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CEBU CITY, PHILIPPINES — Celestica will shutter its manufacturing plant here by the end of August and lay off 800 workers, according to local reports.
SAN JOSE -- Flextronics is among several Nortel Networks creditors calling for changes to the beleaguered telecom OEM's planned sale of certain wireless assets to Nokia Siemens Networks.
PARIS -- The electronics industry produces some €1.14 trillion worth of product last year, making it the world' second largest market, behind automotive, says a new research report.
SAN JOSE – The worldwide electronics manufacturing services market grew 12.5% last year, while the assembly market rose only 0.5%, according to Electronic Trends Publications.
2009 will see a steady drop, but the EMS market will surge again in 2010, as a result of outsourcing, says ETP.
The research firm says electronics assembly reached $964 billion last year, and will reach more than $1.2 trillion in 2013. The firm says the EMS industry will increase from $294 billion in 2008 to $435 billion in 2013.
STAMFORD, CT – Worldwide PC shipments will drop 6% in 2009 to 274 million units, says Gartner Inc. in a revised forecast.
The firm had predicted a decline of 6.6% in May, and a 9.2% drop in March.
Gartner expects a 10% decrease in the second and third quarters, but predicts growth in the fourth quarter compared to 2008.
The firm also expects shipments to increase 10.3% in 2010.
Netbooks are expected to reach 21 million units in 2009 and 30 million next year, the firm says.
Gartner forecasts mobile PC units to increase 4.1% in 2009, but expects revenue to fall 12.8%. Desktops are expected to decrease 15.7%, with a 26.6% drop in spending.
WASHINGTON – Manufactured goods orders to US factories rose 1.8% in May, matching growth in April, the Commerce Department says.
This is a strong improvement over the economists’ expectation of a 0.6% decline.
Non-defense capital goods orders were up 4.8%, the largest increase in nearly five years.
Excluding transportation, durable goods orders were up 1.1% in May. Transportation products demand rose 3.6%, with commercial aircraft orders surging 68.1%.
However, demand for motor vehicles and parts dropped 8.1%. Machinery orders increased 7.7%, and demand for computers and related products rose 9.4%, say published reports.
Nevertheless, new home sales fell 0.6% during the month, the Commerce Department says. Sales were down nearly 33% year-over-year.
Press Releases
- 4FRONT Solutions Invests in Seica’s PILOT V8 NEXT Flying Probe Tester to Enhance Test Capabilities at DeLand, FL Facility; Mike Sementelli Comments
- FRANK Elektronik invests in high-precision SMT line with ASYS machines; Robert Both Comments
- SASinno Americas Opens State-of-the-Art Facility in Washington, Missouri to Support North American Manufacturers; Mike Young Comments
- ZESTRON Hosts Webinar on “Electronic Assembly Failures, Solutions and Lessons Learned for Long Term Reliability”