“With the emergence of networked IP video surveillance cameras and IP video servers—along with the rising use of DVRs — video surveillance is moving beyond traditional security and into new applications such as transportation, retail, government and even home networking,” said Mark Kirstein, vice president of multimedia content and services at iSuppli. “This expansion is being helped considerably by the idea of networked video surveillance … Because of this, IP cameras will experience continued growth in surveillance, displacing existing closed circuit TV cameras with modern technology that can be networked into larger security systems,” Kirstein added.
Telecom operators are expected to offer IP video surveillance as a value-added consumer broadband service, says iSuppli. The firm predicts 2011 will be the first year that IP cameras overtake CCTV cameras as the dominant equipment in video surveillance.
iSuppli projects the market for surveillance-camera semiconductors will hit $1.25 billion in 2011, more than double the $525 million in 2006. A major shift in semiconductor revenue likely will be propelled by a trend to IP cameras, the company believes. Sales of video processor and interface chips, such as Ethernet, Power over Ethernet and Wi-Fi will grow dramatically. However, spending on image sensors are predicted to fall off based on relentless price declines and accelerated adoption of less-expensive CMOS image sensors.
TORONTO – Electronics manufacturing services provider SMTC Corp. announced fourth quarter earnings rose 49% to $2.1 million on a 31% spike in revenue to $76.1 million.
For the quarter ended Dec. 31, gross profit was $7.7 million, or 10.1% of revenue, up from $4.9 million (8.4% of revenue).
Full-year revenue rose 15% to $262.8 million, while the
company set a net income record of $10.5 million, including one-time items of
$5 million, compared with a loss of $100,000 for 2005.
“For the first time since 2000, the company grew year-over-year
revenue, reflecting a combination of growth from long-standing customers and
the effect of new customer additions in 2005 and 2006,” said John Caldwell, president
and chief executive. "As important, SMTC produced seven consecutive quarters
of profitability culminating in record net income for 2006."
The full year net income included an income tax refund, gain on a sale of surplus real estate, final proceeds from operations discontinued in 2002 and a net adjustment to restructuring accruals.
SAN JOSE – North American-based manufacturers of semiconductor equipment posted
$1.65 billion in orders in February, the trade group SEMI said. The three-month average orders fell 1% from January, but were up 28% year-over-year.
The February book-to-bill ratio was 1.05, meaning that $105 worth of orders were received for every $100 of product billed for the month. It was the fifth straight month the ratio rose.
Aspocomp will spend 37.8 million euros to purchase the 49% minority interest in the Suzhou, China-based company. The deal is expected to be finalized in March.
Aspocomp Group Oyj owns 51% of ACP Electronics, and the JV’s net sales and results have been consolidated into Aspocomp's figures since 2001.
Aspocomp
expects the acquisition will be accretive to the company’s result. Last year, Aspocomp
reported net sales of 149 million euros. It was the 57th largest PCB fabricator in 2005, according to Dr. Hayao Nakahara of NT Information.