News
Tempe, AZ – The manufacturing sector grew for the 27th straight month in August, although high energy prices raise concerns for future growth. New orders and production slipped from July but remained strong, according to the latest Institute for Supply Management (ism.ws) poll.
ISM chairman Norbert Ore said, “[T]he PMI still indicates significant economic growth in both manufacturing and the overall economy. Comments from supply managers indicate great concern over recent new highs in the energy commodities. Many express concerns as to whether current business strength can be sustained if high energy prices persist.”
For the month the PMI measure of economic activity fell 3.0 points sequentially, to 53.6%. New orders dropped 4.2 points to 56.4%, while production fell 4.4 points to 55.9%.
Backlogs grew slightly, up 1.5 points to 50.5. Manufacturers shaved internal inventories, but customer stock levels grew 2.0 points. Employment fell but remained above the benchmark for growth.
Electronic components and equipment was the third strongest category during the month. Industrial and commercial equipment and computers also reported growth.
April
May June
July
Aug.
PMI 53.3
51.4
53.8
56.6
53.6
New orders 53.7
51.7
57.2
60.6
56.4
Production
56.7
54.9
55.6
61.2
55.9
Inventories 47.9
47.8
47.8
47.5
45.7
Customer inventories 41.5 47.5
44.0
44.5
46.5 Backlogs 53.0
51.0
51.0
49.0
50.5
Source: Institute for Supply Management, August 2005
LOS ALTOS – Have semiconductor inventories gotten out of whack? That’s the assessment one researcher is concluding, saying that the disparity between strong sales of end-use items and the drop in IC shipments suggests a “major inventory adjustment.”
Net sales were $45.9 million, down 4% from $47.8 million last year. In Q4 2004 the company posted earnings of $1.5 million.
On Aug. 23, Nasdaq notified the supplier of electronics manufacturing
services of a possible delisting
as the market value of publicly held shares failed to
comply with minimum requirements.
Suntron will seek to
transfer its listing to the SmallCap index and will
remain listed on the National Market while its application is being reviewed.
Digi-Key specializes in assisting the engineering community with component sourcing and getting to market quickly. Its order fulfillment process enables 99% of all orders placed to be shipped the same day they are ordered.
“Digi-Key provides customers with extremely fast turn-around capabilities that can give them the edge in the market,” said Bill Galione, VP of sales and marketing, Americas, Philips Semiconductors. “Digi-Key also excels at delivering extremely small orders that other organizations might have difficulty with, and this makes it easier for the engineering community to obtain prototype quantities that could help to speed the development cycle of new products.”
The seminar is designed to assist the electronic industry in the transition to lead-free soldering and RoHS compliancy.
Topics will include: lead-free and RoHS directive overview; supply changes and procurement issues; board/component requirements; lead-free alloy selection for SMT, wave and rework; lead-free wave, and SMT process optimization; impact of dual systems; BGA rework practices; hand soldering process changes; lead-free RoHS reliability; field rework and training; and training and documentation.
Attendees will receive a lead-free assembly technical manual and CD containing presentation materials; technical white papers; and the Lead-Free Connection.
For more information on the technical content of seminar, contact Peter Biocca: pbiocca@kester.com.
For registration details, contact Theresa Rudnick: (847) 699-5580 or visit kester.com.
The Webcast will be led by VOG president Mark Zetter. Registration and program information can be found at ventureoutsource.com/docs/webinar/contracts.html.
A report on the three-month investigation to understand and quantify variables in a lead-free manufacturing process will be presented at SMTA International in Chicago in September.
SAN JOSE -- June quarter sales of servers grew to $12.1 billion worldwide, up 4.7% year-over-year, a leading research firm said today.
Revenue fell 1.6% sequentially, Gartner Inc. said.
Press Releases
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- The Assembly Show and SMTAI Announce Colocation in October
- SIA Applauds CHIPS Act Incentives for GlobalWafers Projects in Texas and Missouri
- ROCKA Solutions Continues Expansion in Brazil with New Location in Manaus