News
IRVING, TX – EMS firm Elcoteq will take over supply-chain management for Andrew Corp.'s filter business in Europe, a deal worth an estimated $100 million in net sales next year, Elcoteq said. Elcoteq will also pay $12 million for Andrew's manufacturing unit in Arad, Romania.
OTTAWA, IL – B&B Electronics, a provider of automation and communications products, has acquired Advanced Embedded Systems, a designer and developer of wireless solutions for the industrial market. Other terms were not disclosed.
AES will become part of B&B's engineering and technical group in Ottawa, IL. The acquisition provides B&B with in-house wireless design expertise, enhancing the company's research and development capabilities.
AES was founded in 2000 and is based in Phoenix.
AES will become part of B&B's engineering and technical group in Ottawa, IL. The acquisition provides B&B with in-house wireless design expertise, enhancing the company's research and development capabilities.
AES was founded in 2000 and is based in Phoenix.
EL SEGUNDO, CA -- Inventory at EMS providers rose 18.6% during the second quarter across a sample of publicly traded EMS companies, according to research firm iSuppli.
Circuits Assembly’s own research of 18 North American EMS firms found just two companies saw year-over-year revenues climb faster than inventories during their most recently reported quarter: SigmaTron (52.35% and 45.56%, respectively) and Winland Electronics (49.5% and 48.7%, respectively). Only one company, Suntron, actually saw stock levels drop, but revenues there fell 4%.
Circuits Assembly’s own research of 18 North American EMS firms found just two companies saw year-over-year revenues climb faster than inventories during their most recently reported quarter: SigmaTron (52.35% and 45.56%, respectively) and Winland Electronics (49.5% and 48.7%, respectively). Only one company, Suntron, actually saw stock levels drop, but revenues there fell 4%.
CUPERTINO, CA -- Apple's forthcoming iTV and refreshed line of iPod digital music players is putting the company in position to offer an integrated download and
playback platform for the home.
"We believe this represents a substantial new market opportunity and will support strong growth into 2007," said analyst Chris Whitmore of Deutsche Bank in a research note issued today.
"We believe this represents a substantial new market opportunity and will support strong growth into 2007," said analyst Chris Whitmore of Deutsche Bank in a research note issued today.
ELK GROVE VILLAGE, IL -- Electronic manufacturing services provider SigmaTron International today reported revenues rose 73% to $36.9 million during the quarter ended July 31, on demand for appliances, industrial electronics, life sciences and
gaming gear. Net income
rose 57% to $258,670 versus a year ago.
WASHINGTON -- The Congressional E-Waste Working Group today brought together the nation's largest e-waste stakeholders in hopes of developing a solution to disposing of the 100 million electronics devices that are rendered obsolete each year.
The participants -- electronics manufacturers and retailers, recyclers, environmental groups and state officials -- discussed what role the federal government can play to mitigate e-waste's effects and how to distribute responsibility for disposal.
The Working Group, a bipartisan effort, was formed in 2005 to explore options to the problem of e-waste.
In a statement, member Rep. Mike Thompson said, "Rather than having a patchwork of state regulations and individual company policies, a federal solution may be a more effective approach."
Added Rep. Louise Slaughter, "We're coming together to produce clear and consistent e-waste guidelines. Developing a national plan is critical if we want to protect our environment and the vitality of electronics manufacturers. If we don't respond to e-waste now, U.S. businesses will be put at a competitive disadvantage, while the consequences to the environment will grow more severe."
The Government Accountability Office estimates that 100 million electronic devices become obsolete each year. E-waste now accounts for more than 40% of the lead and 70% of the metals in U.S. landfills, the Working Group said.
Represented at today's meeting was Best Buy, Consumer Electronic Association, Consumer Electronics Retailers Coalition, Dell, Electronic Industries Alliance, Electronic Waste Recycling Program - California, Goodwill Industries, H-P, IBM, International Scrap Recycling, Kodak, National Recycling Coalition, Panasonic, Product Stewardship Institute, Washington State Department of Ecology, Silicon Valley Toxics Coalition, Sony Electronics and CTIA, The Wireless Association.
The participants -- electronics manufacturers and retailers, recyclers, environmental groups and state officials -- discussed what role the federal government can play to mitigate e-waste's effects and how to distribute responsibility for disposal.
The Working Group, a bipartisan effort, was formed in 2005 to explore options to the problem of e-waste.
In a statement, member Rep. Mike Thompson said, "Rather than having a patchwork of state regulations and individual company policies, a federal solution may be a more effective approach."
Added Rep. Louise Slaughter, "We're coming together to produce clear and consistent e-waste guidelines. Developing a national plan is critical if we want to protect our environment and the vitality of electronics manufacturers. If we don't respond to e-waste now, U.S. businesses will be put at a competitive disadvantage, while the consequences to the environment will grow more severe."
The Government Accountability Office estimates that 100 million electronic devices become obsolete each year. E-waste now accounts for more than 40% of the lead and 70% of the metals in U.S. landfills, the Working Group said.
Represented at today's meeting was Best Buy, Consumer Electronic Association, Consumer Electronics Retailers Coalition, Dell, Electronic Industries Alliance, Electronic Waste Recycling Program - California, Goodwill Industries, H-P, IBM, International Scrap Recycling, Kodak, National Recycling Coalition, Panasonic, Product Stewardship Institute, Washington State Department of Ecology, Silicon Valley Toxics Coalition, Sony Electronics and CTIA, The Wireless Association.
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