Circuits Assembly Online Magazine - News

Latest News

STAMFORD, CT — Worldwide semiconductor capital equipment spending is projected to reach $35.4 billion in 2010, a 113.2% sequential increase according to Gartner.

TAIPEI – Hon Hai Precision Industry (Foxconn) reported May sales rose 78.1% to NT$163.2 billion (US$5.02 billion) on high demand for consumer electronics, handsets and PCs.

TAMPA, FL -- Bulova Technologies continues to search for a buyer for its contract manufacturing unit even in the wake of several new contracts.

FRANKFURT -- The German market for OEM assembly and electronics manufacturing services is expected to grow nearly 15% to 23.6 billion euros this year, a local trade group said.

SAN JOSE – The Semiconductor Industry Association today upped its worldwide chip sales forecast, saying the market will grow 28.4% to $290.5 billion in 2010.

BANNOCKBURN, IL – IPC has revised its standard for power conversion devices, offering expanded guidance for design qualification testing and new coverage of moisture sensitivity levels and corrosion.

HELSINKI -- The parent company of top 40 EMS firm Scanfil has acquired a 40% stake in Panphonics, a leading provider of directional audio solutions.

Tampere, Finland-based Panphonics manufactures high-end speakers.

It is not clear whether Scanfil EMS, which specializes in telecom and industrial products, will directly benefit from the acquisition.

TAIPEI -- Top 20 contract assembler Universal Scientific Industrial reported May revenues rose 21% from a year ago to NT$4.88 billion ($151 million).

NEENAH, WI -- Plexus is building a design center in Germany, with an expected completion date in the December quarter.

SAN JOSE – First-quarter global semiconductor equipment orders reached $9.41 billion, up 484% year-over-year, and up 28% compared to the fourth quarter of 2009, SEMI says.

Semiconductor equipment billings reached $7.46 billion, up 142% year-over-year, and up 32% sequentially.

SEMI gathered the information with the Semiconductor Equipment Association of Japan from more than 120 global equipment firms.

ARLINGTON, VA -- Electronic component orders swung upward again in May, according to the monthly order index compiled by the Electronic Components Association.

BANNOCKBURN, IL – A group of leading solder manufacturers has issued a position statement showing its support for government intervention as a means to stop the flow of controversial metal ores from Congolese mines.