STAMFORD, CT -- Worldwide semiconductor capital equipment spending will rocket to new heights this year before falling to earth in 2007, Gartner said in a new report. The research firm said equipment sales were on pace to jump 24.8% this year, to $42.3 billion.
However, the firm forecasts a 4.5% drop in 2007 and then a rebound in 2008.
SIDNEY, NY -- Flooding hit a Amphenol manufacturing site in upstate New York and the company says it will take $15 million to $30 million in expenses in its second quarter as a result.
According to various reports, several feet of water deluged the Sidney plant, a 600,000 sq. ft. facility which builds aerospace and industrial connectors. The plant employs about 1,500 workers and generates a reported $150 million to $200 million per year.
SAN JOSE, CA – X-line Asset Management, a provider of disposition and auction services, will conduct a second auction on behalf of Connor Winfield for the former assets of AG Communications in Genoa, IL, on July 10-12. The online liquidation includes over 200 pieces of SMT, PCB, and test and measurement equipment.
The company will also auction surplus equipment for Benchmark Electronics in Leicester, UK, on July 18. Highlighted items include 10 high-speed Siemens pick-and-place machines, three Genrad ICT testers and three DEK screen printers.
X-line is conducting this second sale in conjunction with the Branford Group and Bache Treharne.
Wellesley, MA -- The value of the worldwide conformal coatings market hit $800 million in 2005, according to a new reportfrom BCC Research. It is projected to reach $1.6 billion by 2010, an average annual growth rate of 15.2%. Key markets include semiconductors/electronics, medical devices, aerospace and automotive.
Electronics use dominated the conformal coatings market in 2005 and will continue to do so through 2010, holding 46% of the market share and growing at an AAGR of 13.6%, BCC predicts. IC barriers will drive the semiconductor and electronics sectors. Conformal coatings also find frequent use in new device packing systems and high frequency wireless consumer electronics.
Conformal coatings are used in a range of electronics applications to provide a variety of distinctive performance characteristics to components and devices.
ALAMEDA, CA -- There is a continuing disconnect between what
OEMs want and what they say they are receiving from
the contract
manufacturers that build their products. That's according to a new study by research firm Technology
Forecasters Inc.
Based on
interviews with approximately 130 managers at more than 100 OEMs, the top priority is a need for
their contract manufacturers to reduce the total cost of ownership.
SAN FRANCISCO –
North American CIOs predicted IT budgets would grow 6.9% over the next 12 months,
down from 8.6% in March, according to a June poll by Deutsche Bank and CIO
magazine. Spending projections were up in most categories but were down for data networking, storage systems and e-business applications.