Latest News
BANNOCKBURN, IL --Calling the impact of the RoHS Directive "enormous, expensive and burdensome," IPC is
calling for industry resistance to potential additions to the controversial environmental rules.
MACAO, CHINA -- Nam Tai Electronics today announced that Chan Sze (Anthony) Chung has resigned as acting chief financial officer.
M.K. Koo has been appointed as executive chairman and chief financial officer. Koo is a founder of the Nam Tai Group and has served various senior executive positions over the years.
M.K. Koo has been appointed as executive chairman and chief financial officer. Koo is a founder of the Nam Tai Group and has served various senior executive positions over the years.
TAIPEI -- Hon Hai Precision Industry's (Foxconn) 2008 unconsolidated net profit fell 29% even as its unconsolidated revenue rose 19% to an all-time high of nearly NT$1.5 trillion.
For the year ended Dec. 31, the contract electronics assembler reported net profits of NT$55.13 billion ($1.59 billion) on sales of NT$1.47 trillion ($42.3 billion in today's dollars).
For the year ended Dec. 31, the contract electronics assembler reported net profits of NT$55.13 billion ($1.59 billion) on sales of NT$1.47 trillion ($42.3 billion in today's dollars).
OFAKIM, ISRAEL -- Flextronics
has begun layoffs of about 200 employees at its plant here, according to local reports.
KIRKWOOD, NY -- Universal Instruments is laying off about 35 workers from its plant here, according to several reports.
Local television stations are reporting the placement equipment OEM will consolidate its operations in its Conklin headquarters.
Local television stations are reporting the placement equipment OEM will consolidate its operations in its Conklin headquarters.
TORRANCE, CA – Technical Devices Company has acquired all marketing, sales/distribution, and service rights for the AquaTherm batch cleaner and X-Series vertical stencil cleaner from Austin American Technology of Burnet, TX, effective immediately.
Technical Devices is the exclusive North American distributor of these products.
Under the multiyear exclusive distribution agreement, AAT will no longer manufacture batch and stencil cleaning systems for sale to the public.
No financial terms of the agreement were disclosed.
PARIS – A top France administrator has agreed to a set enforcement laws, which include tough sanctions for companies found to commit serious offenses under the REACH regulations.
COLUMBUS, OH --
White Electronic Designs will close its factory here in April and lay off 56 workers as it shifts from consumer to defense products.
ATLANTA – Dan Baldwin, Ph.D., founder of Engent Inc. and president of the Surface Mount Technology Association, will keynote SMTA Atlanta Expo.
His talk, New and Emerging Technologies in Electronics, will detail what’s next in advanced electronics, offering a snapshot of emerging technologies impacting the industry, emerging material technologies, plus an overview of advances in automotive, biomedical electronics, and smart electronics based on MEMS and microsensor technology.
Baldwin has seven US patents, more than 200 scholarly publications, and is an adjunct associate professor of mechanical engineering at the Georgia Institute of Technology.
Atlanta SMTA Expo returns to the Gwinnett Civic Center in Duluth, GA, for its 13th annual event on April 16. This free, one-day event will feature suppliers to the electronics industry displaying products and services for the high-technology and surface-mount markets, as well free technical presentations, networking opportunities, a complimentary lunch sponsored by World Micro Components, and a charity raffle to benefit the Brain Tumor Foundation for Children.
For more information, visit http://www.smta.org/education/vendor_days/vendor_days.cfm#atlanta.
His talk, New and Emerging Technologies in Electronics, will detail what’s next in advanced electronics, offering a snapshot of emerging technologies impacting the industry, emerging material technologies, plus an overview of advances in automotive, biomedical electronics, and smart electronics based on MEMS and microsensor technology.
Baldwin has seven US patents, more than 200 scholarly publications, and is an adjunct associate professor of mechanical engineering at the Georgia Institute of Technology.
Atlanta SMTA Expo returns to the Gwinnett Civic Center in Duluth, GA, for its 13th annual event on April 16. This free, one-day event will feature suppliers to the electronics industry displaying products and services for the high-technology and surface-mount markets, as well free technical presentations, networking opportunities, a complimentary lunch sponsored by World Micro Components, and a charity raffle to benefit the Brain Tumor Foundation for Children.
For more information, visit http://www.smta.org/education/vendor_days/vendor_days.cfm#atlanta.
SIOUX FALLS, SD – EMS provider Electronic Systems Inc. has received its official International Traffic in Arms Regulations registration from the US Department of State, Bureau of Political-Military Affairs.
ITAR regulates the manufacture, export and transfer of defense articles, information, and services. Registration means a firm is positioned to fully support defense-related projects in the US.
ITAR compliance is a key program to support military and homeland security customers. The program enhances existing intellectual property and document control policies and helps protect sensitive products and information.
ITAR is administered by the US Department of State's Directorate of Defense Trade Controls, under authority established by the Arms Export Control Act.
ITAR regulates the manufacture, export and transfer of defense articles, information, and services. Registration means a firm is positioned to fully support defense-related projects in the US.
ITAR compliance is a key program to support military and homeland security customers. The program enhances existing intellectual property and document control policies and helps protect sensitive products and information.
ITAR is administered by the US Department of State's Directorate of Defense Trade Controls, under authority established by the Arms Export Control Act.
EL SEGUNDO, CA – The credit crisis came home to roost for the global PC market in the fourth quarter of 2008, ending a sustained period when sales seemed to defy economic gravity, according to iSuppli Corp.
“Although consumers around the world started to feel the full impact of the credit crisis in the third quarter of 2008, this phenomenon didn’t negatively impact PC sales,” observed Matthew Wilkins, principal analyst for compute platforms at iSuppli.
“However, by the fourth quarter, even the PC market succumbed to economic reality, with shipments declining 1.5% compared to the third quarter.”
Global PC shipments amounted to 77.9 million units for the quarter, down 1.5% sequentially.
“The impact of the credit crunch is clearly apparent in the PC shipments, given that the historical average for sequential fourth-quarter PC growth is in the region of 10%,” Wilkins added. The sequential decline in shipments is a factor of the limited availability of credit, for both businesses and consumers. As a result, the money that is available must be used sparingly, leaving less for PC purchases.”
Despite the lower-than-expected performance of the PC market in the fourth quarter, 2008 shipments yielded impressive growth of 11.6% year-over-year, reaching 299.4 million units. This compares to 12.4% growth in 2007.
The strong rise in 2008 PC shipments was entirely generated by notebook demand, says the firm. Notebook PC unit shipments rose 35% last year, up from 30% the prior year.
Meanwhile, desktop PC shipments declined 4%, compared to 3% growth in 2007.
“In the PC market, mobility is king,” Wilkins said. “This is because the prices, features, performance, and convenience of mobile PCs are striking a chord with both consumer and business users. The results in 2008 illustrate what is likely to happen for years to come: declining sales of desktops and rising volume for notebooks.”
Global notebook PC shipments exceeded those of desktops on a quarterly basis for the first time ever in the third quarter, marking a watershed event in the history of the industry, says iSuppli.
The trend continued in the fourth quarter, with notebook shipments exceeding those of desktops by 3%.
However, for the entire year, desktop shipments exceeded those of notebooks by 9%.
As a result of rapidly changing market conditions, iSuppli has revised its 2009 unit growth forecast to 0.7%, down from 4.3%.
“iSuppli expects an acceleration of the decline in the desktop segment in 2009, along with a reduction of the growth rate in the notebook segment, leading to weak growth for the year,” Wilkins said.
The rankings of the Top 5 PC makers remained the same sequentially in the fourth quarter. Hewlett-Packard retained its No.-1 ranking for the quarter, with shipments of 14.5 million, and a market share of 18.6%. Dell was second with shipments of 10.3 million, giving the company a share of 13.2%. Rounding out the Top 3 was Acer, with an 11.8% share on 9.2 million units shipped. Lenovo and Toshiba ranked fourth and fifth, respectively, with shares of 7.1 and 4.7%.
For 2008, Acer grew much faster than the overall industry, at 57.9%, while the No.-1 and No.-2 ranked PC OEMs – H-P and Dell – experienced growth in line with the overall industry, at 12.9 and 9.5%, respectively.
Outside the Top 10, Asus and Apple both made notable advances, with Asus expanding its shipments 145%, and Apple 30%.
“Although consumers around the world started to feel the full impact of the credit crisis in the third quarter of 2008, this phenomenon didn’t negatively impact PC sales,” observed Matthew Wilkins, principal analyst for compute platforms at iSuppli.
“However, by the fourth quarter, even the PC market succumbed to economic reality, with shipments declining 1.5% compared to the third quarter.”
Global PC shipments amounted to 77.9 million units for the quarter, down 1.5% sequentially.
“The impact of the credit crunch is clearly apparent in the PC shipments, given that the historical average for sequential fourth-quarter PC growth is in the region of 10%,” Wilkins added. The sequential decline in shipments is a factor of the limited availability of credit, for both businesses and consumers. As a result, the money that is available must be used sparingly, leaving less for PC purchases.”
Despite the lower-than-expected performance of the PC market in the fourth quarter, 2008 shipments yielded impressive growth of 11.6% year-over-year, reaching 299.4 million units. This compares to 12.4% growth in 2007.
The strong rise in 2008 PC shipments was entirely generated by notebook demand, says the firm. Notebook PC unit shipments rose 35% last year, up from 30% the prior year.
Meanwhile, desktop PC shipments declined 4%, compared to 3% growth in 2007.
“In the PC market, mobility is king,” Wilkins said. “This is because the prices, features, performance, and convenience of mobile PCs are striking a chord with both consumer and business users. The results in 2008 illustrate what is likely to happen for years to come: declining sales of desktops and rising volume for notebooks.”
Global notebook PC shipments exceeded those of desktops on a quarterly basis for the first time ever in the third quarter, marking a watershed event in the history of the industry, says iSuppli.
The trend continued in the fourth quarter, with notebook shipments exceeding those of desktops by 3%.
However, for the entire year, desktop shipments exceeded those of notebooks by 9%.
As a result of rapidly changing market conditions, iSuppli has revised its 2009 unit growth forecast to 0.7%, down from 4.3%.
“iSuppli expects an acceleration of the decline in the desktop segment in 2009, along with a reduction of the growth rate in the notebook segment, leading to weak growth for the year,” Wilkins said.
The rankings of the Top 5 PC makers remained the same sequentially in the fourth quarter. Hewlett-Packard retained its No.-1 ranking for the quarter, with shipments of 14.5 million, and a market share of 18.6%. Dell was second with shipments of 10.3 million, giving the company a share of 13.2%. Rounding out the Top 3 was Acer, with an 11.8% share on 9.2 million units shipped. Lenovo and Toshiba ranked fourth and fifth, respectively, with shares of 7.1 and 4.7%.
For 2008, Acer grew much faster than the overall industry, at 57.9%, while the No.-1 and No.-2 ranked PC OEMs – H-P and Dell – experienced growth in line with the overall industry, at 12.9 and 9.5%, respectively.
Outside the Top 10, Asus and Apple both made notable advances, with Asus expanding its shipments 145%, and Apple 30%.
REDMOND, WA – Data I/O Corp., provider of manual and automated device programming systems, reported fourth-quarter 2008 revenues of $5.6 million, down 27.3% year-over-year.
Net income was $78,000, compared with net income of $1.09 million in the same quarter of 2007. This includes a restructuring charge primarily related to severance of $535,000.
For full-year 2008, revenues were $27.6 million, up 2.9% year-over-year. Net income was $5.13 million, up 83.8% compared to 2007.
Fred Hume, president and CEO, said, “We had success in acquiring new customers and had strong orders from European customers. During the fourth quarter, we also took action to further reduce our operating expense to bring our estimated revenue breakeven under $5 million per quarter, while increasing our cash reserves to $13.3 million."
Net income was $78,000, compared with net income of $1.09 million in the same quarter of 2007. This includes a restructuring charge primarily related to severance of $535,000.
For full-year 2008, revenues were $27.6 million, up 2.9% year-over-year. Net income was $5.13 million, up 83.8% compared to 2007.
Fred Hume, president and CEO, said, “We had success in acquiring new customers and had strong orders from European customers. During the fourth quarter, we also took action to further reduce our operating expense to bring our estimated revenue breakeven under $5 million per quarter, while increasing our cash reserves to $13.3 million."
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