SAN JOSE, Dec. 17 -- The 90-day-moving average orders for North American-based semiconductor gear manufacturers was $1.35 billion in November, 2% below the revised October levels, but 46% above last year.
"Total orders for semiconductor equipment have declined about 16% from the peak observed in June, though they remain well above levels reported one year ago," said Stanley T. Myers, president and CEO of SEMI. "The North American equipment book-to-bill ratio increased in November as billings declined at a steeper pace than bookings based on a three-month average."
The orders average matched the 90-day average for shipments, good for a book-to-bill ratio of 1.0, said the trade group SEMI.
The three-month average of worldwide billings in November was $1.34 billion, down 6% from the revised October level and up 53% from November 2003.
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.
JASPER, IN, Dec. 16 -- Kimball Electronics Group today named Steve Korn subsidiary vice president, business development, responsible for new customers.
Korn has spent the last 17 years with Sanmina-SCI, where he has held positions as engineering manager, marketing manager, production manager and vice president and plant manager.
Korn has a bachelor's in mechanical engineering from the South Dakota School of Mines and Technology.
Kimball is a contract electronics manufacturing services company with manufacturing operations located in Indiana, Mexico, Poland and Thailand.
MELVILLE, NY, Dec. 15 -- Components distributor Nu Horizons Electronics Corp. today said it has expanded its agreement with Clare Inc. to cover sales of solid-state relays and high voltage ICs in Asia.
The new deal covers Malaysia, China, the Philippines, Singapore and Thailand.
The companies have an existing pact covering North America distribution.
"Nu Horizons has built a successful demand creation model and stable Asian distribution program, which were the two key factors in expanding our partnership," said Mark Heisig, vice president and general manager of Clare. "We look forward to collaborating to improve our product design capabilities, while broadening our global distribution network."
LAFOX, IL, Dec. 17 -- Richardson Electronics has acquired assets from Evergreen Trading Co. Ltd., a distributor of power components in China.
"Evergreen has been able to realize exponential growth in the Chinese power conversion market through their longstanding relationships with customers in the UPS and industrial markets," said Murray Kennedy, executive vice president and general manager of Richardson's Industrial Power Group, in a statement.
Richardson provides power components.
Evergreen supplies power components and devices to small- to medium-sized companies in China.
SAN JOSE, Dec. 17 -- Sanmina-SCI Corp. said it will delay filing its Form 10-K for the fiscal year ended Oct. 2, and may revise its results to include a charge of up to 3 cents a share.
In a press release today, the EMS company said the delay stemmed from the need to review accounts at one of its plants.
The company said it had substantiated the questionable accounts but that its independent auditor had yet to sign off.
The company said it filed for a 15-day extension for the 10-K. It expects to file by the end of the calendar year.
ROCHESTER, MN, Dec. 16 -- Pemstar Inc. today named Roy A. Bauer president and chief operating officer. The EMS firm also named Bauer to its board of directors.
He succeeds Al Berning, who remains chairman and chief executive officer.
Bauer was executive vice president and chief operating officer of Pemstar.
"We brought Roy on board in 2001 for his extensive industry and global operational experience. He's a tremendous asset and promoting him to president is recognition of his performance, abilities and potential," said Berning, in a press release.
Bauer was chief executive of Key Teknowledgy Corp., and spent 20 years at IBM in manufacturing, product development and quality management.
Bauer has a bachelor's degree in industrial science from the University of Wisconsin-Stout.
Pemstar is a provider of engineering, product design, manufacturing and fulfillment services.