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DUSSELDORF, GERMANY – Henkel’s 2008 adhesive technologies sales rose 17.3% to 6.7 billion euros, boosted by the company’s acquisition of the National Starch businesses. The sector grew 1.3% organically.
MARLBOROUGH, MA – In January, EKRA shipped its 700th screen printer into the Americas, the company says.
EKRA America also announced a successful 2008, which matched 2007, its best year to date.
Headquartered in Marlborough, MA, EKRA America provides screen printing solutions for the SMT, hybrid and semiconductor packaging markets in the Americas.
EKRA America also announced a successful 2008, which matched 2007, its best year to date.
Headquartered in Marlborough, MA, EKRA America provides screen printing solutions for the SMT, hybrid and semiconductor packaging markets in the Americas.
HAMELN, GERMANY -- Orpro Vision today announced an agreement to acquire Orbotech’s assembly inspection business in a deal expected to close in April.
TORONTO -- Celestica became the latest EMS firm to announce a debt reduction plan, announcing last night plans to purchase up to $150 million worth of its 7.875% senior subordinated notes due in 2011. Under the modified Dutch tender offer, Celestica will purchase notes in a range $960 to $1,010 per every $1,000 in principal, with the offer expiring in a month.
Like many of its competitors, Celestica has large amounts of cash on hand and is using some to lower its debt and perhaps boost its earnings. At the end of December, the company had $1.2 billion in cash on its balance sheet, and was in a net cash position of $468 million.
"We believe Celestica is looking for a way to return value to shareholders through repurchasing its near-term debt," Deustche Bank analyst Sherri Scribner wrote in a research note. She estimates Celestica's buyback will reduce debt levels and lower its interest expense by roughly $10.5 million a year.
Like many of its competitors, Celestica has large amounts of cash on hand and is using some to lower its debt and perhaps boost its earnings. At the end of December, the company had $1.2 billion in cash on its balance sheet, and was in a net cash position of $468 million.
"We believe Celestica is looking for a way to return value to shareholders through repurchasing its near-term debt," Deustche Bank analyst Sherri Scribner wrote in a research note. She estimates Celestica's buyback will reduce debt levels and lower its interest expense by roughly $10.5 million a year.
SACRAMENTO, CA -- The state of California sent a stern message to semiconductor chip manufacturers yesterday by enacting mandatory rules controlling greenhouse gases.
SMYRNA, GA -- More than 2,000 PCB
designers, fabricators and assemblers registered for Virtual PCB (www.virtual-pcb.com), the industry's only
virtual trade show and conference, which took place this week.
The live event was held Feb. 24-25, and the show will remain open in an archive mode for two months.
Exhibitors include several leading suppliers of placement, soldering and test equipment, materials, software, and bare boards. The technical conference includes Webinars on design, simulation, soldering, lead-free assembly, and environmental issues from well-known industry experts.
New this year were technical chats featuring experts on subjects ranging from CAD and MCAD software to laminates, and from assembly process defect solutions to the potential of alternative energy platforms for SMT manufacturers.
“We found the technical conference to be a huge draw, with some Webinars attracting several hundred attendees, which simple logistics would prevent at the industry’s ‘live’ events,” said Mike Buetow, editor in chief of Circuits Assembly, which cosponsored Virtual PCB.
A fully interactive, Web-based event, Virtual PCB incorporates all the critical features of a live event while allowing PCB design, fabrication and assembly equipment and materials buyers and sellers to interact online.
For more information about Virtual PCB, visit www.virtual-pcb.com or contact Alyson Skarbek, show manager, at 678-589-8865 or askarbek@upmediagroup.com.
Virtual PCB is produced by UP Media Group, the industry’s leading publisher of technical magazines.
The live event was held Feb. 24-25, and the show will remain open in an archive mode for two months.
Exhibitors include several leading suppliers of placement, soldering and test equipment, materials, software, and bare boards. The technical conference includes Webinars on design, simulation, soldering, lead-free assembly, and environmental issues from well-known industry experts.
New this year were technical chats featuring experts on subjects ranging from CAD and MCAD software to laminates, and from assembly process defect solutions to the potential of alternative energy platforms for SMT manufacturers.
“We found the technical conference to be a huge draw, with some Webinars attracting several hundred attendees, which simple logistics would prevent at the industry’s ‘live’ events,” said Mike Buetow, editor in chief of Circuits Assembly, which cosponsored Virtual PCB.
A fully interactive, Web-based event, Virtual PCB incorporates all the critical features of a live event while allowing PCB design, fabrication and assembly equipment and materials buyers and sellers to interact online.
For more information about Virtual PCB, visit www.virtual-pcb.com or contact Alyson Skarbek, show manager, at 678-589-8865 or askarbek@upmediagroup.com.
Virtual PCB is produced by UP Media Group, the industry’s leading publisher of technical magazines.
BANNOCKBURN, IL – January PWB shipments fell 17% year-over-year, and bookings decreased 29.3%. The combined industry book-to-bill fell to 0.89, says IPC.
For the month, rigid shipments dropped 18.9%, and bookings dipped 30.7% compared to the same month last year. The book-to-bill slipped further to 0.88.
Flex shipments rose 16.6%, while bookings slid 1.8% year-over-year. The book-to-bill declined to 0.98.
“Sales and orders of rigid PCBs declined sharply in January compared to January 2008, but flexible circuit sales were surprisingly strong,” said IPC. “The industry has not hit the bottom yet, but we will continue to watch the leading indicators, such as our book-to-bill ratio, for signs of an upturn.”
Rigid PCBs represent an estimated 90% of the current PCB industry in North America, according to IPC. In January, 90% of total PCB shipments reported were domestically produced.
For the month, flex circuit manufacturers indicated bare circuits accounted for about 71% of their shipment value.
For the month, rigid shipments dropped 18.9%, and bookings dipped 30.7% compared to the same month last year. The book-to-bill slipped further to 0.88.
Flex shipments rose 16.6%, while bookings slid 1.8% year-over-year. The book-to-bill declined to 0.98.
“Sales and orders of rigid PCBs declined sharply in January compared to January 2008, but flexible circuit sales were surprisingly strong,” said IPC. “The industry has not hit the bottom yet, but we will continue to watch the leading indicators, such as our book-to-bill ratio, for signs of an upturn.”
Rigid PCBs represent an estimated 90% of the current PCB industry in North America, according to IPC. In January, 90% of total PCB shipments reported were domestically produced.
For the month, flex circuit manufacturers indicated bare circuits accounted for about 71% of their shipment value.
SAN FRANCISCO -- Intel Corp. chief executive Paul Otellini offered a few words of encouragement to a battered market, saying the world's largest chipmaker is seeing
"a pattern of purchases emerge again that's more predictable."
MUNICH — Demand for semiconductors used in vehicles and related gear will drop 25% from its peak of $20 billion last year, a new research report asserts.
It will take until 2013 for market revenues to rebound past $20 billion, research firm Databeans adds. The market will grow at a CAGR of 8.5% through 2014, reaching $22.5 billion, the firm forecasts.
It will take until 2013 for market revenues to rebound past $20 billion, research firm Databeans adds. The market will grow at a CAGR of 8.5% through 2014, reaching $22.5 billion, the firm forecasts.
A drop in demand for autos will be partially offset by higher electronics content in each new vehicle. The average value of electronics content will rise to 14.8% by 2012, up from 13% today, boosted by telematics, infotainment and safety applications, and environmental regulation compliance.
SINGAPORE -- Singapore's electronics output plunged 43.1% year-over-year in January, the government said today.
Exports fell 35% for the month, the Economic Development Board said.
The drop in electronics production pulled the overall manufacturing output down 29.1% the EBD said.
Manufacturing accounts for about 25% of the nation's economy, and most of its manufactured products are exported.
LONGMONT, CO -- EMS firm Premier Manufacturing and Supply Chain Services tomorrow will hold an open house for its expanded and remodeled plant here.
The open house takes place at 1 p.m.
The 10-years-old company operates from a 22,000 sq. ft. plant, in which it has three SMT lines. It assembles boards for medical, computers and peripherals, industrial and telecom applications.
The open house takes place at 1 p.m.
The 10-years-old company operates from a 22,000 sq. ft. plant, in which it has three SMT lines. It assembles boards for medical, computers and peripherals, industrial and telecom applications.
HELSINKI – Incap Group reported 2008 revenues rose 13% to 93.9 million euros, but the net loss increased 390% to 5.4 million euros.
The operating loss was 3.6 million euros, lowered by 1.8 million in one-time charges related to restructurings.
The operating loss was 3.6 million euros, lowered by 1.8 million in one-time charges related to restructurings.
It is not clear what percent of sales stem from contract electronics assembly services, but it is generally considered to be a large percentage of the overall revenue. The company's Incap Contract Manufacturing Services subsidiary, the former TVS Electronics, was acquired in June 2007.
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