News
STAMFORD, CT – Total electronic equipment production in India is expected to reach $32 billion in 2011, Gartner Inc. said on Thursday.
In 2006, electronic production in India was $14 billion, the research firm said in a statement.
And semiconductor consumption in the region is expected to more than double to $7.2 billion, Gartner added.
Consumer electronics was the dominant segment last year in terms of production with 39% market share driven by demand for televisions, and audio and video equipment.
Electronics for communication and data processing was next in demand, with 38% and 12% respectively of the overall Indian market, the firm said.
FOSTER CITY, CA – Arena Solutions, provider of on-demand product lifecycle management software, today announced a 40% year-over-year increase in sales for the second quarter.
The company reported strong sales in electronics and medical devices, and robust growth in adoption among its base of automotive supply chain customers.
Enterprises that chose Arena PLM include MathStar; Young Electric Sign Company, and Chatsworth Products Inc.
For the quarter, Arena surpassed its SLA and maintained 99.99% availability for Arena PLM.
Arena also reported that Paul Patterson joined the company as vice president of sales.
HOUSTON – BPM Microsystems announced it has shipped the first units of its Flashstream device programmer, after introducing it in April and accepting orders in May.
The flash vector programmer has reported speeds as low as 2.5% over theoretical programming minimum. It programs NAND and NOR Flash up to 32 Gb and has upgradeable RAM. It comes standard with 4191Mb (32.7 Gb) memory per site.
The flash vector programmer has reported speeds as low as 2.5% over theoretical programming minimum. It programs NAND and NOR Flash up to 32 Gb and has upgradeable RAM. It comes standard with 4191Mb (32.7 Gb) memory per site.
JASPER, IN — Kimball International reported fiscal fourth-quarter sales rose 3% to $338.3 million.
LOUISVILLE, KY — Sypris Solutions today reported a net loss of $2.3 million on revenue of $116.2 million for its second quarter ended July 1, in line with company expectations. The loss includes $700,000 in legal and other expenses related to the bankruptcy of a large customer.
SHENZHEN – DEK says its latest manufacturing facility, opening in Shenzhen this month, is expected to account for half its worldwide production by the end of this year.
The facility, part of DEK’s ongoing capacity expansion program designed to support customers in Asia, will at first focus on producing entry-level and medium-range printer platforms.
“China is an extremely important Asian market for DEK, which is why we believe that the opening of the new Shenzhen manufacturing facility is such a positive step,” said CEO John Hartner in a statement.
The company will hold an opening ceremony Aug. 27, with local government officials, international media, and Asian customers and suppliers invited.
The facility, part of DEK’s ongoing capacity expansion program designed to support customers in Asia, will at first focus on producing entry-level and medium-range printer platforms.
“China is an extremely important Asian market for DEK, which is why we believe that the opening of the new Shenzhen manufacturing facility is such a positive step,” said CEO John Hartner in a statement.
The company will hold an opening ceremony Aug. 27, with local government officials, international media, and Asian customers and suppliers invited.
Those who would like to attend the Shenzhen opening may contact Louise Fang at lfang@dek.com.
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