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The company sees this qualification as an important step in its transformation to a significant producer of high reliability PCBs for communications, computer, industrial and now military markets.
“As our volume business continues to transition to our PC Asia factory in Kunshan, China, our New York operations will become predominately a proto, quick turn, high mix and military manufacturer of circuit boards,” said Rick McNamee, CEO.
“With the Milspec Qualification in place we expect to be able to ramp up our military business, both production and protos” said Alan Abbate, director of sales. “We have been involved in a number of military programs for over a year supporting several customers.”
Military products are expected to grow significantly over the next few years to represent a significant portion of the company’s domestic business. Photocircuits now has Milspec, Proto/Quick Turn and standard high mix production capabilities in the U.S. as well as PC Asia in China.
JERSEY CITY, NJ – Cookson Group PLC sold its conformal coating business unit to an investment bank for $55.5 million in cash.
Bunker Hill Capital purchased Specialty Coating Systems for an immediate cash payment of $54 million, with the balance due upon closing of the sale of the SCS China business in early 2006.
HONG KONG -- Foxconn International Holding, the world's sixth largest handset maker, said its 2006 sales should grow at least 30%, according to a news report today.
Analysts estimate that FIH, a subsidiary of Foxconn Electronics, had revenues of $5 billion to $6 billion in 2005, the report said.
The sale is scheduled to close on June 30; terms were not announced.
Spending projections were up in most categories month over month with modest declines in security software and telecom equipment, said Chris Whitmore, an analyst at Deutsche Bank, which cosponsors the monthly poll.
The three-month moving average growth was 20.6% for total manufacturing, the EDB reported. The seasonally adjusted month-on-month manufacturing output growth was up 1.5%.
Through November, total manufacturing output rose 9.9% over last year. Electronics was up 7.5% over that period.
Semiconductor production spiked 42% in November, computer peripherals were up 24.4% and storage was up 10.4%.
Telecom and consumer electronics fell 4.2% as lower demand for mobile products offset increased production of PCs and consumer items.
A part of the University’s RFID Research Center, the consortium aims to enable development of infrastructure, design and modeling tools and manufacturing processes to support low-cost RFID tags and systems for reliable performance.
Any commercial, non-profit, government or academic organization interested in attending should contact Claudia Cochrane at U of A: 479-575-3605 or Becky Travelstead at TechSearch International: 512-372-8887 or becky@techsearchinc.com.
Following third-quarter growth of more than 17% year-on-year, worldwide PC shipments are now expected to grow by nearly 15% in the fourth quarter, boosting annual growth a half point ahead of the 15.3% rate in 2004 to 15.8% in 2005 and raising the outlook for growth in 2006 to 10.5%.
SAN JOSE -- North
American-based manufacturers of
semiconductor equipment posted $1.09 billion in orders in November on a
90-day average basis and a book-to-bill ratio of 0.92 according
to SEMI.
A book-to-bill of 0.92 means that $92 worth of orders were received for every $100 of product billed for the month.
Bookings were about even with revised October levels of $1.09 billion and 18% below the $1.33 billion in orders posted last year.
The three-month average of worldwide billings in November was $1.18 billion, up 3% from October and down 12% from November 2004.
"Bookings for North American-based semiconductor equipment providers continue to show stability, with signs of some improvement over the previous quarter," said Stanley T. Myers, president and CEO of SEMI. "The well-managed spending cycle throughout 2005 has been encouraging and the equipment market is positioned for growth in 2006."
The SEMI book-to-bill is a ratio of three-month moving averages of worldwide bookings and billings for North American-based semiconductor equipment manufacturers. Billings and bookings figures are in millions of U.S. dollars.
EDAC chairman Wally Rhines called the strength "broad-based, with all regions up, as well as nearly all product segments."
EDA license and maintenance sales grew 6% in the third quarter to $851 million.
EDA's largest tool category, computer-aided engineering, generated revenue of $469 million in Q3, up 4% over in 2004. IC physical design and verification reported revenue of $296 million, a 9% rise. Semiconductor property revenue totaled $199 million, up 5%, and services revenue rose 9% to $72 million.
North America, EDA's largest region, purchased $532 million of EDA products and services, up 3%. Western Europe sales increased 7% to $218 million. Revenue in Japan grew 9% to $243 million. Elsewhere, sales rose for the 27th straight quarter, increasing 9% to $129 million.
Reporting companies employed 21,140 professionals in Q3, up 3% from a year ago.
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