5%
3. TI 3,175 5.2%
4 . STM 2,495 5.6%
5. Toshiba 2,328 0.5%
6 . Renesas 2,081 6.0%
7 . Hynix 1,694 17.1%
8 . Philips 1,534 4.4%
9 . Freescale 1,527 4.2%
10. NEC 1,380 -0.4%
Others 34,462 2.9%
Following an increase in its revenue and market share in 2005, the world’s largest chipmaker in the second quarter saw its semiconductor revenue fall 12.8% sequentially and its share of the global chip market shrink to 11.4%, down from 13.2% in the first quarter.
That is the lowest share for Intel since iSuppli began tracking quarterly semiconductor market shares in the first quarter 2002.
“Following such an impressive 2005, this represents a major reversal of fortune for Intel,” said Dale Ford, vice president of market intelligence services at iSuppli. “However, Intel’s recent actions show it understands the need to improve its efficiency and sharpen its focus on its core business of microprocessors and integrated circuits for computing systems.”
Top-10 Semiconductor Suppliers, Q2 2006 (in US$ millions)
Q2 2006 Revenue %Change
1. Intel 7,095 -12.4%
2. Samsung 4,481 1.5%
3. TI 3,175 5.2%
4 . STM 2,495 5.6%
5. Toshiba 2,328 0.5%
6 . Renesas 2,081 6.0%
7 . Hynix 1,694 17.1%
8 . Philips 1,534 4.4%
9 . Freescale 1,527 4.2%
10. NEC 1,380 -0.4%
Others 34,462 2.9%
AMSTERDAM -- Greenpeace wants electronics companies to clean up their acts.
The activist environmental protection organization this week released its study of the "green credentials" of the top electronics OEMs. Ranked on their use of toxic chemicals and electronic waste (e-waste) policies, Dell and Nokia scored highest -- albeit a "barely respectable" 7 out of 10 -- while Apple, Motorola and Lenovo finished at the bottom of the class. The average score for the 14 companies reviewed was 4 of 10.
The activist environmental protection organization this week released its study of the "green credentials" of the top electronics OEMs. Ranked on their use of toxic chemicals and electronic waste (e-waste) policies, Dell and Nokia scored highest -- albeit a "barely respectable" 7 out of 10 -- while Apple, Motorola and Lenovo finished at the bottom of the class. The average score for the 14 companies reviewed was 4 of 10.
JACKSON, MI -- EMS firm Sparton Corp. reported net sales of $50.5 million for its fourth quarter ended June 30, up 9.6% over last year. Net income fell 95% to $468,000
from $4.94 million last year.
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- SIA Applauds CHIPS Act Incentives for GlobalWafers Projects in Texas and Missouri