News
EL SEGUNDO, CA – Shipments of LCD-TVs to Southeast Asia are expected to rise by more than a factor of eight from 2007 to 2012, as a result of falling prices, increased user awareness, economic strength and rising consumer affluence in the region, according to iSuppli Corp.
LCD-TV shipments to the region will rise to 13.5 million units in 2012, expanding at a CAGR of 53.9% from 2007. LCD-TV shipments in the region will hit the $6.3 billion mark by 2012, rising at a CAGR of 38.6%.
CRT-TVs continue to dominate the market in Southeast Asia as a result of their lower prices. However, by 2011, LCD-TVs will take a commanding lead in overall television sales as their prices decline, the firm says.
“These economies appear to be weathering the impact of the economic slowdown better than other regions,” said Riddhi Patel, principal analyst, television systems for iSuppli.
“Because of this, more consumers in the region now are able to afford to replace their CRT-TVs with more expensive LCD-TVs, particularly at the larger sizes. While these televisions are mostly being purchased by the affluent and the upper middle class, increased domestic production in the region – which should help lower prices, raise the profile of the product and boost adoption – will encourage more consumers to buy a new LCD-TV set.”
The more mature markets, like Singapore and Macau, along with the emerging countries—Laos, Cambodia, Myanmar and Brunei—are not growing as quickly as Vietnam, Thailand or Malaysia. However, as prices fall, interest is likely to increase in the more developed areas as well, Patel noted.
The Southeast Asian television market is outgrowing the global business, with unit shipments expected to rise at a CAGR of 6% during the period from 2008 to 2012. In contrast, worldwide shipments will increase by 5% and total Asia/Pacific shipments will increase by 3% during the same period, says iSuppli.
ARLINGTON, VA – Among dire economic news, electronic component orders held steady in June, says the Electronic Components Association.
MINNEAPOLIS – EMS firm HEI Inc. returned to a profit in its third quarter as net sales rose 14.6%.
For the period ended May 31, the company reported net sales of $10.2 million and net income of $179,000. A year ago, HEI had a net loss of $1.8 million.
SMYRNA, GA – UP Media Group, parent company of Circuits Assembly and Printed Circuit Design & Fab, announced today that “Unlocking the Myths of Heating Technology: A Practical Tutorial,” a one-hour free Webinar, will be held July 31 at 11 a.m. PDT, 2 p.m. EDT and 6 p.m. GMT.
SAN JOSE – The worldwide EMS market grew 17.3% in 2007 and will continue to grow briskly in the coming years, a new research report claims.
MILTON, NY – Sono-Tek Corp. (sono-tek.com) named to its representatives network SRS and Associates (stonesrs.com) for TN, MS, AL and GA; Murray A. Percival Co. (murraypercival.com) for MI, IN, OH and KY; Technical Marketing Co. (technicalmarketingcompany.com) for MT, WY, UT and CO; Restronics (restronics.com/florida.html) for FL; and Cope Assembly Products for VA, WV, NC and SC. Bennett Bruntil will head the newly restructured organization.
The reps will handle Sono-Tek's solder recovery line of products. There are no announced changes to the company's spray fluxing products reps.
MIAMI – Avnet has completed its purchase of Source Electronics Corp., a provider of outsourced custom IC programming services.
Avnet acquired the company from H.I.G. Capital, a private equity firm.
Source has plants in Brazil, China, Mexico, Singapore and the US, where it provides programming services to OEMs and EMS companies.
HERNDON, VA – A host of major OEM and EMS companies, under the auspices of iNEMI, has outlined a set of recommendations for managing Pb-free alloy alternatives.
The consortium members recommend the following to help manage the use of multiple solder alloys:
INEMI’s recommendations are available at
http://thor.inemi.org/webdownload/projects/ba/Pb-Free_Alloys/Alloy_recs.pdf.
The consortium members recommend the following to help manage the use of multiple solder alloys:
- Drive convergence of Pb-free alloys.
- Develop an industry-standard assessment methodology.
- Establish performance guidelines.
- Update standards.
- Identify and differentiate alloys.
INEMI’s recommendations are available at
http://thor.inemi.org/webdownload/projects/ba/Pb-Free_Alloys/Alloy_recs.pdf.
SAN JOSE – X-line Asset Management will auction an SMT facility in Garden Grove, CA, on July 22. The auction will close July 23.
Equipment lines on display include machines from Siemens, DEK, Vitronics, Omron, Nutek, Quad, Heller, Nicolet and others.
Equipment lines on display include machines from Siemens, DEK, Vitronics, Omron, Nutek, Quad, Heller, Nicolet and others.
For more information, visit www.xlineassets.com.
TAIPEI – Foxconn Electronics, the world’s largest ODM/EMS company, expects revenue growth to gain steam this month, the company said.
YOUNGSVILLE, NC — Eaton Corp. will open a manufacturing facility here, on the site of a former Flextronics facility, the company said today.
Eaton, which makes electrical systems for power management, is taking over a 125,000 sq. ft. building in a move that will create some 100 jobs.
Flextronics shuttered the site earlier this year after completing its purchase of Solectron, and laid off 480 workers.
Eaton, which makes electrical systems for power management, is taking over a 125,000 sq. ft. building in a move that will create some 100 jobs.
Flextronics shuttered the site earlier this year after completing its purchase of Solectron, and laid off 480 workers.
HUNTSVILLE, AL – Fresh off the sale of two PC manufacturing plants, Sanmina-SCI is going forward with its stated goals to land more military and defense contracts. The EMS firm is reportedly working with Lockheed Martin in a bid for a $3.5 billion contract to build the Army's next-generation intercom system.
Sanmina-SCI reportedly already provides various communications systems to the Army for helicopters. The company employs 1,000 workers in Huntsville.
The deal would cover some 54,000 Army vehicles worldwide, according to a report in The Huntsville Times.
An Army announcement on the program is expected shortly.
