WASHINGTON – The National Association of Manufacturers expressed strong disappointment that the latest Treasury Report to Congress did not cite China for currency manipulation.
“We felt that Secretary [John] Snow’s comments in May made it very clear that China had to make a significant move in its currency’s value to avoid being cited in this report,” said NAM president John Engler. The yuan has appreciated just 0.3% since China announced a revaluation of its currency in July.
Santa Clara, CA — Landrex Technologies and ZD Test (an affiliate of Zero Defects Int’l) will jointly market, manufacture and distribute both companies’ electrical test fixtures.
Jim Gibson, CEO of Landrex, said, “This relationship will benefit customers in North America and Asia by combining the benefits of lower-cost manufacturing with local technical expertise and support.”
ZD Test, headquartered in Cornelius, OR, manufactures test fixtures used in interconnect and electronic package testing. Its customer base is based mostly in North America. Landrex, headquartered in Taiwan, supplies MDA and ICT test systems and fixtures, functional test systems and fixtures, spring contact probes, fixture kits and components.
Jim Gibson, CEO of Landrex, said, “This relationship will benefit customers in North America and Asia by combining the benefits of lower-cost manufacturing with local technical expertise and support.”
ZD Test, headquartered in Cornelius, OR, manufactures test fixtures used in interconnect and electronic package testing. Its customer base is based mostly in North America. Landrex, headquartered in Taiwan, supplies MDA and ICT test systems and fixtures, functional test systems and fixtures, spring contact probes, fixture kits and components.
SAN FRANCISCO – End-market demand remains relatively healthy, driven by robust growth in handsets, according to a new report from Deutsche Bank.
Following meetings with Flextronics, Jabil, Amphenol and Nam Tai Electronics Inc, the firm announced that “handset demand remains robust, while other high volume programs appear to be trending inline to slightly above plan.”
HAMILTON, VA -- Catcher Holdings Inc.,
a maker of portable handheld computer and communications
devices, has inked a manufacturing deal with Key Tronic. Terms were not disclosed.
Chief executive Charles Sander said the deal will help Catcher Holdings in commercializing its proprietary wireless PCs. "We are excited to have KeyTronicEMS leverage its engineering, design and manufacturing expertise for the benefit of our technology."
Chief executive Charles Sander said the deal will help Catcher Holdings in commercializing its proprietary wireless PCs. "We are excited to have KeyTronicEMS leverage its engineering, design and manufacturing expertise for the benefit of our technology."
SAN JOSE -- Outsourcing of cellphone manufacturing will increase
about 10 points over the next four years. However, the majority
production will remain in-house, says research firm iSuppli.
The fast pace of R&D changes in cellphones will limit the ability of ODMs to convince OEMs to outsource their design work, the firm said.
The fast pace of R&D changes in cellphones will limit the ability of ODMs to convince OEMs to outsource their design work, the firm said.
ELKHART, IN -- CTS Corp. today announced a $32 million deal to build a electronic throttle control accelerator pedal module for a major
Japanese automobile manufacturer.
Production is scheduled to start in July of 2007. The production program is expected to generate sales of over $7 million per year by 2008 and over $32 million in total new revenues for CTS over the life of the program.
CTS did not disclose the OEM's identity.
"This is a new customer to CTS and is also the fourth Japanese OEM to select CTS' electronic accelerator pedal module," said Christine Trowbridge, Pedal Business Manager for the Automotive Products Group.
The pedal will be used on a global small-car platform that will be manufactured in three Asian countries.
To date, CTS' pedal module has been selected by seven automotive OEMs for 42 different automotive platforms. It is produced in North America, Asia and Europe. Pedal module sales are expected to reach $18 million this year and ramp to over $60 million by 2008, based on current contracts..
Production is scheduled to start in July of 2007. The production program is expected to generate sales of over $7 million per year by 2008 and over $32 million in total new revenues for CTS over the life of the program.
CTS did not disclose the OEM's identity.
"This is a new customer to CTS and is also the fourth Japanese OEM to select CTS' electronic accelerator pedal module," said Christine Trowbridge, Pedal Business Manager for the Automotive Products Group.
The pedal will be used on a global small-car platform that will be manufactured in three Asian countries.
To date, CTS' pedal module has been selected by seven automotive OEMs for 42 different automotive platforms. It is produced in North America, Asia and Europe. Pedal module sales are expected to reach $18 million this year and ramp to over $60 million by 2008, based on current contracts..
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