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News

NEWTON, MA -- Revenue from sales of automotive electronics will fall 14.5% this year before rebounding sharply in 2010, according to new research.

SINGAPORE -- Singapore's electronics industry expanded in April for the first in six months, the Singapore Institute of Purchasing & Materials Management said.

SAN JOSE – The Semiconductor Industry Association today said that proposed changes to international tax rules such as weakening the deferral of US income taxes on the earnings of foreign subsidiaries of US companies could actually encourage the transfer of manufacturing and research and design activities offshore.

LONDON -- Sales of electronics manufacturing services in Eastern Europe topped $10 billion in 2008 and could more than double over the next five years, according to new research.

ORADEA, ROMANIA -- Plexus' manufacturing facility here is nearly complete and scheduled to come online during the third quarter, company executives said Monday.

LUXEMBOURG -- Elcoteq, the world's sixth-largest EMS firm, reported March quarter revenues fell 48% to year-over-year to 470 million euros ($626.8 million).

TEMPE, AZ -- US manufacturing activity slipped in April for the 15th consecutive month, but the rate of new orders jumped six points to its highest level since September, according to the latest poll of the nation's executives.

SAN JOSE – Worldwide semiconductor sales rose 3.3% sequentially to $14.7 billion in March, the Semiconductor Industry Association reported today.

LOS ALTOS, CA – Revenue from Industrial and Instrument electronics will fall 10% this year, despite the continuing strength of the medical market.

TEMPE, AZ – Meptec and SMTA are combining their 2009 Medical Electronics symposia.

MANKATO, MN – Winland Electronics announced first-quarter net sales of $7.2 million, up 1.7% year-over-year.

SINGAPORE – Electronics manufacturing services provider Venture Corp. reported first-quarter revenue of S$725.5 million, down 22.7% year-over-year.