Latest News
TAIPEI -- Foxconn will invest a reported $1 billion in a new production facility in Chengdu, China, the company said.
SAN JOSE – The president of Kyocera Solar will keynote an upcoming Microelectronics Packaging and Test Engineering Council symposium on the merger of solar and semiconductor technologies.
Steve Hill will present Creating New Markets: A Global Solar Outlook on Nov. 19 in San Jose.
Other sessions at Semiconductor to Solar: Growth Opportunities for the IC Industry include a photovoltaic industry overview and current trends; enabling technologies; manufacturing challenges and processing for solar photovoltaic, and future trends and opportunities for the IC industry.
To register, visit www.meptec.org.
HONG KONG – Flextronics International reportedly will hire more than 6,000 temporary workers in China this month as a result of rising demands.
The firm also plans to hire 1,000 more in time for Christmas, according to published reports.
Demand is said to be coming from every segment of the group.
DRONTEN, THE NETHERLANDS – Totech Super Dry has opened a factory in The Netherlands.
Sales growth fueled by increasing awareness in the Americas of MSD handling concerns triggered the move, the firm says.
Totech EU was launched five years ago as a distribution and technical support channel.
Totech is a manufacturer of ultra-low humidity drying and storage cabinets.
WASHINGTON -- Inventory levels among US companies fell 1.5% in August, while sales rose 1.1%, the US Commerce Department said today.
ARLINGTON, VA -- Worldwide electronic component orders for September continued a climb that began in August, while the 12-month average remained flat, according to the monthly index compiled by the Electronic Components Association.
PENANG – Kyzen has announced plans to add an applications laboratory at its Penang sales and support office.
The firm’s fourth application lab will include a broad range of cleaning equipment and cleaning evaluation devices to provide real-time results for customers while they design cleaning processes.
The laboratory currently is in the design stage.
TOKYO – Juki Corp. updated its forecast for its fiscal first half of 2009, predicting net sales of $275.3 million. The figure would be down 49% compared to 2008.
The net loss is expected to be nearly $87 million, compared to a net loss of $5.8 million during the same period last year.
Full fiscal 2009 net sales are expected to be $702.3 million, down 19.1% year-over-year. The net loss is forecast to be $103.7 million, compared to a net loss of $104.2 million in 2008.
Juki notes its current financial situation is influenced by the worldwide economic recession; business is falling short of its original projections.
The market for pick-and-place equipment hit bottom in the first quarter, the firm says, and the severe situation is continuing.
SAN JOSE – Cisco awarded Flextronics the 2009 EMS Partner Operational Excellence and B2B Collaboration awards.
The awards recognize Flextronics as the EMS partner that has delivered the strongest performance in demonstrating end-to-end operational excellence, and for going beyond expectations to implement a B2B program, process or initiative.
The awards were presented during Cisco's 18th annual supplier appreciation event on Sept. 30 in San Jose.
STAMFORD, CT — The electronics equipment industry recovery is underway, but uncertainty swirls thanks to the macroeconomic recovery and the effectiveness of government stimulus packages, especially when that stimulus runs out, a leading research firm says.
