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MILWAUKEE – Tyco Electronics will close its plant here and lay off 101 workers, the company said in a state filing.
In a required filing with the Wisconsin Department of Workforce Development, Tyco said it would lay off 58 full-time and 43 temporary employees.
The company is making moves to improve its competitiveness and cost structure.
A handful of affected employees will be offered relocation, the company said.
WELLESLEY, MA – The global market for emergency response technology is expected to grow to $69.4 billion by 2013, up from $54.7 billion in 2008, a CAGR of 4.9%, says BCC Research.
The emergency response by technologies segment has the largest share of the market, according to the research firm, and is expected to reach $47.7 billion in 2013, a CAGR of 3%.
Emergency response by technologies comprised approximately 75.4% of the overall emergency response technology market in 2008, and is forecast to decrease to approximately 68.8% by 2013.
The emergency response by functional categories was measured at overall revenues of $3.5 billion in 2000, rising to $13.5 billion in 2008. This segment is forecast to reach $21.6 billion in 2013, a CAGR of 9.9%.
Emergency response by functional categories comprised approximately 24% of the overall emergency response technology industry this year, and is forecast to increase to approximately 31% of the overall emergency response technologies industry by 2013, says BCC.
The emergency response by technologies segment has the largest share of the market, according to the research firm, and is expected to reach $47.7 billion in 2013, a CAGR of 3%.
Emergency response by technologies comprised approximately 75.4% of the overall emergency response technology market in 2008, and is forecast to decrease to approximately 68.8% by 2013.
The emergency response by functional categories was measured at overall revenues of $3.5 billion in 2000, rising to $13.5 billion in 2008. This segment is forecast to reach $21.6 billion in 2013, a CAGR of 9.9%.
Emergency response by functional categories comprised approximately 24% of the overall emergency response technology industry this year, and is forecast to increase to approximately 31% of the overall emergency response technologies industry by 2013, says BCC.
MIAMI – Component distributor All American Semiconductor is under new ownership. The company, including its 33 subsidiaries, filed for Chapter 11 bankruptcy protection last May .
The firm's new line card includes active, passive, interconnect and electromechanical parts from some 25 suppliers, including Atmel, BI Technologies, ebmpapst, Fairchild Semiconductor, NJR, Ramtron, Renesas Technology, Seiko Instruments, Semtech, SL Power, Supertex, Taiyo Yuden, TDK and Tyco Electronics.
The firm's new line card includes active, passive, interconnect and electromechanical parts from some 25 suppliers, including Atmel, BI Technologies, ebmpapst, Fairchild Semiconductor, NJR, Ramtron, Renesas Technology, Seiko Instruments, Semtech, SL Power, Supertex, Taiyo Yuden, TDK and Tyco Electronics.
LONGFORD, IRELAND – Kimball Electronics will shift manufacturing from its plant here to Poland and layoff 66 workers, the company said.
PASADENA, CA – Search engine firm SupplyFrame has introduced an index to measure online demand by engineers for technical information on electronics components.
The SupplyFrame Index (SFI) ranks the activity of the Top 20 component manufacturers. The index "factors search and download activity collected across the major search engines on millions of components," said Jeff Curie, VP of marketing at SupplyFrame.
First-quarter SFI is available at http://content.supplyframe.com/SFI20.html.
The SupplyFrame Index (SFI) ranks the activity of the Top 20 component manufacturers. The index "factors search and download activity collected across the major search engines on millions of components," said Jeff Curie, VP of marketing at SupplyFrame.
First-quarter SFI is available at http://content.supplyframe.com/SFI20.html.
AMSTERDAM – Royal Philips Electronics’ first-quarter profit was $420 million, down 28% year-over-year, the company reported today. Net income fell 75% year-over-year to $344 million.
Overall sales were $9.46 billion, up slightly from a year ago.
First-quarter revenue last year had benefited from a $1.2 billion addition from the partial sale of the company’s stake in Taiwan Semiconductor Manufacturing Corp.
Profit for the consumer lifestyle division, including music players and TVs, was $122 million, down 45% compared to first quarter last year; sales fell 5% to $4.2 billion.
Philips is Europe’s largest consumer electronics company.
Overall sales were $9.46 billion, up slightly from a year ago.
First-quarter revenue last year had benefited from a $1.2 billion addition from the partial sale of the company’s stake in Taiwan Semiconductor Manufacturing Corp.
Profit for the consumer lifestyle division, including music players and TVs, was $122 million, down 45% compared to first quarter last year; sales fell 5% to $4.2 billion.
Philips is Europe’s largest consumer electronics company.
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