caLogo

Latest News

BALTIMORE, MD – View Systems Inc., homeland defense solutions provider, has agreed to merge with Wytan.
 
Wytan is a Golden, CO-based EMS firm specializing in surface mount, ball grid array, micro BGA, chip scale packages and flip chip. 

Principals from both companies are discussing the merger process. No financial terms have been disclosed.
BANNOCKBURN, IL – North American PWB shipments in October dropped 4.8% year-over-year; orders decreased 14.6% compared to the same month in 2007, says IPC.

Read more ...
PENANG, MALAYSIA – Several companies are taking steps ranging from freezing hiring to shortening their working weeks in response to lower demand for electronics, local officials say.

Agilent Technologies and Jabil Circuit will close their factories in Bayan Lepas between Christmas and New Year, Federation of Malaysian Manufacturers northern branch chairman Datuk O.K. Lee said, according to published reports. Others are reducing their workweek from five days to four.

Read more ...

ST. PETERSBURG – Workforce reductions will hit Jabil Circuit’s headquarters next month as the Top Tier EMS firm will axe some 150 employees, or roughly 7.5% of the site’s staff, a local paper is reporting.

Read more ...
NEW YORK -- Alcatel-Lucent is pulling most of its production now outsourced to Celestica, Flextronics and Sanmina-SCI back in house, Credit Suisse analysts are reporting.

The move will take nearly $2 billion out of the hands of the major contract assemblers. Instead, production will take place at Alcatel Shanghai Bell. Read more ...
JASPER, IN – The economic decline will shakeup the OEM programs sought by EMS companies, Kimball International's top executive said.

"The financial crisis and the economic slowdown will cause those companies larger than we are to push down and to try to serve our space. It will bring more margin pressure in our markets," Kimball president and chief executive Jim Thyen said on the company's quarterly conference call with analysts.

Read more ...
Isola and ITEQ Settle Patent DisputeCHANDLER, AZ -- Isola Group SARL, a top supplier of printed circuit board laminates, today announced a settlement in its patent dispute with Iteq Corp.

Under terms of the agreement, Iteq shall not make, use, sell, offer for sale, or distribute its product 200DK or any other products that fall within the scope of any claims of the R.O.C. invention patent Nos. 142122 and 123529 and US Patent Nos. 6,187,852, 6,322,885 and 6,509,414 anywhere in the world. 

Iteq further admits the validity and enforceability of the patents at issue, Isola said.

Financial details of the agreement will not be disclosed, Isola said.

Isola is one of the world's three largest suppliers of laminates and other base materials.

VANCOUVER, BC – Northstar Electronics reported third-quarter revenues fell 1.2% to $676,149 versus last year. The net loss widened 638% to $332,604 on program certification startup costs.

Year-to-date revenues are up 26% to $1.7 million, although the net loss has widened 120% to $1 million. 

Read more ...

TIJUANA, MEXICO -- Samsung's television manufacturing plant here is running on a full schedule again after closing for two days to rebalance inventories. 

Samsung, the world's largest TV maker, said the site went to a four-day week temporarily after Circuit City, a large customer, declared bankruptcy.

Reports claim Samsung is considering similar moves at its South Korea factories during the week following Christmas. 

GREENVILLE, WI – EMS provider Plexus Corp. bought a facility in Greenville, WI from Neenah Paper for $7.5 million, say published reports.
 
The 200,000 sq. ft. facility, formerly owned by Fox River Paper Co., had been vacant about six months.
 
Neenah Paper acquired the 15-year-old facility when it closed its $52 million deal for Fox Valley Corp. in March 2007.
EL SEGUNDO, CA – Amid rapidly deteriorating conditions in the global economy and financial system, iSuppli Corp. has slashed its 2009 forecast for PC unit shipments nearly two-thirds.
  Read more ...
SPOKANE, WAACE Production Technologies has invested in a selective soldering process development laboratory here.
 
The lab is equipped with the latest soldering equipment and process development tools, thermal sensors and monitors. It contains traveling mini-wave systems, solder fountains, spray and drop-jet fluxing systems, the LTS 200 lead tinning system and a nitrogen generator. It is also equipped with x-ray equipment and solderability and cleanliness test systems.
 
Process development services are provided at no cost to new customers, and ongoing development services are negotiated on an as-required basis.
 
The firm says it has sold more than 300 systems during the past few years.

Page 869 of 955

Don't have an account yet? Register Now!

Sign in to your account