Wavics was founded in 2000 and is privately held. It employs approximately
55 people,
GUANGDONG PROVINCE, CHINA -- Are wages among factory workers in China about to rise? Reports from several news sources seem to indicate that a massive shortage of manpower coupled with modest inflation of the national currency will lead to higher costs for manufacturers later this year.
Global Sources this week said that inflation is ahead due to anticipated appreciation of the China's currency, the yuan, against the U.S. dollar. The timing is especially bad for the region, which has endured steady price inflation and flat wages. Local companies are facing persistent labor shortages and China has been recording more than 2 million vacancies annually, Global Sources said.
Separately, a report today said the local government is set to raise salaries for workers by 16.7%, to $70 a month.
SAN JOSE -- The 90-day moving average sales of North
American-based semiconductor equipment manufacturers was $1.24 billion in December, good for a book-to-bill of
0.95, according to SEMI.
For the month $95 worth of orders were received for
every $100 of product billed.
The three-month average of global bookings in December was $1.24 billion, down 7% from revised November figures but up 4.6% year-on-year.
Global billings were $1.31 billion, down 2.6% from November and up 36% percent from a year ago.
"Based on these preliminary figures, we now expect
worldwide sales of new semiconductor equipment by North American suppliers to
total $16.5 billion in 2004, an increase of more than 60% over the prior
year," said Stanley T. Myers, president and CEO of SEMI. "The cyclic
bookings peak occurred in June 2004 and total bookings in December are 23%
below that level."
SAN JOSE, Calif., January 20, 2005 -- North American-based manufacturers of semiconductor equipment posted $1.24 billion in orders in December 2004 (three-month average basis) and a book-to-bill ratio of 0.95 according to the December 2004 Book-to-Bill Report published today by SEMI. A book-to-bill of 0.95 means that $95 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in December 2004 was $1.24 billion. The bookings figure is seven percent below the revised November 2004 level of $1.33 billion and 4.6 percent above the $1.18 billion in orders posted in December 2003.
The three-month average of worldwide billings in December 2004 was $1.31 billion. The billings figure is 2.6 percent below the revised November 2004 level and 36 percent above the December 2003 billings level of $963 million.
"Based on these preliminary figures, we now expect worldwide sales of new semiconductor equipment by North American suppliers to total $16.5 billion in 2004, an increase of more than 60 percent over the prior year," said Stanley T. Myers, president and CEO of SEMI. "The cyclic bookings peak occurred in June 2004 and total bookings in December are 23 percent below that level."
The SEMI book-to-bill is a ratio of three-month moving averages of worldwide bookings and billings for North American-based semiconductor equipment manufacturers. Billings and bookings figures are in millions of U.S. dollars.
SAN JOSE, Calif., January 20, 2005 -- North American-based manufacturers of semiconductor equipment posted $1.24 billion in orders in December 2004 (three-month average basis) and a book-to-bill ratio of 0.95 according to the December 2004 Book-to-Bill Report published today by SEMI. A book-to-bill of 0.95 means that $95 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in December 2004 was $1.24 billion. The bookings figure is seven percent below the revised November 2004 level of $1.33 billion and 4.6 percent above the $1.18 billion in orders posted in December 2003.
The three-month average of worldwide billings in December 2004 was $1.31 billion. The billings figure is 2.6 percent below the revised November 2004 level and 36 percent above the December 2003 billings level of $963 million.
"Based on these preliminary figures, we now expect worldwide sales of new semiconductor equipment by North American suppliers to total $16.5 billion in 2004, an increase of more than 60 percent over the prior year," said Stanley T. Myers, president and CEO of SEMI. "The cyclic bookings peak occurred in June 2004 and total bookings in December are 23 percent below that level."
The SEMI book-to-bill is a ratio of three-month moving averages of worldwide bookings and billings for North American-based semiconductor equipment manufacturers. Billings and bookings figures are in millions of U.S. dollars.
SAN JOSE, Calif., January 20, 2005 -- North American-based manufacturers of semiconductor equipment posted $1.24 billion in orders in December 2004 (three-month average basis) and a book-to-bill ratio of 0.95 according to the December 2004 Book-to-Bill Report published today by SEMI. A book-to-bill of 0.95 means that $95 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in December 2004 was $1.24 billion. The bookings figure is seven percent below the revised November 2004 level of $1.33 billion and 4.6 percent above the $1.18 billion in orders posted in December 2003.
The three-month average of worldwide billings in December 2004 was $1.31 billion. The billings figure is 2.6 percent below the revised November 2004 level and 36 percent above the December 2003 billings level of $963 million.
"Based on these preliminary figures, we now expect worldwide sales of new semiconductor equipment by North American suppliers to total $16.5 billion in 2004, an increase of more than 60 percent over the prior year," said Stanley T. Myers, president and CEO of SEMI. "The cyclic bookings peak occurred in June 2004 and total bookings in December are 23 percent below that level."
The SEMI book-to-bill is a ratio of three-month moving averages of worldwide bookings and billings for North American-based semiconductor equipment manufacturers. Billings and bookings figures are in millions of U.S. dollars.
SAN JOSE, Calif., January 20, 2005 -- North American-based manufacturers of semiconductor equipment posted $1.24 billion in orders in December 2004 (three-month average basis) and a book-to-bill ratio of 0.95 according to the December 2004 Book-to-Bill Report published today by SEMI. A book-to-bill of 0.95 means that $95 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in December 2004 was $1.24 billion. The bookings figure is seven percent below the revised November 2004 level of $1.33 billion and 4.6 percent above the $1.18 billion in orders posted in December 2003.
The three-month average of worldwide billings in December 2004 was $1.31 billion. The billings figure is 2.6 percent below the revised November 2004 level and 36 percent above the December 2003 billings level of $963 million.
"Based on these preliminary figures, we now expect worldwide sales of new semiconductor equipment by North American suppliers to total $16.5 billion in 2004, an increase of more than 60 percent over the prior year," said Stanley T. Myers, president and CEO of SEMI. "The cyclic bookings peak occurred in June 2004 and total bookings in December are 23 percent below that level."
The SEMI book-to-bill is a ratio of three-month moving averages of worldwide bookings and billings for North American-based semiconductor equipment manufacturers. Billings and bookings figures are in millions of U.S. dollars.
SAN JOSE, Calif., January 20, 2005 -- North American-based manufacturers of semiconductor equipment posted $1.24 billion in orders in December 2004 (three-month average basis) and a book-to-bill ratio of 0.95 according to the December 2004 Book-to-Bill Report published today by SEMI. A book-to-bill of 0.95 means that $95 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in December 2004 was $1.24 billion. The bookings figure is seven percent below the revised November 2004 level of $1.33 billion and 4.6 percent above the $1.18 billion in orders posted in December 2003.
The three-month average of worldwide billings in December 2004 was $1.31 billion. The billings figure is 2.6 percent below the revised November 2004 level and 36 percent above the December 2003 billings level of $963 million.
"Based on these preliminary figures, we now expect worldwide sales of new semiconductor equipment by North American suppliers to total $16.5 billion in 2004, an increase of more than 60 percent over the prior year," said Stanley T. Myers, president and CEO of SEMI. "The cyclic bookings peak occurred in June 2004 and total bookings in December are 23 percent below that level."
The SEMI book-to-bill is a ratio of three-month moving averages of worldwide bookings and billings for North American-based semiconductor equipment manufacturers. Billings and bookings figures are in millions of U.S. dollars.
Thin-film technologies continue to evolve and their use is broadening as component manufacturers are considering replacing conventional thick-film processes to manufacture smaller components and parts. Reason: thin-films permit new families of products, modifying and enhancing the properties of bulk material by the deposition of a top thin layer having different composition and morphology, says a new study from Business Communications Co.
Global sales of thin-film raw materials hit $7.1 billion in 2004, estimates say, and are projected to reach $13.5 billion by 2009, an average annual growth rate of 13.7%, BCC says.
Chemical deposition methods (chemical vapor deposition, chemical solution deposition, plating type methods) accounts for over 70% of the global market for thin-film raw materials, driven by large sales of plating chemicals. Electronics accounts for 66% of total sales.
Sales of thin-film materials for chemical processes increased during 2002-04 from $4.1 billion to $5.1 billion, and are expected to show an AAGR of 12.9% over the next five years, reaching $9.3 billion by 2009.
Raw materials for physical processes (evaporation, sputter deposition and ionic deposition) rose to 28.6% from 24.8% of the total market for thin-film materials from 2002-04. Sales are projected to reach $4.2 billion by 2009, an AAGR of 15.7%.