News
MUNICH – The top executive of Siemens’s
Electronics Assembly Systems today said the business unit welcomes the
greater “freedom and opportunities” ahead as it is divested from its longtime
corporate parent.
Siemens today officially acknowledged the unit would be transferred into a wholly owned, independent subsidiary by September, the end of the company’s fiscal year.
The move, the company said, could open the door to a joint venture with other electronics companies, a sale or a spinoff.In a press release, EAS CEO Guenter Lauber said, “An independent EA opens the door to great opportunities for the entire Siplace team. As a business unit of Siemens AG, we had to integrate ourselves into the overall structure, processes and procedures of a large company. The new constellation provides us with more freedom and more opportunities and will enable us to tackle many improvements that had originally been scheduled for the coming years in order to prepare ourselves for the future and the global market.”
[Have comments on this article? Click here to share.]
COLUMBUS, OH – Dr. Jennie Hwang tomorrow will keynote a special program celebrating Women’s History Month.
The program is sponsored by the US Department of Defense Supply Center, Federal Women's Program. The theme of the program is Women's Art, Women's Vision.
Dr. Hwang is a well-known industry inventor, lecturer and author.
The program is sponsored by the US Department of Defense Supply Center, Federal Women's Program. The theme of the program is Women's Art, Women's Vision.
Dr. Hwang is a well-known industry inventor, lecturer and author.
SAN JOSE – Worldwide sales of semiconductor manufacturing equipment totaled $42.77 billion in 2007, up 6% year-over-year, SEMI reported.
WASHINGTON – The U.S. International Trade Commission has voted to investigate at least 30 electronics companies for allegedly infringing patents covering certain short-wavelength LEDs, laser diodes and products that contain them.
HERNDON, VA – iNEMI has scheduled three regional workshops to give industry the opportunity to review work in progress on the 2009 Roadmap.
The North American workshop is scheduled for May 14 at iNEMI headquarters in Herndon, VA. The agenda includes Technology Working Groups presentations and chapter draft discussions.
The European workshop will be held on June 18 at IMEC in Leuven, Belgium, and the Asian workshop is scheduled for July 28 in Shanghai.
The 2009 Roadmap covers 22 technology, infrastructure and business process areas. New are sections on solid-state illumination, RFID item-level tag and photovoltaics.
The North American registration deadline is May 8. For more information, visit www.inemi.org/cms/calendar/2009_RM_NA_May08.html.
Further information about the Asian and European workshops will be provided on the iNEMI Website as plans are finalized.
The North American workshop is scheduled for May 14 at iNEMI headquarters in Herndon, VA. The agenda includes Technology Working Groups presentations and chapter draft discussions.
The European workshop will be held on June 18 at IMEC in Leuven, Belgium, and the Asian workshop is scheduled for July 28 in Shanghai.
The 2009 Roadmap covers 22 technology, infrastructure and business process areas. New are sections on solid-state illumination, RFID item-level tag and photovoltaics.
The North American registration deadline is May 8. For more information, visit www.inemi.org/cms/calendar/2009_RM_NA_May08.html.
Further information about the Asian and European workshops will be provided on the iNEMI Website as plans are finalized.
MANKATO, MN -- Winland Electronics reported fourth-quarter net sales fell 18.8% to $7.5 million versus last year on lower demand from its top customer. Net income fell 86% to $7,000.
TAIPEI -- Microsoft and H-P will establish a joint technology center in Taiwan, focused on investing in
advanced software, hardware and improving technical support to
its Taiwan partners. About 80% of the world's PCs are built in Taiwan.
FRANKFURT -- Siemens AG plans to divest its Electronic Assembly Systems unit by the end of September, the company said today. The unit employs about 2,100 workers and had reported sales in the "medium three-digit million euros range," a German newspaper reported.
ST. LOUIS -- LaBarge Inc. today raised its earnings guidance, announcing
that it expects financial results for its fiscal third quarter will
significantly top those of the last quarter and last year.
STRATHAM, NH – ITW has acquired Vitronics-Soltec from
Francisco Partners for an undisclosed sum. The deal creates the world’s largest
supplier, in revenues, of wave soldering equipment.
ITW plans to let the two units operate independent of each
other, although there is speculation that arrangement won't last for long.
SAN JOSE – North American-based manufacturers of semiconductor equipment posted a 90-day average of $1.23 billion in orders in February, up 8% from the revised January figure and down 12% year-over-year.
SHANGHAI -- The electronics industry descended on Shanghai this week as four major
exhibitions staged a convergence of programs.
The week began March 17 with the opening of the 11th annual Electronic Circuit World Convention. This is the first time this conference has been hosted in Asia.
Press Releases
- Latham Industries Expands Operations with New State-of-the-Art Facility
- PEMTRON Announces Partnership with American Tec for Distribution in China
- Explore ROCKA Branded Products at the SMTA Long Island, Michigan and Ohio Expos
- Surf-Tech Manufacturing Corp. Ensures World-Class Quality with Advanced Conformal Coating Services