GUADALAJARA – Electronics manufacturing in Guadalajara
is recovering, sometimes even at the expense of China.
Electronics exports – mostly telecom and computer equipment – from the
region
are expected to rise 10% this year, to a record $11.3 billion. The city
was the site of the annual Mexitronica trade show this week.
"Our third quarter results are a clear indication that our strategy is working as we delivered double digit growth in sales and net income," said president and CEO Cary T. Fu.
In a press statement, vice president and general manager of CTS automotive products Jeff McCurley said, "Our European sales are projected to double in the next five years. Expansion of our European manufacturing presence to the Czech Republic will better serve our European automotive customers. Locating our new plant in Ostrava offers low costs, availability of technical skills and necessary manufacturing infrastructure," added McCurley.
SAN JOSE -- North
American-based manufacturers of
semiconductor equipment posted $1.09 billion in orders in September on
a three-month, down 1% from August and 19% from last year. The
book-to-bill ratio was 1.02, the
SEMI trade group said.