Circuits Assembly Online Magazine - News

Latest News

ARLINGTON, VA – Electronics component orders bounced back slightly in March from lows in the first two months of the year, according to the monthly index compiled by the Electronic Components Association.

SZEKESFEHERVAR, HUNGARY -- Videoton Holding is forecasting revenues to drop more than 20% this year.

Videoton, the largest EMS firm in Hungary and the 27th largest worldwide, according to the CIRCUITS ASSEMBLY Top 50, said volumes would fall 30 to 40% for the year.

It has trimmed its employment rolls by 800 in the past year and is contemplating more cuts, according to reports.

Videoton's sales are largely derived from automotive (50%), household appliances (20%) and industrial electronics (10%).

TAIPEI – Almost every major Taiwanese electronics maker reported month-on-month gains in March.

FT. WORTH, TX -- Foxconn's new manufacturing plant here will build PCs for Nokia, according to several published reports.

JUAREZ, MEXICO -- A 900,000-square-foot building partially occupied by Foxconn was destroyed in a fire this week.

ST. PETERSBURG, FL – Verigy Ltd. has restructured its global manufacturing services deal with Jabil Circuit to include a three-year program under which Jabil will design, build and ship semiconductor test gear.

BURLINGTON, VT – There are few surprises on the list of the largest 10 EMS companies published today by Manufacturing Market Insider.

TORONTO -- Top 50 EMS firm SMTC reported sales fell 5% year-over-year for the fiscal year ended Jan. 4.

STAMFORD, CT -- Worldwide semiconductor revenues dropped 5.4% to $255 billion in 2008, sunk by a severe fourth-quarter slump, a leading research firm said today.

EL SEGUNDO, CA – Prices for LCD monitor panels are rising, despite the weak economic situation and cuts in consumer spending, according to iSuppli Corp.