Kunshan, China -- Nanya PCB will invest around $613 million to expand PCB materials production capacity of its plant in Kunshan, Jiangsu Province, China, DigiTimes reported. The company will expand capacity for producing glass yarn and glass fabric by 40,000 tons and 9 million sq. m., respectively, the paper said. Nanya is also expected to soon finish the second-stage capacity expansion at the plant, with the CCL (copper-clad laminate) capacity to exceed that of the company's Taiwan operations by the first half of 2007.
ARLINGTON, VA – Electronic component orders were flat in July, marking the second consecutive month that the 12-month average showed little or no gain (compared to 2005). The four-to-five-week index, which shows order fluctuations over a 10-year period, was down according to the monthly report compiled by the Electronic Components, Assemblies & Materials Association (ECA).
“We’re pretty much in a holding pattern,” said Bob Willis, ECA president. “The fact that the four-to-five-week index is down is more indicative of a strong month last July compared to 2004 than any significant development last month. The flat 12-month moving average probably reflects a wait-and-see attitude among manufacturers based on uncertainty over the current economic and political climate.”
NEW YORK -- EMS sales from the North American automotive industry are likely to grow from $1.1 billion in 2005 to $3.1 billion by 2012, according to Frost & Sullivan.
The uptick is due to greater outsourcing of certain key operations and a higher amount of electronic content
EDINA, MN -- The SMTA will be hosting a job center during SMTAI, held in conjunction
with Assembly Technology Expo on Sept. 26-28 in suburban Chicago. The job center is soliciting local and national companies for job openings in the
electronics manufacturing and supply industry.
The SMTA is providing
booth space and a listing of jobs available. Potential employees will be matched
to the jobs available and will be given copies of job descriptions and company
contact information.
The job center will provide your company the
opportunity to reach a region rich in high technology and electronics industry
professionals. Examples of SMTAI and ATExpo attendee primary job functions are:
Administration
Circuit/Systems Packaging Design, Circuit Design
Engineering Management
Engineering Support (Field Engineering, Technicians)
Production, Manufacturing, Process Engineering
Quality Control/Quality Assurance, Production Testing
Research & Development
Sales and Marketing.
To participate send your job
openings to Sis Sullivan at sis@smta.org no later than Sept. 15 and include the following:
Company Name
Job Title and Short Job Description
Job Function (see list above)
Number of Openings
Company Contact Information (name, phone, email address)
Preferred Method of Contact (mail, email, phone call).
FRANKLIN, MA – Speedline Technologies reported
sales rose 10% sequentially during its fiscal second quarter ended June 30.
Sales were up 33% over the second quarter of 2005.
In a press statement, president and chief executive Pierre
de Villemejane said, “On the whole, we see positive signs
YAVNE, Israel – Valor Computerized Systems posted second quarter net profit of $1 million – a growth of nearly 150% year-on-year. Net profit for the first six months of 2006 was $1.75 million, up 68% from $1 million in the comparable period last year.
Cash flow from operating activities in Q2 was $1.7 million, up from $241,000 YOY.
Revenues in the second quarter increased 10% sequentially to $9.2 Million, from $8.4 million; the number is a 2% increase over Q2 2005.
“I’m very pleased with the results,” said Ofer Shofman, president and CEO. “The successful implementation of a restructuring process enabled us to show an increase in revenues in Q2 as well as significant increase in net profits. We have been able to penetrate several of the world’s largest electronics companies with our TraceXpert solution this quarter. We expect these deals to deliver significant business in the upcoming years and to open the doors for us into new markets.”
“By the end of the year we are planning to launch a number of new products,” Shofman revealed. “The first one, to be launched within a few months, will provide a Web-based collaboration platform between our customers and their clients.”
The company expects to see continued growth in the next quarter and has revised it annual net profit forecast from $3 million to $3.75 million.