News
ST. PETERSBURG, FL -- Jabil Circuit on Thursday night reported a 90% drop in net profits despite a 15% gain in quarterly revenue. In its third quarter ended May 31, the EMS firm reported net income of $6.2 million, down from $64.2 million last year, on sales of $3 billion.
SAN JOSE, CA – North American manufacturers of semiconductor equipment posted $1.67 billion in orders in May (three-month average) and a book-to-bill ratio of 1.0, according to SEMI.
SAN JOSE, CA – Sanmina-SCI will build its first manufacturing technology campus in India, a 100-acre site in Oragadam inside a special economic zone.
EL SEGUNDO, CA – iSuppli Corp. predicts global PC shipments will rise to 264 million units in 2007, up 11.2% from 239 million in 2006.
iSuppli upgraded its forecast following stronger-than-anticipated first-quarter shipments of notebook computers. The previous forecast envisioned 10.7% growth for the year.
iSuppli upgraded its forecast following stronger-than-anticipated first-quarter shipments of notebook computers. The previous forecast envisioned 10.7% growth for the year.
SPRINGFIELD GARDEN, NY – Shipping cycles in the Asia-Pacific are following traditional cycles, a major logistics provider said last week.
Trans Global Logistics reports demand is following predictable patterns, with the May-June period typically the low point for air-freight.
Demand for oil coupled with severe weather conditions is influencing shipping decisions, Trans Global said. Growing global demand for oil continues to put upward pressure on fuel surcharges, while powerful monsoons have hammered southeastern Bangladesh, causing operations at the Chittagong port yard to be temporarily suspended. Cargo receiving and loading has resumed in off-dock areas, but there have been many vessel delays, the company says.
Inflation worries are also influencing shipping decisions. The rupee has appreciated approximately 12% against the U.S. dollar, causing an increase in surcharges for x-ray and other inspections. Rising inflation in China and a strengthening yuan are putting pressure on shippers to maximize ocean transportation use. The impact of shifting manufacturing capacity from Japan and Korea to China has dampened demand for airlift in these traditional markets, says Trans Global.
Trans Global Logistics reports demand is following predictable patterns, with the May-June period typically the low point for air-freight.
Demand for oil coupled with severe weather conditions is influencing shipping decisions, Trans Global said. Growing global demand for oil continues to put upward pressure on fuel surcharges, while powerful monsoons have hammered southeastern Bangladesh, causing operations at the Chittagong port yard to be temporarily suspended. Cargo receiving and loading has resumed in off-dock areas, but there have been many vessel delays, the company says.
Inflation worries are also influencing shipping decisions. The rupee has appreciated approximately 12% against the U.S. dollar, causing an increase in surcharges for x-ray and other inspections. Rising inflation in China and a strengthening yuan are putting pressure on shippers to maximize ocean transportation use. The impact of shifting manufacturing capacity from Japan and Korea to China has dampened demand for airlift in these traditional markets, says Trans Global.
BUFFALO GROVE, IL – Calling the U.S. “at the forefront of advanced research,” Panasonic Factory Solutions Company of America on June 7 held the grand opening ceremony for its Advanced Packaging Lab.
The lab, located at the company’s suburban Chicago headquarters, contains a class 10,000 cleanroom, plus the latest in metrology and test equipment including x-ray, C-SAM, SEM and EDS for post-assembly analysis.
The lab, located at the company’s suburban Chicago headquarters, contains a class 10,000 cleanroom, plus the latest in metrology and test equipment including x-ray, C-SAM, SEM and EDS for post-assembly analysis.
MYRTLE BEACH, SC – Passives components maker AVX Corp. has agreed to buy American Technical Ceramics for about $231 million in cash.
AUSTIN, TX – Samsung Electronics last week opened a 1.6 million sq. ft. 300-mm NAND flash memory wafer plant in Austin. The $3.5 billion facility will begin operations in the second half and ramp to produce 60,000 wafers monthly by 2008.
The building is one of the largest semiconductor facilities in the U.S.
The plant will begin production with the 16Gb NAND flash chips using 50-nm level process technology.
With the plant, Samsung topped its previous record for the largest foreign investment in Texas, some $1.4 billion in 1996.
The factory is adjacent to the existing 200-mm wafer fabrication plant. The existing plant was completed in 1997 and will continue to be used to manufacture DRAM.
The building is one of the largest semiconductor facilities in the U.S.
The plant will begin production with the 16Gb NAND flash chips using 50-nm level process technology.
With the plant, Samsung topped its previous record for the largest foreign investment in Texas, some $1.4 billion in 1996.
The factory is adjacent to the existing 200-mm wafer fabrication plant. The existing plant was completed in 1997 and will continue to be used to manufacture DRAM.
SAN FRANCISCO – A free Design Chain Associates Webinar on REACH, Introduction and Update for North American manufacturers, will take place July 13, at 2 pm EDT.
The European Union's Registration, Evaluation, and Authorization of Chemicals, or REACH regulation takes a different approach to regulation of chemical substances and mixtures in the EU. Manufacturers in electronics, textiles, automotive, aerospace, and other industries will need to assess which aspects of REACH directly impact them, as well as understand the risks that currently exist within their supply chains.
Robert Donkers, environment counselor and a member of the Delegation of the European Commission to the US, will present an overview focusing on the basics of the law, with a focus on pre-registration, issues for non-EU-based companies, the "only representative" and SIEF concepts, and more.
Michael Kirschner, president and managing partner of Design Chain Associates, will cover specific issues for manufacturers, including the concepts of "intentionally released," disclosure of substances in articles, and scenarios of supply chain risk.
To register, visit https://www.gotomeeting.com/register/662377247.
The European Union's Registration, Evaluation, and Authorization of Chemicals, or REACH regulation takes a different approach to regulation of chemical substances and mixtures in the EU. Manufacturers in electronics, textiles, automotive, aerospace, and other industries will need to assess which aspects of REACH directly impact them, as well as understand the risks that currently exist within their supply chains.
Robert Donkers, environment counselor and a member of the Delegation of the European Commission to the US, will present an overview focusing on the basics of the law, with a focus on pre-registration, issues for non-EU-based companies, the "only representative" and SIEF concepts, and more.
Michael Kirschner, president and managing partner of Design Chain Associates, will cover specific issues for manufacturers, including the concepts of "intentionally released," disclosure of substances in articles, and scenarios of supply chain risk.
To register, visit https://www.gotomeeting.com/register/662377247.
GLENVIEW, IL -- Illinois Tool Works, parent company of KEster Solder, Speedline and several other electronics manufacturers and suppliers, today reported revenues rose 15% for the quarter ended May 31. Operating revenues grew 10% including acquisitions, but just 1% from base revenues.
ELKHART, IN -- CTS Corp. today promoted CFO Vinod M. Khilnani to president and chief executive, succeeding current chairman and CEO Donald K. Schwanz.
The move is effective July 2. Schwanz had previously announced his intent to retire during 2007.
The move is effective July 2. Schwanz had previously announced his intent to retire during 2007.
MANASSAS, VA – DiversiTech will be the new sales representative for Zestron America in southern California and Nevada.
DiversiTech will promote Zestron’s product and service line for PCB defluxing, stencil and maintenance cleaning applications.
DiversiTech attended a two-day technical training at Zestron’s Manassas, VA, facility.
DiversiTech will promote Zestron’s product and service line for PCB defluxing, stencil and maintenance cleaning applications.
DiversiTech attended a two-day technical training at Zestron’s Manassas, VA, facility.
Press Releases
- Kurtz Ersa Goes Semiconductor: Expanding Competence in Microelectronics & Advanced Packaging
- ECIA’s February and Q1 Industry Pulse Surveys Show Positive Sales Confidence Dominating Every Sector of the Electronic Components Industry
- Hon Hai Technology Group (Foxconn) Commits To New 5-Year Sustainability Roadmap Through 2030
- Amtech Electrocircuits Navigates Supreme Court Tariff Ruling