News
SAN JOSE – The industry is at an interesting time in history because macroeconomics is struggling, yet the semiconductor market will continue to grow over the next three years, the president of the Semiconductor Industry Association said today.
In its semiannual forecast, the trade group today lowered its 2008 outlook for overall IC growth to 3.9%, citing continuing woes for memory chips.
In its semiannual forecast, the trade group today lowered its 2008 outlook for overall IC growth to 3.9%, citing continuing woes for memory chips.
ARLINGTON, VA – Electronic component orders bounced back in May after a dip in April, while the 12-month average remains relatively flat, says the Electronic Components Association.
The industry remains strong, despite economic problems facing the US. Bill Mitchell, chairman and CEO of Arrow Electronics, said reasons to be optimistic include increasing electronics content pervading consumer’s lives and commerce; $1 trillion in spending in defense and aerospace industries; a 3% growth in lighting each year through 2012, with the LED market tripling in size; $86 billion spent in life-enhancing technologies for health care, and increased spending in transportation to accommodate a growing population and produce new breeds of fuel-efficient vehicles.
The industry remains strong, despite economic problems facing the US. Bill Mitchell, chairman and CEO of Arrow Electronics, said reasons to be optimistic include increasing electronics content pervading consumer’s lives and commerce; $1 trillion in spending in defense and aerospace industries; a 3% growth in lighting each year through 2012, with the LED market tripling in size; $86 billion spent in life-enhancing technologies for health care, and increased spending in transportation to accommodate a growing population and produce new breeds of fuel-efficient vehicles.
“While the electronics industry is inextricably connected to the health of the overall economy, there are many more positive drivers for electronic components,” says Bob Willis, ECA president. “Our industry is certainly not immune to downturns, but so far we’re staying on course for around 6% growth this year.”
CLEVELAND – Agilent Technologies said nearly 100 people attended at its annual Board Test user group meeting in Ohio in early May.
Agilent's Board Test user groups are a forum where users converse about AOI, automated x-ray inspection and ICT gear.
Agilent's Board Test user groups are a forum where users converse about AOI, automated x-ray inspection and ICT gear.
For information about future meetings, visit www.agilent.com/find/atug.
SEOUL – LG Electronics is considering outsourcing its handset manufacturing, a company spokesman said yesterday. The company, the world's fourth-largest cellphone OEM, is eyeing Flextronics and Foxconn as possible partners.
ST. LOUIS – LaBarge Inc. received an additional $1.5 million in orders from Northrop Grumman to produce electronics assemblies for the AN/ALQ-135 radar jammer system.
THIEF RIVER FALLS, MN – Digi-Key Corp. has been awarded Atmel Corp.’s Distributor of the Year Award for outstanding performance in 2007.
A presentation was made at Atmel’s annual sales conference.
"Digi-Key is not only our fastest growing distributor, but their success in supplying the engineering community with a record number of design and development tools is truly an indicator of why they were chosen for this award," said Dave Esto, senior director of Americas distribution for Atmel.
Atmel researches, designs, manufactures and markets semiconductors, including microcontroller, nonvolatile memory, logic, secure, mixed analog/digital, radio frequency and sensor ICs.
A presentation was made at Atmel’s annual sales conference.
"Digi-Key is not only our fastest growing distributor, but their success in supplying the engineering community with a record number of design and development tools is truly an indicator of why they were chosen for this award," said Dave Esto, senior director of Americas distribution for Atmel.
Atmel researches, designs, manufactures and markets semiconductors, including microcontroller, nonvolatile memory, logic, secure, mixed analog/digital, radio frequency and sensor ICs.
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