Circuits Assembly Online Magazine - Features

BROOKHAVEN, MI — A local county board has given the go ahead for Delphi Automotive to upgrade printed circuit board manufacturing plant here. The auto parts maker last August announced plans to invest $15 million to improve its factory.

SON, THE NETHERLANDS – Neways Electronics International has signed a letter of intent to acquire 100% of the outstanding shares of BuS Holding (BuS Group), a German EMS company with annual sales of about EUR 106 million. The deal is expected to be completed in the next few months.

SINGAPORE -- Surface Mount Technology Holdings today warned shareholders that it has failed to find a buyer for their shares and liquidation is possible. The company, which in March was notified of its impending delisting by the Singapore Stock Exchange, is now seeking alternatives including the board repurchase of outstanding shares from minor shareholders, and voluntary liquidation.

BANNOCKBURN, IL – IPC has published IPC-1755, Conflict Minerals Data Exchange Standard, giving the supply chain a list of terms and descriptions for conflict minerals data.

JAKARTA, INDONESIA -- The promise of billions of dollars in investment by Foxconn into Indonesia has the Indonesian Employers Association skeptical. The agency known as Apindo has reportedly told the Indonesian government that Foxconn is "not serious" about its investments here, according to reports.

FRAMINGHAM, MA – Worldwide PC shipments totaled 73.4 million units in the first quarter, a decline of 4.4% year-over-year, according to IDC. Although still in decline and with continuing weakness in consumer and emerging market segments, the preliminary results are slightly better than a projected decline of 5.3%.