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HUIZHOU, CHINA – Foxconn International plans to spend more than $500 million on a new campus in Huizhou that, when up and running, will employ more than 10,000 workers.
PHOENIX – Avnet Electronics Marketing, an operating group of Avnet Inc., reports Tyco Electronics has extended its franchise agreement with Avnet to include all of Europe, Asia Pacific, Japan and India.
The extension of the global franchise agreement focuses on Tyco’s electronic components segment, including connectors and interconnect systems, relays, switches, circuit protection devices, sensors, wires and cable.
The extension of the global franchise agreement focuses on Tyco’s electronic components segment, including connectors and interconnect systems, relays, switches, circuit protection devices, sensors, wires and cable.
These products are used primarily in the automotive, computer, consumer electronics, communication equipment, appliance, aerospace and defense, industrial machinery and instrumentation markets.
SAN JOSE – Top tier EMS provider Sanmina-SCI plans to close an electronics factory in Tourlaville, France, in the Normandy region, by March, and lay off more than 300 workers, according to a published report.
The plant was acquired from Alcatel in 2002 and is the firm’s last manufacturing site in France, after closing Grenoble, Isle d'Abeau and Chateaudun sites, Agence France Presse reported.
Sanmina has been slowly consolidating capacity around the globe. Last February it announced the impending close of a factory in Lisburn, Northern Ireland. An assembly plant Fountain, CO, will close by year-end.
The plant was acquired from Alcatel in 2002 and is the firm’s last manufacturing site in France, after closing Grenoble, Isle d'Abeau and Chateaudun sites, Agence France Presse reported.
Sanmina has been slowly consolidating capacity around the globe. Last February it announced the impending close of a factory in Lisburn, Northern Ireland. An assembly plant Fountain, CO, will close by year-end.
SAN JOSE – Worldwide semiconductor manufacturing equipment billings reached $11.13 billion in the third quarter, up 1% sequentially year-over-year, the trade group SEMI said.
BILLERICA, MA – Avici Systems has announced Labman One will provide depot repair and laboratory management services for Avici’s router business.
Labman One, in turn, will work with EMS firm Lightspeed Manufacturing to perform all component replacement and repair work for Avici.
“We have used Lightspeed for many years for everything from 1700-ball BGA replacements to wire adds,” noted James Loach, president of Labman One.
In February, Avici announced that it would move its operations from core router development to focus on its new business initiative, Soapstone Networks.
Avici expects final shipments of its router products by the end of 2007. Avici will continue to service its products under existing contracts.
Labman One, in turn, will work with EMS firm Lightspeed Manufacturing to perform all component replacement and repair work for Avici.
“We have used Lightspeed for many years for everything from 1700-ball BGA replacements to wire adds,” noted James Loach, president of Labman One.
In February, Avici announced that it would move its operations from core router development to focus on its new business initiative, Soapstone Networks.
Avici expects final shipments of its router products by the end of 2007. Avici will continue to service its products under existing contracts.
REDMOND, WA – Data I/O Corp. announced the sale of selected patents and patent applications to Leannoux Properties AG for approximately $3.3 million.
The company expects a net gain of approximately $2.1 million, subject to customary closing conditions.
The proposed patents and applications to be sold relate primarily to technology used in Data I/O's Proline RoadRunner line. The company will retain a nonexclusive, royalty-free license.
The agreement includes customary representations and warranties for a transaction of this nature, including without limitation, representations and warranties regarding authority, title and validity.
The sale does not include technology related to the firm's most recent development programs.
Leannoux Properties is an unrelated party with no other material relationship to Data I/O.
The company expects a net gain of approximately $2.1 million, subject to customary closing conditions.
The proposed patents and applications to be sold relate primarily to technology used in Data I/O's Proline RoadRunner line. The company will retain a nonexclusive, royalty-free license.
The agreement includes customary representations and warranties for a transaction of this nature, including without limitation, representations and warranties regarding authority, title and validity.
The sale does not include technology related to the firm's most recent development programs.
Leannoux Properties is an unrelated party with no other material relationship to Data I/O.
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