News
The Oxford, CT, facility will be equipped with demonstration and training facilities for the company’s AOI product line.
“This expansion is in direct response to growing demand for our products and services, resulting in a significant increase in market share throughout North America,” said Brian D’Amico, president of Mirtec's North American subsidiary.
Last year, Mirtec’s parent company in Korea acquired a 35,000 sq. ft. manufacturing facility in Seoul.
TAIPEI -- Hon Hai (Foxconn) and IBM reportedly are set to sign a pact to codevelop environment-friendly products.
HELSINKI -- Months after watching Apple steal its thunder in the 3G market, Nokia is readying to return the favor.
Nokia CEO Olli-Pekka Kallasvuo said the world's largest cellphone maker plans to enter the laptop market to capitalize on trends toward cellphone and PC convergence.
According to a report last week by Citigroup, Nokia's first computer will launch in the first half of 2010. The PC, either a netbook or a PC tablet, will probably feature an Intel Atom microprocessor and Linux operating system, Citigroup said. The analyst believes Nokia will outsource production to Compal Electronics or Hon Hai (Foxconn).
Netbooks -- low-cost, stripped-down PCs with minimal software and processing power -- are the fastest-growing segment of the PC market, according to several research firms.
BINGHAMTON, NY – A Universal Instruments spokesperson is disputing a published report in an online newsletter claiming the company has been sold and is being liquidated.
The March 3 edition of CircuitNet claimed, “It appears that Francisco Partners has sold the company to Patriarch Partners LLC, a private equity investment firm.” The story further asserted that Patriarch “is currently managing the day-to-day activities within the company and plans to sell off assets.”
