TAIPEI -- BenQ Corp.'s German handset unit is considering filing for insolvency after its board decided to halt funding to the division. BenQ's cellphone units in Brazil and elsewhere are also reviewing their financial positions, according to reports.
WOODRIDGE, IL – Morey Corp. will build a state-of-the-art technical research and design facility next year near the EMS company's headquarters in Woodridge. The site will assist Morey’s telematics, controller, and display product lines.
Plans call for a 26,300-sq. ft., two-story facility to be located adjacent to the company’s headquarters.
SAN JOSE – MEPTEC, the MicroElectronics Packaging and Test Engineering Council, will hold its annual packaging roadmaps symposium Nov. 16 in San Jose.
IC Packaging & Test Roadmaps: Device Trends Impact on Packaging & Test Technology and Supply Chain, the annual roadmap symposium, will overlay IC device trends with the associated current and future technology solutions for packaging and test and will also explore challenges associated with demands for full turnkey supply chain services.
EL SEGUNDO, CA — The U.S. in 2006 is expected to maintain its lead in the worldwide
electronics equipment design with the nation’s activities in this area
driving the most semiconductor purchasing of any country, according to
new data from iSuppli Corp. However,
China’s rapid growth in
electronic-design-generated semiconductor purchasing activity is continuing and
the country is closing the gap, the research firm said.
“Design of electronic goods leads
directly to equipment production, which in turn drives semiconductor purchasing.
Companies that engage in design of electronic equipment, such as PCs, mobile
phones and televisions, also are responsible for specifying the use of
particular chips in the products being developed,” said Min-Sun Moon, OEM spend analyst for iSuppli. “Thus,
these companies and the nations where they operate have a major influence on
global semiconductor spending.”
ST. PETERSBURG, FL -- Jabil Circuit today beat revenue expectations, reporting fourth quarter sales of $3 billion, a 50% gain in revenue year-over-year. Full financial results for
the quarter will be delayed due to ongoing investigations into the
timing of past stock option grants.
The figures beat The Street's estimates of $2.8 billion. However, organic growth is expected to slow from 32% in fiscal 2006 to
11% in fiscal 2007, due in part to the end of a large contract with Philips.
ST. LOUIS -- LaBarge Inc. won $8 million in contracts
from Raytheon Missile Systems to provide cable assemblies and
an integrated firing unit assembly for the Tactical Tomahawk cruise
missile. The company anticipates follow-on orders.
Production will take place at LaBarge's Joplin, MO, and
Huntsville, AK, facilities and is expected to continue through October
2007.
LaBarge, an EMS provider, is a Raytheon preferred supplier and received Raytheon's
2004 Leadership Excellence Award for outstanding business practices.