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TIANJIN, CHINA – The three-day Bohai Electronics Week attracted a reported almost 4,000 visitors, show organizers said.
More than 700 delegations from 25 electronics manufacturing companies visited the Tianjin International Exhibition Centre, including Fujitsu, Motorola, Samsung Electro-Mechanics, said Reed Exhibitions.
Panasonic Corporate launched a soldering machine at the show. Other manufacturers to showcase their latest technologies included Folungwin, Unicomp, Techwin, Shimadzu, A&P, Autoveyor, Ellsworth, Evest, Mirae, Mirtec, Musashi, Nihon Superior, Toshiba, Tronic and more.
“We introduced new products at BEW and reached our promotional goals. We also established more contacts through BEW. Nihon Superior will exhibit at BEW 2010,” Takashi Fujimoto, managing director of Nihon Superior, said.
In conjunction with the show, SMTA held a conference covering Pb-free alloys, antioxidants, and printing and cleanliness requirements.
More than 700 delegations from 25 electronics manufacturing companies visited the Tianjin International Exhibition Centre, including Fujitsu, Motorola, Samsung Electro-Mechanics, said Reed Exhibitions.
Panasonic Corporate launched a soldering machine at the show. Other manufacturers to showcase their latest technologies included Folungwin, Unicomp, Techwin, Shimadzu, A&P, Autoveyor, Ellsworth, Evest, Mirae, Mirtec, Musashi, Nihon Superior, Toshiba, Tronic and more.
“We introduced new products at BEW and reached our promotional goals. We also established more contacts through BEW. Nihon Superior will exhibit at BEW 2010,” Takashi Fujimoto, managing director of Nihon Superior, said.
In conjunction with the show, SMTA held a conference covering Pb-free alloys, antioxidants, and printing and cleanliness requirements.
TAIPEI – EMS provider Sinbon Electronics reported November consolidated revenues of NT$512 million ($15.4 million), down 33% sequentially and 37% year-over-year.
SHENZHEN – MatriX Technologies, a manufacturer of high-speed x-ray systems, has opened a subsidiary here.
The Dachau, Germany-based company is also intensifying its activities in the NDT area of automatic material analysis for casting parts, said to appeal to the Asian automotive industry.
“The majority of MatriX AXI installations are globally operating clients who typically have increasing manufacturing sites in Asia,” said Eckhard Sperschneider, managing director for MatriX.
Howard Zhou Jianquan heads the recently opened sales and service office in Shenzhen.
The Dachau, Germany-based company is also intensifying its activities in the NDT area of automatic material analysis for casting parts, said to appeal to the Asian automotive industry.
“The majority of MatriX AXI installations are globally operating clients who typically have increasing manufacturing sites in Asia,” said Eckhard Sperschneider, managing director for MatriX.
Howard Zhou Jianquan heads the recently opened sales and service office in Shenzhen.
STAMFORD, CT – Worldwide semiconductor revenue was $261.9 billion in 2008, down 4.4% year-over-year, according to preliminary results from Gartner Inc.
"In the last quarter of 2008, market conditions deteriorated significantly, and as the fourth quarter has progressed, many vendors have issued updated guidance for the quarter, reflecting weakening market conditions," said Andrew Norwood, research vice president at Gartner. "Unfortunately for vendors, 2009 is going to be considerably worse. Some have compared the precipitous decline in semiconductor demand to that of the 2001 ‘dot-com' bubble. However, unlike 2001, this economic downturn is much more broad-based and not limited primarily to the technology sector.
"Given this increased uncertainty, all semiconductor companies should be focused on cash preservation and inventory management," Norwood said. "This is also an excellent opportunity for the larger companies with stronger balance sheets to make strategic acquisitions."
For the 17th consecutive year, Intel held the top spot, increasing its market share to 13.1% this year. When looking at continuing operations, Intel's revenue increased 6.5%, 11 percentage points above the market average.
Qualcomm had the strongest growth rate among the top 10, growing revenues 15% in 2008. Although the first three quarters were strong, the company felt the impact of the economic downturn in the fourth quarter.
Hynix Semiconductor’s revenue fell 29.7%, the most of any of the top 10 semiconductor vendors. This decline is attributed to the price drop of DRAM and NAND.
Infineon Technologies struggled this year as well. "Infineon had a tough year, as its memory subsidiary, Qimonda, which it is looking to divest, is becoming marginalized within the DRAM industry," Norwood said.
BARCELONA – Essemtec Switzerland says a distribution contract for Spain has been signed with TCH, Technology & Chemical, S. L, Cadiz and Barcelona, Spain.
Essemtec says it needed a second Spanish distribution partner, in addition to Maquinaria Suiza. Essemtec will build a local service and support organization with the local firm.
TCH offers sales and support for all Essemtec entry-level machines for prototyping and small volumes. The equipment covers prototyping up to low-volume production. Their engineers can offer both machine and process training.
TCH has many years’ experience supplying production materials in Spain.
TAIPEI -- Foxconn Electronics reported November revenues rose 1% year-over-year to NT$134.9 billion (US$4.05 billion). Sales were down 20% from October, however.
The EMS/ODM company's year-to-date revenues hit NT$1.35 billion ($40.6 billion), up 24.22% year-over-year.
LUXEMBOURG – Top tier EMS firm Elcoteq has scheduled a round of statutory cooperation procedure talks in Finland.
"The company estimates that the need for possible personnel reductions in Finland could apply to at most about 50 people across all employee categories," the company said in a statement.
The news comes on the heels of an announcement of the shuttering of the company's manufacturing plant in Salo, Finland. That move cost 36 employees their jobs.
Elcoteq currently has roughly 21,000 employees worldwide, approximately 180 in Finland.
ARLINGTON, VA – Electronic component orders took a dip in November, although not nearly as drastic as the one in September, says the Electronic Components Association. The 12-month average, comparing this year’s results to those from 2007, continued the slight descent that began this summer.
HIALEAH, FL -- Simclar Inc. intends to voluntarily delist its common shares from the Nasdaq Capital Market and voluntarily deregister its common shares by Dec. 19 and cease filing reports with the Securities and Exchange Commission, the EMS company said today.
The company, a 73.4% owned subsidiary of privately held Simclar Group Ltd., said the costs of its Nasdaq listing and SEC compliance is "substantial" and the benefits "intangible."
The company, a 73.4% owned subsidiary of privately held Simclar Group Ltd., said the costs of its Nasdaq listing and SEC compliance is "substantial" and the benefits "intangible."
CAMBRIDGE, MA -- Forrester Research lowered its 2009 US IT spending forecast
to 1.6%,
on slower demand for computers. The research group previously guided for 6.1% growth next year. It marks the fourth time in 10 months the firm has reduced its 2009 outlook.
NEW YORK -- Deutsche Bank Equity Research today cut its 2009 EMS industry revenue outlook to a 7% drop.
BREDA, HOLLAND – Cobar Europe recognized its top sales performers for 2008.
The Sales Team of the Year was awarded to PEM Technologies, manufacturer’s representatives for South Africa since November 2007.
Sales Person of the Year was awarded to Jerzy Ziolkowski of C.H. Erbslöh, representatives for Poland. In 2004, Erbslöh Poland won the sales team award.
Cobar Europe, part of the Balver Zinn Group, supplies solder, paste, fluxes and related materials.
The Sales Team of the Year was awarded to PEM Technologies, manufacturer’s representatives for South Africa since November 2007.
Sales Person of the Year was awarded to Jerzy Ziolkowski of C.H. Erbslöh, representatives for Poland. In 2004, Erbslöh Poland won the sales team award.
Cobar Europe, part of the Balver Zinn Group, supplies solder, paste, fluxes and related materials.
