Meanwhile, Tom Ingham, vice president of sales for North America, has resigned, DDi said.
In a statement, McMaster said, "I want to give our sales organization a renewed sense of purpose -- to grow this business and to drive revenues. I will be visiting our customers, focusing on their technology roadmaps, and working to ensure that DDi remains a vital link in their supply chain."
DUBLIN -- The market for OEM automotive electronics in China is forecast to reach $3.5 billion by 2012, a compound annual growth rate of 14.2%, a new study says.
At that rate, China is the fastest growing region for automotive electronics, says Dublin, Ireland-based Research and Markets.
The average automotive electronic content per light vehicle in China is forecast to increase from $300 in 2003 to $500 in 2012, the firm said.
PC Trading will be responsible for selling Indium's line of solder pastes, wave solder fluxes, wires and preforms.
In a statement, Indium European sales manager Tony Howard called PC Trading a "well respected supplier." The company reportedly has extensive experience supplying consumables, machinery and laser stencils for surface mount assembly in Denmark.
Patent number ZL98107079.5 was issued Sept. 29 for the C3, Foresite said.
The
C3 performs real-time cleanliness analysis, the company said. It
operates using a steaming technique to extract residues from a
specified area and electrically test for conductivity and corrosivity.
Results are returned in minutes, Foresite said.
The process is a means for localized residue assessment and for collecting samples for ion chromatography analysis. The C3 tests specific areas and pinpoints the location of residue
without exposing the entire board to water, which can dilute test results.
Tests can be localized to an area of 0.1 in2, Foresite said.
The C3 has been issued patents in the U.S. and U.K., and has patents pending in Germany and Hong Kong.WASHINGTON, DC - The electronics industry's leading trade group said creating a more innovative and competitive environment for U.S. high-tech companies heads its public policy agenda this year.
President and CEO Dave McCurdy said the Electronics Industries Alliance's top priorities include trade with China, RFID and tax relief.
"EIA's broad goal in 2005 is to work with the Bush Administration and the 109th Congress to implement a technology-oriented economic agenda that can allow the U.S. high-tech industry to compete favorably in the global economy," said EIA board of governors chairman Ron Turner.
HAUPPAUGE, NY - Jaco Electronics, a distributor of components, reported second-quarter net sales of $52 million, down from $61.5 million a year ago. For the period ended Dec. 31, the company lost $1.5 million, vs. $437,000 last year.
The December results do not Jaco's former contract manufacturing subsidiary, which the company sold to Sagamore Holdings last September.
In a press statement, Jaco's chairman and chief executive Joel Girsky said, "During this difficult period we are focusing on managing the company's overhead and investing resources in areas we believe provide the best prospects for growth.
The company continues to shave expenses, announcing overhead reductions of $1.5 million annually, in addition to previously announced cuts of $2 million. The reductions will be fully implemented by March, the firm said. The company also intimated that further cuts may be coming as it tries to reduce spending by a total of $5 million per year.
Gross profit was flat at 12.7% on a sequential basis. SG&A declined both sequentially and year-over-year. Inventory levels increased sequentially, primarily due to $10.7 million of inventory for existing orders with a customer through June.
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