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EL SEGUNDO, CA -- Worldwide semiconductor revenue in the first quarter fell 33.8% year-over-year to $44.3 billion, according to research released yesterday. However, it could mark the bottom of the decline, iSuppli said.
SAN JOSE -- North America-based semiconductor equipment manufacturers reported the 90-day moving average orders rose 16% sequentially in to $288.5 million.
JACKSON, MI -- Sparton Corp. will relocate its headquarters to Schaumburg, IL, in October as part of its corporate restructuring.
SAN JOSE -- The SMTA and MEPTEC are collaborating on the 2009 Medical Electronics Symposia, to be held Sept. 16-17 in Tempe, AZ.
WASHINGTON -- Calling innovation "endangered," the Consumer Electronics Association announced a plan to organize widespread Congressional lobbying to advance the interests of new technology.
TALLINN, ESTONIA -- LM Ericsson will acquire part of Elcoteq's manufacturing operations in Tallinn for EUR 30 million, pending regulator approval, the companies said today.
TOKYO -- Japanese semiconductor equipment makers reported orders jumped 22% in May. It was the third straight month of growth, suggesting demand is returning.
MINNEAPOLIS -- CyberOptics founder and chairman Steven K. Case was killed last night when the small plane he was piloting crashed while trying to land at a suburban Minneapolis airport.
HONG KONG -- Eighty-nine percent of mainland China's electronics component distributors expect revenue to grow in 2009, forecasting an average increase of 13%; while 55% of mainland China electronics manufacturers surveyed said the economic downturn has had little or no impact on their business.
CAMBRIDGE, MA -- A study of stickers peeling from windows could lead to a new way to precisely control the fabrication of stretchable electronics, according to a team of researchers including one at the Massachusetts Institute of Technology.
TOKYO – Shipments of SMT process and assembly equipment fell 81% during the first quarter, according to the Japan trade group that tracks the data.
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