News
SAN JOSE – Bookings at North American-based semiconductor equipment manufacturers rose 39% to $1.7 billion in January. The book-to-bill jumped to 1.06, the SEMI trade group said, rising for the third straight month and closing above the benchmark 1.0 level.
The
sums are based on a three-month average of worldwide bookings.
JASPER, IN -- Kimball Electronics on Thursday moved decisively into the hot medical EMS market, closing its acquisition of fellow EMS firm Reptron Electronics.
Technically a merger, the deal was announced last December. The approximate value of the transaction was $49.5 million.
Technically a merger, the deal was announced last December. The approximate value of the transaction was $49.5 million.
MILPITAS, CA -- Solectron Corp. president and chief executive Michael Cannon resigned yesterday, effective immediately, to take a job as president of global operations at Dell.
Chief financial officer Paul Tufano, 53, was named interim CEO and principal executive officer. A search is underway for a permanent replacement. Tufano has been executive VP and CFO since Jan. 30, 2006.
Chief financial officer Paul Tufano, 53, was named interim CEO and principal executive officer. A search is underway for a permanent replacement. Tufano has been executive VP and CFO since Jan. 30, 2006.
JACKSON, MI -- EMS provider Sparton
Corp. reported fiscal second quarter sales rose 40.8% to $53.1 million over the same quarter
last year. For the three months ended Dec. 31, the net
loss was $1.4 million, vs. a net profit of $202,000 last year. The results were lower due to the redesign and rework of existing sonobuoys to
address issues from failed drop tests which occurred during the first
quarter of fiscal 2007.
THIEF RIVER FALLS, MN - Digi-Key Corporation and Sanyo Energy (USA) Corporation announced the signing of a distribution agreement. Digi-Key is stocking lithium, nickel-cadmium and nickel metal hydride batteries in a wide variety of sizes, as well as battery packs made with Sanyo batteries. These products will be available directly from Digi-Key and will be featured in both its print and online catalogs. Sanyo Energy provides rechargeable power for phones, computers, power tools and a wide variety of portable devices.
NASHVILLE -- Kyzen Corp., a maker of specialty chemicals for cleaning electronics and other applications, reported 2006 revenues rose 30% to a
record $8.84 million over 2005. For the year ended Dec. 31, net
income rose 444% to $830,328.
In a statement, Kyzen CEO and president Kyle J. Doyel said, "Our investment in veteran personnel and state-of-the-art equipment has been a key factor in our growth. Over the last two years, Kyzen has been recognized with five industry awards for innovation. Likewise, our customers vote each day with their pocketbooks in choosing Kyzen's award-winning technology for their operations."
SALT LAKE CITY -- Chemicals giant Huntsman reported fourth-quarter net income of $80.2 million on revenues of $2.54 billion, compared to a net loss of $65 million on sales of $10.68 million for the same period in 2005.
The company announced a definitive agreement to sell its U.S. base chemicals and polymers business to Flint Hills Resources, a division of Koch Industries, for $761 million. The deal is expected to close in the third quarter.
Huntsman makes solder mask, conformal coating and other specialty materials.
The company announced a definitive agreement to sell its U.S. base chemicals and polymers business to Flint Hills Resources, a division of Koch Industries, for $761 million. The deal is expected to close in the third quarter.
Huntsman makes solder mask, conformal coating and other specialty materials.
LOS ANGELES - The IPC and iNEMI, in
cooperation with GEIA, HDPUG and JEDEC, are
sponsoring a free forum at the IPC Apex trade show to
discuss keeping industry reliability test protocols current with
rapidly changing markets.
The summit is planned for Feb. 23 from 8:30 to 4:30, room 404AB, in the Los Angeles Convention Center.
For more information, visit GoIPCShows.org/ReliabilitySummit.asp.
The summit is planned for Feb. 23 from 8:30 to 4:30, room 404AB, in the Los Angeles Convention Center.
For more information, visit GoIPCShows.org/ReliabilitySummit.asp.
MINNEAPOLIS -- The SMTA and Auburn University seek abstracts for the AIMS (Automotive, Industrial, Military and Space) Harsh Environment Electronics Workshop.
The event, formerly the Harsh Environment Electronics workshop, takes place June 13-14, in Indianapolis. The event is chaired by Dr. John Evans and Dr. Ken Gilleo.
The June workshop will focus on harsh environments with an added emphasis on military and space.
The event, formerly the Harsh Environment Electronics workshop, takes place June 13-14, in Indianapolis. The event is chaired by Dr. John Evans and Dr. Ken Gilleo.
The June workshop will focus on harsh environments with an added emphasis on military and space.
Specific subject areas include:
- Semiconductor Technology.
- Substrate Advancements.
- Connectors and Interconnect Technology.
- Lead-Free Implementation.
- Advancements in Materials.
- Next Generation Harsh Environment Automotive Systems.
- Latest Developments in Thermal Cycle Testing for Extreme Environment Electronics.
- Substrate Surface Finishes for Harsh Environment Applications.
- Chemical, Thermal and Vibration Considerations for Industrial Electronics.
- Operating Environments for Military Electronics (land, sea, air and space).
Speakers will be required to submit presentation materials for inclusion in the workshop proceedings. There is not a paper requirement for this event.
Interested participants should send a 200-300 word abstract to the Conference Coordinator, Melissa Serres. Abstracts can be submitted via e-mail as a Word document attachment, to melissa@smta.org., or uploaded to the SMTA Web site at:
smta.org/education/education.cfm#aims
ORLANDO – Abstracts for the SMTA International conference, Oct. 7 – 11, in Orlando, are due Feb. 16. Short course descriptions are also being solicited. Submit abstracts using the online form at
www.smta.org/smtai/call_for_papers.cfm. For questions, please contact JoAnn Stromberg at joann@smta.org.
STRATHAM, NH – Vitronics-Soltec today named Aaron Saxton president, effective March 19. He is a executive with Universal Instruments, where he ran its Chinese manufacturing operations in Shekou, China.
LOS ALTOS, CA – Chinese vehicle production is estimated to have risen 12.1% during 2006, according to analyst Henderson Ventures.
The research group says world unit vehicle sales rose 4.4% last year, after a 5.2% gain in 2005. Unit production of cars and light trucks is expected to be up 2.9% in 2007, in part as a result of higher-end vehicles with electronic modules.
The research group says world unit vehicle sales rose 4.4% last year, after a 5.2% gain in 2005. Unit production of cars and light trucks is expected to be up 2.9% in 2007, in part as a result of higher-end vehicles with electronic modules.
Press Releases
- Absolute EMS Enters Strategic Partnership with PTEC Solutions to Enhance End-to-End Electronics Manufacturing Capabilities
- Indium Corporation Technical Expert to Present at SiP Conference China
- Flex Announces Kevin Krumm as Chief Financial Officer
- Green Circuits Enhances Inspection Capabilities with New DAGE Quadra 5 Pro X-ray System