WESTLAKE, OH – Nordson Corp., parent company to Asymtek, EFD, Dage and YesTech, reported record fourth quarter sales of $290.8 million, a 20.4% increase year-over-year.
PAOLI, PA – Ametek Inc. has acquired privately held California Instruments Corp. Terms of the agreement were not disclosed.
California Instruments provides programmable alternating current power sources used for testing. The company has annual sales of approximately $22 million.
Ametek manufactures electronic instruments and electromechanical devices globally, with annual sales of $2 billion.
OAK BROOK, IL – A coterie of leading semiconductor experts today said looming market concerns over higher oil prices, the U.S. mortgage crisis and fears of a possible recession make the outlook for consumer spending a cautious one. The market is slipping slowly, the panel said, but there is hesitant optimism for overall growth.
TIANJIN, CHINA – Bohai
Electronics Week 2008, the northern China electronics equipment trade show,
will be larger than previous years, with more exhibition space, exhibitors –
and, show organizers hope, visitors.
Show producer Reed Exhibitions says
BEW 2008 will feature 30 % more floor space to accommodate the new segments for
components, SMT, soldering, ESD and test. The 2008 show takes place Nov. 10-12.
Twenty-nine percent of China’s
electronics production comes from the Bohai area.
The 2007 show drew 10% more exhibitor
compared to 2006, hailing from nine countries and regions: the US, the UK,
Singapore, Taiwan, Hong Kong, Japan, Korea, China and Germany, and attracted
3782 visitors, also up 10%, says Reed.
SHANGHAI – Siemens’ Siplace
Application Center opened here this month, offering local customers live
equipment testing in a true production environment.
The new application center is equipped
with a complete SMT line consisting of Siplace X-Series and D-Series machines,
a DEK printer, a Rehm reflow oven and ASYS
board handling.
The center focuses on such
technologies such as 01005 placement, CSP stacking, IC and BGA placement.
Siplace customers will have access to expert know-how regarding all NPI
processes and Siplace software solutions at the new Application Center.
Siemens also has application centers
in Munich, Shanghai, Singapore and Norcross, GA.
WYLIE, TX – Global Innovation Corp., an EMS and PWB supplier, reported net sales fell 10% to $8.4 million as the company’s largest customer cut orders by $1.5 million. For the period ended Oct. 31, net income was $101,578, up 18% year-over-year.
For the quarter, gross profit was $1.8 million, up 2.5%, on a two-point uptick in gross margins to 21%. Cash flow from operations was $474,750, up from $193,369 the prior year.
At quarter’s end, liabilities exceeded assets. The company indicated plans to negotiate an extension for $4.2 million in convertible promissory notes owed to chief executive Brad Jacoby at 8% interest and due next September.
The company also has loans with Amegy Bank of Texas including two $2 million five-year term loans and a $5.5 million real estate loan.
Global Innovation has been known by several names through its history, including ESPO’s Inc. and Integrated Performance Systems. In 2004, a wholly owned subsidiary of the company performed a reverse merger with Best Circuit Boards, also known as Lone Star Circuits.
GLEN ALLEN, VA – The market for organic electronics materials will be worth $4.9 billion in 2012, surging to $15.8 billion in 2015, according to analyst NanoMarkets.
By 2015, NanoMarkets estimates 80% of organic electronics materials will be sold into three applications: RFID, display backplanes and OLED lighting and displays. By then, RFID will be the largest application accounting for $6.9 billion in materials sales, with today's dominant application, OLEDs, accounting for $5.6 billion, according to the firm. NanoMarkets expects RFID to overtake OLEDs as the largest consumer of organic electronics materials by 2012.
NanoMarkets says today's organic semiconductor materials are inadequate. Besides limits on performance, many are available only in small quantities. The company believes new kinds of organic semiconductor materials such as rubrene and hybrid materials, including formulations with carbon nanotubes, will spur the market to $4.9 billion in revenues by 2015.
To be successful, organic electronics will have to emulate the traditional semiconductor industry and invent an organic version of CMOS with its own stable materials sets. To make this happen, materials companies must offer commercial quantities of n-type semiconductors and organic dielectrics, says NanoMarkets.
The substrate business will grow to $6.9 billion in sales by 2015, with a majority the flexible type and specially prepared for organic electronics through novel forms of barrier coatings and reduced surface roughness.
As organic electronics devices ship in quantity, material suppliers will have to adjust formulations for offerings to work in large-scale manufacturing plants. These plants now seem more likely to use versions of traditional evaporation, coating and flexo printing, rather than ink-jet approaches. Suppliers will have to meet the specialized requirements for viscosity, volatility and other characteristics that the industry will require, says the researcher.
BIRMINGHAM, UK – The 40th Annual Nepcon UK show will be held here April 29 - May 1.
The technical program is sponsored by the SMART Group, and lists SMTA among its participants.
SMART Group VP Peter Swanson says the technical presentations from SMTA will be relevant to today’s manufacturing challenges, noting “a long and close synergy between SMTA and SMART Group.”
SAN FRANCISCO – Dell's efforts to turn around its consumer PC business will translate into added competition in the retail channel and put pressure on HP's, Deutsche Bank Equity Research said in a research note today.
During the past four to six quarters, HP has consolidated significant share in consumer PCs as it benefited from international growth, better retail distribution, a solid product line, and Dell's exit from the low end, says DB.
After several quarters of weak consumer PC unit growth, Dell is now aggressively pursuing the indirect consumer channel with a reinvigorated consumer PC line.
DB’s price comparison analysis shows that similarly configured HP and Dell consumer PCs are priced comparably at retail outlets. As such, the combination of improved product design, competitive pricing and its retail distribution initiative should support improving growth in Dell's consumer business during the next several quarters, according to DB.
Although revenue realized from the consumer retail strategy will likely dilute corporate margins, the incremental profit opportunity for Dell is significant and largely incremental to DB’s existing EPS estimates.