caLogo

News

March 21 -- The newly formed JEDEC JC64 committee will have its first meeting on June 6 in Seoul, Korea at the Shilla Hotel, immediately following the JC42.4 flash memory device committee.
 
Created by the JEDEC Board of Directors at the request of industry leaders in flash memory, the committee is focused on standardizing flash memory modules for the industry.
 
At the meeting, JC64 members will elect a chairman, establish plans for their activities and future meetings, and initiate the standardization work. Mian Quddus from Samsung has been appointed temporary chairman until elections are held.
 
All interested companies are invited to join.

Irvine, CA-- Henkel Corp. was named a recipient of Intel Corp.'s Preferred Quality Supplier (PQS) award for outstanding performance in supplying Intel with underfill and die attach paste. This is the company's third consecutive PQS award since 2001.

 

"Henkel has set an example of outstanding customer commitment with flawless support on High Value Manufacturing," said Mark Kaltenbach, Intel Director, Assembly Test Materials Organization. "In addition, Henkel has proven themselves as invaluable technology partner through their dedicated engagement and continuous improvement approach on future technologies with Intel."

 

Henkel and 25 additional PQS award winners were recognized at a celebration in Burlingame, CA, on March 15. The awards are part of Intel's Supplier Continuous Improvement (SCQI) process that encourages suppliers to strive for excellence and continuous improvement.

CHANDLER, AZ - Isola Group has acquired the assets and intellectual property of Gividi-Italy, a specialty manufacturer of fiber glass cloth for the PCB industry. The company, located in Monza Italy, has revenue of over $20 million and will report to Isola Europe. The acquisition is set to be completed during the first week of Apri. Terms were not disclosed.

"This acquisition strengthens our technology platform enabling us to expand the development of proprietary finishes used for our rapidly growing high performance products segment," said Ray Sharpe, president and CEO of Isola Group. "This investment demonstrates the commitment of our shareholders to not only the printed circuit industry, but to our new product development process as well."

The new company will be renamed to Isola Fabrics S.r.l. according to Augusto Meozzi, president Europe for Isola Group.

Read more ...
Carlsbad, CA -- Asymtek, a Nordson Company, received Intel Corp.'s 2004 Supplier Continuous Quality Improvement (SCQI) award. The company was given the award for its efforts in supplying Intel with automated fluid dispensing equipment. The company also won a SCQI award in 2003.
 
Asymtek and other SCQI award winners were honored at a celebration in Burlingame, CA on March 15. Intel also recognized award winners with an advertisement in the U.S., Europe and Asian editions of the Wall Street Journal.
 
"Asymtek continues to deliver outstanding results on key programs and initiatives for Intel," said Ron Rinfret, Director of Assembly Capital Equipment Development, Intel. "For the second year in a row Asymtek has been recognized as one of the 'best of the best' suppliers at Intel.  We look forward to working with Asymtek in 2005 on additional challenging and strategic initiatives and are confident in their continued excellent support."
 
The SCQI awards are part of Intel's Supplier Continuous Quality Improvement process, which encourages key suppliers to strive for excellence and continuous improvement. 
GREENVILLE, SC -- Kemet Corp. has named electronics veteran Per-Olof Loof chief executive, effective April 4.  The company also named a new chairman.

Loof is managing partner of a New York management consulting firm. He was previously chief executive of Sensormatic Electronics, now part of Tyco. Loof also has had posts at Andersen Consulting, Digital Equipment Corporation, AT&T and NCR.
Read more ...
SAN JOSE -- Tessera Technologies today raised its financial guidance for the first quarter of 2005. The company also announced a licensing deal with Fujitsu.

Tessera now expects first quarter revenue in the range of $27.3 million to $27.5 million, as compared to previous guidance of $21.5 million to $22.0 million.

Ina press release, Tessera chairman and chief executive Bruce McWilliams said, "We are revising our guidance upwards based upon the impact of new licenses signed, as well as the overall good performance from our existing licensees in the past quarter, particularly related to devices used in computing and in personal communications."

Also, today, the company signed a technology licensing agreement with Fujitsu covering chip-scale packaging in ASICs, ASSPs and system-on-chips.

The technology includes chip-scale and multichip package types. No financial details were disclosed.
Read more ...
PHOENIX -- Suntron Corp. is using Applied Materials, claiming unfair business practices on the part of the maker of semiconductor gear. Suntron seeks over $20 million in damages.

In the suit, Suntron claims it spent millions of dollars on raw materials and other inventory-related costs as result of false promises of business from Applied Materials. The suit alleges a other unlawful acts and unfair business practices as well.

Suntron provided more than 7,000 different finished products to Applied Materials, Suntron said in a press statement. The lawsuit claims that Suntron has been left with more than $18 million worth of unused and obsolete inventory.

Read more ...
MINNEAPOLIS -- Nortech Systems Inc. reported net sales of $20.4 million for the fourth quarter ended Dec. 31, a 30% increase over last year. Net income was $202,857, versus a net loss of $155,541.

For the fiscal year, net sales at the EMS provider were up 25% to $72.7 million. Net income for year was $587,329, beating guidance, versus $633,448.

"We are very pleased with these record-setting revenue levels for Nortech in the fourth quarter and for the entire year," said Mike Degen, president and CEO. "We will use this opportunity to leverage these strong results to expand our customer base and continue to invest in the Nortech brand and our infrastructure."

Throughout the year margin pressure was strong due to higher energy costs, increased commodity prices and international competition.

Nortech guided for fiscal 2005 revenues to increase 8 to 10%, to $78 million to $80 million. Earnings per diluted share for 2005 are expected to be 30 to 35 cents.
Read more ...

SANTA CLARA, CA -- Ambitech International has sold its Silicon Valley PCB fabrication and assembly division to a group of investors. Terms were not disclosed.

Hunter Technology Corp. was acquired by Ambitech in March 2001, right at the end of the peak of the North American electronics market. Hunter has been in business for nearly 40 years.

Hunter specializes in printed circuit board fabrication and electronics assembly for high-mix products for medical, aerospace, communications and capital equipment.


BANNOCKBURN, IL - Enforcement of existing international trade agreements is the main thrust of an industry lobbying effort this spring.

IPC is coordinating a industrywide call on Congress and the Bush Administration to press China to live up to its trade agreements.

The annual event, called Capitol Hill Day, will take place May 18, in Washington, D.C.

The message is that until the administration enforces present WTO commitments, and U.S. trading partners abide by them, Congress should suspend consideration of any new trade agreements, IPC said in a press release.

"It's important to compel our trading partners to abide by the agreed upon rules of international trade, especially China, who continues to manipulate its currency for manufacturing and export advantages," says John Kania, IPC director of government relations. "We hope that by meeting with senators and representatives, we'll be able to influence national policy and legislation as it moves through Congress."

(Doug Bartlett, founding director of the U.S. Printed Circuit Alliance, discussed this topic in his keynote speech at PCB West 2005. Visit http://www.pcdandm.com/pcdmag/pdf/pcbwest05_keynote.pdf.)

For more information on the lobbying effort contact Kania at jkania@ipc.org.

DALLAS - Pintail Technologies, a provider of semiconductor test software, has
secured $7 million in venture capital funding, bringing the company's
total funding to date to $11.5 million. Austin Ventures, Agilent Ventures, Duchossois Technology Partners, IVF Ventures and STARTech Early Ventures were among the investors, Pintail said.

The new funding will be used to expand the company's worldwide sales and
support teams and to finance the development of additional test performance
improvement solutions.

Pintail's software is for mixed-signal test time acceleration, reducing field defects  and reviewing test operations.
Read more ...

Milpitas, CA, March 18 - FlexICs, an ultra-low-temperature poly silicon flexible circuit manufacturing facility, will host a WebCast equipment auction next Tuesday.

Highlights of the 500-lot auction include: Cascade Microtech probe system, (2) CHA SSB-600 sputter systems, Karl Suss MA150 mask aligner, Sopra ES4-G ellipsometer, Tegal 901e etcher, Dektak 3ST profiler, Lamda Physik 400/4038 laser system, custom-designed cluster tool with a $2.4 million original acquisition cost, plus hundreds of additional technology items.

Read more ...

Page 1183 of 1248

Don't have an account yet? Register Now!

Sign in to your account