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News

COLUMBIA, MD — The December Credit Managers' Index remained above the 50 mark indicating growth, rising 60 basis points to 52.9.

SKELLEFTEA, SWEDEN -- Top 50 EMS firm Note Ab will sell its operations here to optoelectronics services provider Optronic for an undisclosed amount.

PHOENIX -- Bankrupt EMS firm Three-Five Systems, once a major player in cellphone liquid crystal displays, will make a final liquidating distribution to certain stockholders and will file with the SEC to deregister its securities and complete the process to dissolve.

AUSTIN, TX — The stereoscopic 3-D display market will grow 75% to 196 million units by 2018, a new report says.

HONG KONG -- EMS provider Surface Mount Technology (Holdings) Ltd. has incorporated a new wholly owned subsidiary known as Dongguan Xinfeng Electronic Co., Ltd.

SAN JOSE -- The International Trade Commission has issued a final ruling affirming certain patents issued to Tessera Technologies, but also said that the chip package designer did not prove infringement on the part of its DRAM competitors.

BANNOCKBURN, IL — North American PWB fabricators reported shipments fell 10.8% year-over-year in November, while bookings slipped 2.2%.

AUSTIN, TX — Consumer demand for TVs continues to improve, with third-quarter shipments up year-over-year on a unit basis for the first time in a year.

TAIPEI -- Hon Hai (Foxconn) will issue $1 billion in overseas convertible bonds to pay for materials purchases.

WASHINGTON — November orders for US-built durable goods reversed an October dip, rising 0.2% to $166.9 billion on higher demand for computers and electronics.

DOUARNENEZ, FRANCE – The French government is offering one million euros in interest-free loans to entities that would take over and reestablish Asteel Flash's recently closed manufacturing site here.

Asteel closed the factory Sept. 4 and laid off the last of the 134 employees.

According to Ouest France, Finistere prefect Pascal Mailhos announced the free loans would be available to companies of Cornwall interested in reindustrializing the site.