SAN JOSE – North America-based manufacturers of semiconductor equipment posted $1.28 billion in orders worldwide in March, up 16.1% year-over-year, and down 1.2% sequentially, says SEMI. The figures are based on a three-month average basis.
GLENVIEW, IL – Illinois Tool Works today reported first-quarter 2014 revenues up 4% year-over-year to $3.6 billion. Operating income increased 16% to $667 million.
FREMONT, NH – The SMTA Boston Chapter is hosting a plant tour at the Precision Placement Machines facility here Apr. 22.
CHIHUAHUA, MEXICO -- Continued layoffs are expected at SMTC's manufacturing site here as the company attempts to make the operation more efficient and cost-effective.
LONDON -- The past decade has not been kind to Western makers of electronics equipment, as market share of world production has fallen from 67% to 40% during that span, a new research report says. While the West will continue to experience anemic growth over the next couple years, however, even China will see its share slip.
WOMBORNE, DORSET, ENGLAND -- Electronics Technicians Ltd. has completed its acquisition of electronics design house Eagle Techniques, announced last year. Eagle has relocated its staff to ETL's 12,000 sq. ft. site at the Ferndown Industrial Estate.
