ST. PETERSBURG, FL – Jabil yesterday said it expects fiscal second-quarter revenues to fall $250 million to $350 million, to $3 billion to $3.1 billion, on seasonality in consumer demand.
SAN JOSE – North American manufacturers of semiconductor equipment posted $1.15 billion in orders in November and a book-to-bill ratio of 0.82, according to SEMI.
The three-month average of worldwide bookings was about 2% less than October and about 19% less than last year.
The three-month average of worldwide billings was $1.39 billion, about 6% less than October and down about 6% year-over-year.
"November orders are 19% below one year ago, and at levels last reported in late 2005,” said Stanley T. Myers, president and CEO of SEMI. “Semiconductor manufacturers have added a tremendous amount of 300-mm capacity over the past year. This, combined with the overall booking trends, indicates that investments will slow in the near-term, which is consistent with concerns about the economy as a whole.”
BANGKOK – EMS provider Fabrinet has completed construction of a 300,000 sq. ft. addition to its Pinehurst optical manufacturing complex near Bangkok, and has commenced operations there.
PARIS – ASTEEL will acquire Flash Electronics in an all-stock deal, forming an EMS company with some $750 million in annual sales, the companies announced today.
YAVNE, ISRAEL – Digitaltest will integrate its design-to-test software with Valor Computerized Systems’ process engineering software, the companies said today. In a press release, the companies said Digitaltest’s C-LINK tool will be built into Valor’s vPlan software.
The integration is said to deliver a manufacturing process definition to the production floor through a lean dataflow, and automatically generate machine-specific libraries on demand.
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.