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ESPOO, FINLANDNokia Siemens Networks has agreed to acquire certain assets from Nortel.

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SAN JOSE – With 155 billion ICs produced, the value of the worldwide IC packaging market was $32.7 billion in 2008, reports Electronic Trend Publications.

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BERLIN – The global semiconductor market is expected to decline 21.6% on an annualized basis to $194.8 billion in 2009, according to World Semiconductor Trade Statistics.

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ST. PAUL, MNSUSS MicroTec will distribute 3M’s wafer support system equipment for temporary wafer bonding of ultrathin wafers required for 3-D packaging.

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DUBLIN, IRELAND -- US electronics connector sales reached $4.2 billion in 2008, a new research report claims.

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EL SEGUNDO, CA -- Worldwide semiconductor revenue in the first quarter fell 33.8% year-over-year to $44.3 billion, according to research released yesterday. However, it could mark the bottom of the decline, iSuppli said.

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SAN JOSE -- North America-based semiconductor equipment manufacturers reported the 90-day moving average orders rose 16% sequentially in to $288.5 million.

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JACKSON, MI -- Sparton Corp. will relocate its headquarters to Schaumburg, IL, in October as part of its corporate restructuring.

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SAN JOSE -- The SMTA and MEPTEC are collaborating on the 2009 Medical Electronics Symposia, to be held Sept. 16-17 in Tempe, AZ. 

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WASHINGTON -- Calling innovation "endangered," the Consumer Electronics Association announced a plan to organize widespread Congressional lobbying to advance the interests of new technology.

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TALLINN, ESTONIA -- LM Ericsson will acquire part of Elcoteq's manufacturing operations in Tallinn for EUR 30 million, pending regulator approval, the companies said today.

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SINGAPORE -- Singapore’s electronics shipments fell 21.8% year-over-year earlier in May, to $2.7 billion. Read more ...

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