News
SAN JOSE -- SEMI, the trade group for semiconductor materials and equipment suppliers, is lobbying for a extension of the R&D tax credit through 2007.
The previous tax credit expired Dec. 31, 2005. The current proposal would extend it through 2007 and apply it retroactively.
Prior to its summer recess, House leaders attached the credit to the so-called “trifecta” legislative package. While the House approved this package, which includes an estate tax reduction and a minimum wage increase, the Senate did not move to a vote and it is unclear how the body will move during the fall session.
SEMI calls the tax credit "an important component of American competitiveness," and encourages its members to push Congress to enact the credit.
The previous tax credit expired Dec. 31, 2005. The current proposal would extend it through 2007 and apply it retroactively.
Prior to its summer recess, House leaders attached the credit to the so-called “trifecta” legislative package. While the House approved this package, which includes an estate tax reduction and a minimum wage increase, the Senate did not move to a vote and it is unclear how the body will move during the fall session.
SEMI calls the tax credit "an important component of American competitiveness," and encourages its members to push Congress to enact the credit.
EL SEGUNDO, CA — Nokia and Motorola will up their semiconductor spending by the highest percentage among the world’s top-10 OEM chip buyers in 2005 and 2006, iSuppli Corp. predicts.
Nokia, the top seller of mobile phones, will boost chip spending 15.1% in 2006, up from 12.7 %p last year. Motorola, which ranks second, is projected to increase semiconductor purchasing 14.5% this year from 20.7% in 2005.
METHUEN, MA – EMS provider Proxy Manufacturing has been certified as a qualified HUBZone small business concern by the U.S. Small Business Administration.
The SBA’s HUBZone Empowerment Contracting Program seeks to create jobs and stimulate economic development in urban and rural communities that have been designated as historically underutilized business zones.
Certification is awarded to small businesses that, among other qualifications, maintain a principal office in a HUBZone and employ staff that lives in one of these specially designated areas. Proxy’s certification means that it is now eligible to receive HUBZone contracting opportunities under the North American Industry Classification System (Code 334418, Printed Circuit Assembly (Electronic Assembly) Manufacturing.
Proxy can also receive contracts that it is qualified to perform under other NAICS Codes.
“This certification provides Proxy access to preferred federal contracts and the opportunity, said Shawn Foy, president . “In addition, we can help customers who are large federal contractors meet their HUBZone subcontracting goals.”
The SBA’s HUBZone Empowerment Contracting Program seeks to create jobs and stimulate economic development in urban and rural communities that have been designated as historically underutilized business zones.
Certification is awarded to small businesses that, among other qualifications, maintain a principal office in a HUBZone and employ staff that lives in one of these specially designated areas. Proxy’s certification means that it is now eligible to receive HUBZone contracting opportunities under the North American Industry Classification System (Code 334418, Printed Circuit Assembly (Electronic Assembly) Manufacturing.
Proxy can also receive contracts that it is qualified to perform under other NAICS Codes.
“This certification provides Proxy access to preferred federal contracts and the opportunity, said Shawn Foy, president . “In addition, we can help customers who are large federal contractors meet their HUBZone subcontracting goals.”
SAN JOSE -- Flextronics will acquire International DisplayWorks, a designer and manufacturer of LCDs and other components for handheld and industrial products, in an all-stock deal valued at $300
million.
The transaction is subject to customary closing conditions,
including IDW stockholder approval and certain regulatory approvals, and is expected to close in the fourth quarter.
SAN JOSE – July sales of semiconductors were up up 11.5% worldwide to $20.1 billion, the Semiconductor Industry Association
reported today. July’s sales were up 1.8% over June, and continued the record pace.
“The worldwide semiconductor industry is on track to surpass $240 billion in sales this year, which represents a new record,” said SIA president George Scalise. “Growth continues to be strong across a broad range of end markets and geographic regions as well, particularly Asia Pacific which is up over 13% year-on-year, and the U.S., where sales increased almost 18% over last year."
“The worldwide semiconductor industry is on track to surpass $240 billion in sales this year, which represents a new record,” said SIA president George Scalise. “Growth continues to be strong across a broad range of end markets and geographic regions as well, particularly Asia Pacific which is up over 13% year-on-year, and the U.S., where sales increased almost 18% over last year."
EL SEGUNDO, CA — Intel Corp. experienced a dramatic decline in semiconductor revenue in the second quarter and posted its lowest quarterly market share in more than four years, according to a new ranking from iSuppli Corp.
Following an increase in its revenue and market share in 2005, the world’s largest chipmaker in the second quarter saw its semiconductor revenue fall 12.8% sequentially and its share of the global chip market shrink to 11.4%, down from 13.2% in the first quarter.
That is the lowest share for Intel since iSuppli began tracking quarterly semiconductor market shares in the first quarter 2002.
“Following such an impressive 2005, this represents a major reversal of fortune for Intel,” said Dale Ford, vice president of market intelligence services at iSuppli. “However, Intel’s recent actions show it understands the need to improve its efficiency and sharpen its focus on its core business of microprocessors and integrated circuits for computing systems.”
Top-10 Semiconductor Suppliers, Q2 2006 (in US$ millions)
Q2 2006 Revenue %Change
1. Intel 7,095 -12.4%
2. Samsung 4,481 1.5%
3. TI 3,175 5.2%
4 . STM 2,495 5.6%
5. Toshiba 2,328 0.5%
6 . Renesas 2,081 6.0%
7 . Hynix 1,694 17.1%
8 . Philips 1,534 4.4%
9 . Freescale 1,527 4.2%
10. NEC 1,380 -0.4%
Others 34,462 2.9%
Following an increase in its revenue and market share in 2005, the world’s largest chipmaker in the second quarter saw its semiconductor revenue fall 12.8% sequentially and its share of the global chip market shrink to 11.4%, down from 13.2% in the first quarter.
That is the lowest share for Intel since iSuppli began tracking quarterly semiconductor market shares in the first quarter 2002.
“Following such an impressive 2005, this represents a major reversal of fortune for Intel,” said Dale Ford, vice president of market intelligence services at iSuppli. “However, Intel’s recent actions show it understands the need to improve its efficiency and sharpen its focus on its core business of microprocessors and integrated circuits for computing systems.”
Top-10 Semiconductor Suppliers, Q2 2006 (in US$ millions)
Q2 2006 Revenue %Change
1. Intel 7,095 -12.4%
2. Samsung 4,481 1.5%
3. TI 3,175 5.2%
4 . STM 2,495 5.6%
5. Toshiba 2,328 0.5%
6 . Renesas 2,081 6.0%
7 . Hynix 1,694 17.1%
8 . Philips 1,534 4.4%
9 . Freescale 1,527 4.2%
10. NEC 1,380 -0.4%
Others 34,462 2.9%
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