News
SUZHOU, CHINA – Phihong Technology has opened a $30 million, one million sq. ft. production plant in Suzhou. The facility, sited five miles from Phihong’s existing plant, will house up to 50 production lines, employ more than 9,000 workers, and will reportedly manufacture up to 50 million power supplies per month. The facility will manufacture power supplies, adapters and other electronics equipment.
TORONTO -- Celestica lowered its fourth-quarter revenue estimate about 9% to $2.20 billion to $2.25 billion for the period ending Dec. 31, due to in drops in demand from several customers.
On Oct. 26, the EMS firm had guided for revenue of $2.25 billion to $2.45 billion.
On Oct. 26, the EMS firm had guided for revenue of $2.25 billion to $2.45 billion.
ST. LOUIS -- LaBarge Inc. has won a contract to produce assemblies for Lockheed Martin's naval surface
weapon system. No financial details were disclosed.
Production is expected to begin in July 2007 and continue through April 2008.
ELK GROVE VILLAGE, IL -- SigmaTron International reported revenues rose 29% to $44.9 million in the October quarter over the prior year. Net
income dropped 42% to $708,011.
BANNOCKBURN, IL -- The IPC today will announce plans to produce an electronics assembly trade show outside Chicago next fall.
The show will take place the week of September 24, 2007, in Schaumburg, IL, a Chicago suburb. It is backed by the SMEMA Council, a group of major assembly equipment OEMs and an adjunct of IPC. The official name of the show is the IPC Midwest Conference & Exhibition, although some are casually referring to it as Apex Midwest.
The show will take place the week of September 24, 2007, in Schaumburg, IL, a Chicago suburb. It is backed by the SMEMA Council, a group of major assembly equipment OEMs and an adjunct of IPC. The official name of the show is the IPC Midwest Conference & Exhibition, although some are casually referring to it as Apex Midwest.
TOKYO – Global sales of ICs rose 11.3% to $261.4 billion in 2006, driven by demand for DRAM memory chips and devices used in mobile phones, research firm Gartner said. Intel remained the market leader, with sales of $31.3 billion, good for a 12% share. However, the chipmaker’s revenue fell 9.5% year-over-year. Samsung Electronics expanded its share to 7.9% this year, as sales increased 12.4% to $20.6 billion. Said Jeremey Donovan, research director at Gartner, "Outside of DRAM, wireless semiconductor sales once again drove strong performance in the industry." Third place Texas Instruments’ sales jumped 17.4% to $11.9 billion, or 4.5% market share, Gartner said. Infineon Technologies jumped to fourth from seventh last year, growing 29% to $10.6 billion. Toshiba fell to fifth from fourth despite an increase in sales of 9.9%, to $9.9 billion.
Press Releases
- RBB Welcomes Shawn Myers as Engineering Project Manager
- ECIA’s Market Sentiment Index Average Hits Five-Year High in June Industry Pulse Survey
- Incap Slovakia invests in cleanroom capability to support semiconductor manufacturing requirements
- Orbit Technologies accelerates growth and doubles production capacity with Europlacer iineo placement machine