STAMFORD, CT -- Gartner today lowered its worldwide semiconductor revenue forecast to $354 billion for 2015, down 1.4 percentage points from last quarter's outlook.
ESPOO, FINLAND -- A collaboration of European companies and research institutes has developed a cloud-based, customizable, modular software platform for improving the sustainability performance of industrial products by lowering production costs and reducing emissions.
MISSISSAUGA, ON – Some 330 staff at Honeywell Aerospace will now wear Celestica badges after Honeywell subcontracted management of several product lines at its plant here to the EMS company.
TORONTO -- Celestica said first-quarter revenue was $1.299 billion, down 1% year-over-year.
SAN JOSE, CA – Sanmina reported fiscal second quarter revenue ended Mar. 28 of $1.53 billion, up 3.4% year-over-year and down 8.4% sequentially.
HOUSTON – A 24-count indictment has been unsealed charging four corporations and five individuals with facilitating the illegal export of high-tech microelectronics, uninterruptible power supplies and other commodities to Iran in violation of the International Emergency Economic Powers Act.
TORONTO -- Celestica has reached a $30 million settlement with shareholders over alleged securities fraud.
SON, THE NETHERLANDS – Neways Electronics recorded first quarter revenue of $103.3 million, up 41% year-over-year.
WASHINGTON – The Semiconductor Industry Association today applauded a bipartisan bill that gives US negotiators the authority to finalize trade agreements.
RAMBOUILLET, FRANCE – Viapaq Group has acquired Tepcomp, an EMS firm with production sites in Finland and Estonia. No financial terms were disclosed.
ESPOO, FINLAND -- Finnish research organization VTT has developed a method for printing memory circuits directly on various substrates such as consumer packaging, and is seeking partners to commercialize the invention.
ROTHERHAM, UK – Two managers of Purex Fume Extraction Systems have completed a management buyout of the firm.