BOAO, CHINA -- Faced with higher worker salaries in Southeast China, Foxconn Technology Group plans to open manufacturing facilities in Hainan and expand operations in Brazil, chairman Terry Gou said yesterday.
HERNDON, VA – iNEMI is forming a project team to develop a white paper based on the Appendices A and B that were removed from the IPC9704A standard that was revised last month.
BANNOCKBURN, IL – North American printed circuit board shipments in February decreased 2.3% year-over-year, while orders increased 6.5%, says IPC.
Year to date, shipments were down 2.9% and orders were up 6.3%. Sequentially, shipments for February increased 6% and orders increased 6%. The book-to-bill ratio rose 1.04. A ratio of more than 1.0 suggests current demand is ahead of supply, and is considered a positive indicator for sales growth over the next two to three months.
Rigid board shipments in February were down 1.9% year-over-year, but orders were up 6.9% compared to the same month last year. Year to date, rigid board shipments decreased 2.5% and orders increased 8.8%. Sequentially, rigid PCB shipments increased 5.9% and orders increased 4.3%. The rigid board book-to-bill ratio climbed to 1.04.
Flex circuit board shipments were down 6.4% and orders were up 1.8% compared to February 2011. Year to date, flex shipments decreased 7.1%, while orders dropped 14.9%. Sequentially, shipments increased 7.4% and orders were up 26%. The flex book-to-bill ratio rose to 1.10.
“Growth rates for both rigid PCB and flexible circuit sales in North America are improving,” said Sharon Starr, IPC director of market research. “Although year-on-year sales growth rates are still negative, they are moving up and nearing positive territory,” she added. “Order growth was especially strong in February, and it pushed the book-to-bill ratio up to 1.04, indicating that sales are likely to continue strengthening for the next several months.”
Rigid PCBs represent an estimated 89% of the current industry in North America, says IPC.
In February, 85% of total shipments were domestically produced. Domestic production accounted for 85% of rigid and 83% of flex board shipments.
Bare circuits accounted for about 42% of flex board shipment value reported for the month.
HONG KONG -- EMS firm Surface Mount Technology (Holdings) Ltd. has asked its creditors for more time to meet its financial obligations, the company said today.
MUNICH -- Roselektronika (Rosel) and Rohde & Schwarz have signed a memorandum of understanding under which Rosel will distribute Rohde & Schwarz's test equipment in Russia.
SHENZHEN – A Fair Labor Association audit of Foxconn has determined the firm to have excessive working hours and health and safety issues, according to published reports.