ATLANTA -- Industry analyst Walt Custer will present his take on the global economic situation in a free presentation over the Internet later this month.
The live two-hour Webinar takes place Feb. 28, at 2 pm EST. To register, go to www.pbrseminars.com.
SARATOGA, CA – Revenues and unit sales of
ICs worldwide are expected to be in the double digits, says a leading research firm. Revenues and unit sales grew 7.8% and 10.6%, respectively,
in 2005, Advanced Forecastingsaid.
SAN JOSE -- IBM Technology Group director Tim Collopy will keynote the IEEE International
Reliability Physics Symposium this year.
IRPS will be held March 26 to 30, in San Jose.
Collopy will address adaptating reliability methodologies to market expectations and technology roadmaps. He asserts that fundamental reliability models and qualification
methods have not changed in decades. In order to accommodate unique customer
requirements (e.g., foundry) or industry standards, Collopy
suggests enhanced quality processes and the stress, analysis and repair of
new fail modes uncovered during new technology development.
The addition of
feedback from the full spectrum of users to verify these models and methods
allows for continuous improvement of quality processes, just as customers
demand of microelectronic products and technologies.
Collopy joined IBM in 1974 and has served in his current position
since 2001. He graduated the University of
Missouri Rolla with bachelor's degrees in mathematics and electrical engineering, and a master's in operations
research, and has an MBA in plans and controls from Union College.
He has previously held management positions in
process engineering, diagnostics and characterization, manufacturing
engineering, reliability engineering and analytical services at IBM's East
Fishkill, NY ,semiconductor facility.
HAUPPAUGE, NY -- Jaco Electronics Inc. today reported second-quarter net sales of $48.1 million, down from $52 million last year, for the period ended Dec. 31.
The distributor of electronic components reported an operating loss of $180,000, down from $1.7 million a year ago. The net loss widened, however, to $7.4 million from $1.5 million last year.
During the quarter, gross profit margin and SG&A expenses improved. Gross profit margin improved to 13.9%, while SG&A expenses as a
percentage of net sales declined to 14.3% from 16% in the prior year.
In a statement, Jaco chairman and chief executive Joel Girsky said, "Early in fiscal Q3, we announced another multi-million dollar
electronic voting machine manufacturing order. The new contract was
for 5,000 flat panel touchscreen machines." Other recent orders were for gaming machines, military and medical applications, he said.
ATLANTA – Circuits Assembly today announced the winners of its 2006 Service Excellence Awards for EMS providers and electronics assembly equipment, materials and software suppliers.
Circuits Assembly recognized the companies that received the highest customer service ratings, as judged by their own customers, during a ceremony last night at the Apex trade show in Anaheim, CA.
ATLANTA -- UP Media Group Inc. today announced a partnership with netCOMPONENTS to provide components part searching on the Printed Circuit Design & Manufacture and Circuits Assembly websites.
The new parts search allows users access to the inventory positions of included suppliers. Users will be able to send e-mail requests for quotes and purchase orders to included suppliers for any listed parts.
netCOMPONENTS Inc. (www.netcomponents.com) is a market leader in
sourcing services for the worldwide electronic components industry.
netCOMPONENTS has more than 2,300 suppliers and lists more than 575
billion ICs, semiconductors, and other actives and passives.
"netCOMPONENTS is pleased to power the UP Media Group part search," said Nigel Larsen, manager of global marketing and product maintenance. "This is a great opportunity for netCOMPONENTS suppliers to gain additional exposure of their inventory, and a great opportunity for UPMG Web site visitors to utilize a powerful part search feature with no registration required and without having to leave UPMG's Web site environment."
NORTH BILLERICA, MA -- BTU International will purchase the product lines and other assets of Radiant Technology
Corp. for $500,000 in cash and up to 100,000 shares of stock, worth some $17.7 million after the market closed Feb. 9. Closing is expected by early March, the companies said, subject to customary closing conditions including RTC shareholder approval.
RTC makes inline near IR furnaces and dryers primarily used for solar energy.
ROSEVILLE, CA -- International DisplayWorks Inc. has been named as the primary source by a major Taiwan consumer electronics manufacturer on a new MP3 product. Volume production is expected to begin in April, and will result in at least $5
million in annual sales for IDW.
The MP3 player uses a TFT display from IDW, the company said.
JACKSON, MI -- EMS
provider Sparton Corp. won three
contracts worth more than $24 million to manufacture sonobuoys for the U.S. Navy .
Sparton won a $20 million program to build the AN/SSQ-53F sonobuoy; a $2.5 million contract for the AN/SSQ-77C, and a $1.5 million program for the AN/SSQ-62E.
Production will take place in Sparton's DeLeon
Springs, FL, facility and is expected to be completed by June
2007.
BUDAPEST -- Flextronics International will lay off up to 950 employees -- nearly half its workforce -- at its plant in Nyiregyhaza, in eastern Hungary, Reuters reported Tuesday, citing a local news agency.
According to the report, Flextronics has advised the local officials about the layoff.
The company reportedly employs 2,000 at the plant, which makes appliances and office
electronics.
The report said Flextronics cited seasonality for the impeding layoffs.
TORONTO -- SMTC Corp., a mid-tier EMS provider, has begun building assemblies and perform final integration for an unspecified program for Telco Systems. No financial terms were announced.
Telco is a wholly owned subsidiary of BATM Advanced Communications, a provider of carrier-class transport and access gear for IP and TDM networks.
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ANGLETON, TX -- Benchmark Electronics
reported sales
of $625 million for its fourth quarter, up sharply from $524
million last year. Net income was up $4.5 million, to $24.7
million, for the quarter ended Dec. 31.
The company said it will expand its low-cost capacity
while realigning elsewhere, specifically in in the U.K. It said it
would take a $3.5 million to $4.5 million pretax charge for the closure
of its U.K. facility.