Circuits Assembly Online Magazine - New Products

News

STAMFORD, CT -- Gartner raised its outlook for the worldwide semiconductor market revenue, saying it will drop 22.4% in 2009, up from a February estimate of a 24.1% fall.

HONG KONG -- Surface Mount Technology Holdings, a top 30 EMS company, reported revenue plunged 52% year-over-year to HK$397.7 million ($51.3 million) for the quarter ended March 31.

SAN JOSE -- Flextronics is commencing a cash tender offer to purchase up to $200 million worth of its outstanding long-term notes and is proposing changes to existing terms that would permit the EMS company to retire up to $500 million worth of other debt early.

DORSET, UK – Blakell Europlacer Ltd. will hold a free process/productivity improvement seminar July 15-17 at the company’s headquarters in Poole, Dorset.

NEW YORK -- The Russian electronics manufacturing industry will grow 165% over the next seven years, reaching $4.91 billion by 2015, according to a new report.

ARLINGTON, VA -- Consumer confidence in the overall economy moved up sharply in May, according to new figures from the Consumer Electronics Association. The data also show that consumers continue to feel more confident about future spending on technology and consumer electronics.