News
TORONTO – Adeptron Technologies reported third-quarter sales rose 18% over last year to $9.6 million, as the EMS company swung to a net profit of $104,000.
HELSINKI – Nokia today said the global cellphone market would fall this quarter and throughout 2009.
The world’s leading cellphone provider dropped its 2008 forecast to 1.24 billion units worldwide, down from 1.26 billion. The handset market volumes and the overall telecom equipment market are expected to fall next year, the company added.
Nokia also lowered its industry outlook for the fourth quarter, forecasting volumes of 330 million, about 16 million lower than the average market forecast revealed in a Reuters poll earlier this month.
In a statement, Nokia said, "In the last few weeks, the global economic slowdown, combined with unprecedented currency volatility, has resulted in a sharp pull back in global consumer spending.” The company later said developed markets will fare worse, and developing markets will fare better.
Smartphones are expected to be the exception in 2009, putting companies like Apple and RIM in a better position versus their peers.
ÖSTERSUN, SWEDEN – Flextronics will reportedly cease production at its plant here, according to published sources.
Production will cease this month, the sources said, although the site will remain open until March. The site employed about 400 workers, the reports said.
YORKTOWN HEIGHTS, NY – IBM and Purdue University researchers have discovered tiny silicon nanowires might be ideal for manufacturing in computers and consumer electronics because the structures repeatedly form the same way.
According to a Purdue spokesperson, the researchers used a transmission electron microscope to observe nanowires made of nucleate. Silicon nanowires form from gold nanoparticles ranging in size from 10 to 40 nm.
This is the first time researchers have made such precise measurements of the nucleation process in nanowires, a participating researcher said, according to published reports.
The researchers studied silicon; however, the findings could be applied to manufacturing nanowires made from other semiconducting materials, published reports say.
Nanowires could aid the semiconductor industry’s ongoing need to place more transistors in smaller spaces. The challenge will be to replace gold with other metals used in electronics, according to the researchers.
The National Science Foundation is funding the program.
According to a Purdue spokesperson, the researchers used a transmission electron microscope to observe nanowires made of nucleate. Silicon nanowires form from gold nanoparticles ranging in size from 10 to 40 nm.
This is the first time researchers have made such precise measurements of the nucleation process in nanowires, a participating researcher said, according to published reports.
The researchers studied silicon; however, the findings could be applied to manufacturing nanowires made from other semiconducting materials, published reports say.
Nanowires could aid the semiconductor industry’s ongoing need to place more transistors in smaller spaces. The challenge will be to replace gold with other metals used in electronics, according to the researchers.
The National Science Foundation is funding the program.
TAIPEI – The board of Hon Hai Precision Industry, the parent company of Foxconn Technologies, approved a proposal to raise $363 million by issuing unsecured corporate bonds in an effort to build cash.
A firm spokesperson said the company would use the money to increase its operating capital and cash turnover ratio.
In terms of volume, this is the firm’s largest capital raising case in two years. Hon Hai put up $545 million then by issuing domestic corporate bonds.
Hon Hai is the world’s largest EMS/ODM company, with annual revenues of more than $60 billion. However, through September, the firm had about $306 million in cash, down from the $351 million at the end of June.
A firm spokesperson said the company would use the money to increase its operating capital and cash turnover ratio.
In terms of volume, this is the firm’s largest capital raising case in two years. Hon Hai put up $545 million then by issuing domestic corporate bonds.
Hon Hai is the world’s largest EMS/ODM company, with annual revenues of more than $60 billion. However, through September, the firm had about $306 million in cash, down from the $351 million at the end of June.
MUNICH -- German electronic components and systems sales are expected to fall 1% in 2009, according to a forecast issued this week the ZVEI trade group.
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