News
NEW DELHI -- Arun Kumar, 57, president and managing director of Flextronics Software Systems died Friday night of a cardiac arrest in San Diego, reports the Times of India.
According to available information, Kumar had gone to a hospital for a regular health check up, where the doctors detected irregular heart beats and recommended immediate surgery.
In India, he headed Hughes Software Systems, India, which was later acquired by Flextronics. He was awarded the Hughes Chairman's Honour Award of Excellence in May 2000, and that September he was nominated for the Ernst & Young Entrepreneur of the Year award.
Kumar is survived by his wife Amita, and his son Kunal.
"While we all remember Arun as a visionary leader and a professional, he was first and foremost an outstanding human being," said Ash Bhardwaj, CEO of Flextronics Software Systems. "Arun had an unyielding belief that people always come first. This philosophy impacted everyone who came into contact with him, both professionally and socially. We have lost an outstanding leader, a true friend and a genuinely decent man. All of us at FSS mourn Arun's passing and extend our deepest sympathies to his family."
According to available information, Kumar had gone to a hospital for a regular health check up, where the doctors detected irregular heart beats and recommended immediate surgery.
In India, he headed Hughes Software Systems, India, which was later acquired by Flextronics. He was awarded the Hughes Chairman's Honour Award of Excellence in May 2000, and that September he was nominated for the Ernst & Young Entrepreneur of the Year award.
Kumar is survived by his wife Amita, and his son Kunal.
"While we all remember Arun as a visionary leader and a professional, he was first and foremost an outstanding human being," said Ash Bhardwaj, CEO of Flextronics Software Systems. "Arun had an unyielding belief that people always come first. This philosophy impacted everyone who came into contact with him, both professionally and socially. We have lost an outstanding leader, a true friend and a genuinely decent man. All of us at FSS mourn Arun's passing and extend our deepest sympathies to his family."
Framingham, MA -- According to a recent report from Manufacturing Insights, the APEJ (Asia Pacific excluding Japan) manufacturing industry has been recovering and gaining momentum after the initial turnaround observed in 2004. APEJ manufacturing IT spending was valued at $15 billion in 2005 and is expected to reach $22 billion in 2010, a CAGR of 7.7%.
The top three segments in terms of IT expenditure are high-tech, automotive and chemical. From a geographic perspective, the Greater China sub-region had the largest manufacturing IT spending, followed by ANZ and Korea.
The top three segments in terms of IT expenditure are high-tech, automotive and chemical. From a geographic perspective, the Greater China sub-region had the largest manufacturing IT spending, followed by ANZ and Korea.
"2005 has been a year plagued with external environmental uncertainties globally and notably in the Asian region, with high-profile events such as the repeated terrorists bombing in Bali; the Asian tsunamis and numerous other natural disasters across the region; the bird flu; rising oil price and ongoing geo-political tensions. Despite the above factors, the Asian region as a whole has continued its recovery and stabilization from the economic crises, which began in the late 1990s," says Tan Mang Teck, research director, Asia/Pacific manufacturing research. "The APEJ region will continue to be a fast growing regional economic block, powered by the emerging economic engines of China and India."
Sunnyvale, CA -- Palm admitted last week that it has stopped shipping its Treo 650 phone to Europe because the devices do not comply with the EU’s RoHS restrictions that fell into place on July 1. This was the only Palm smart phone available in Europe.
The company decided nine months ago that it would not update the product to meet the regulations, according to an IDC report published in Macworld.
ST. LOUIS—LaBarge has been awarded a $2.1 million contract by Raytheon Missile Systems to provide additional cables called seeker harnesses for the JSOW (Joint Standoff Weapon) system.
The LaBarge-built cables send electronic data signals throughout the GPS-guided weapon. In addition, LaBarge is providing cable assemblies used to perform tests for JSOW functionality.
LaBarge will perform the work at its Berryville, AR, and Joplin, MO, facilities.
The LaBarge-built cables send electronic data signals throughout the GPS-guided weapon. In addition, LaBarge is providing cable assemblies used to perform tests for JSOW functionality.
LaBarge will perform the work at its Berryville, AR, and Joplin, MO, facilities.
Melville, NY -- The North American Components (NAC) unit of Arrow Electronics and China Great Wall Computer Group have signed a partnership agreement involving manufacturing, logistics and supply of various electronic components.
According to the press release, Arrow's OEM clients can have their products assembled at Great Wall Group's facility in Shenzhen, bringing the finished products closer to the Asian market.
One of the goals of the partnership is to create a manufacturing facility in China that matches production facilities in North America. "Arrow can now ensure that customers who want to manufacturer their products overseas will have their established manufacturing practices replicated exactly, which eliminates the need to conduct inspections at multiple manufacturing sites," said Steve Ramsland, VP and general manager of Arrow OEM computing solutions, in a statement. "Our global customers now have a cost-effective way to penetrate the Asian market while maintaining the same quality standards they are accustomed to in North America."
According to the press release, Arrow's OEM clients can have their products assembled at Great Wall Group's facility in Shenzhen, bringing the finished products closer to the Asian market.
One of the goals of the partnership is to create a manufacturing facility in China that matches production facilities in North America. "Arrow can now ensure that customers who want to manufacturer their products overseas will have their established manufacturing practices replicated exactly, which eliminates the need to conduct inspections at multiple manufacturing sites," said Steve Ramsland, VP and general manager of Arrow OEM computing solutions, in a statement. "Our global customers now have a cost-effective way to penetrate the Asian market while maintaining the same quality standards they are accustomed to in North America."
As well as shifting manufacturing to China, the partnership also allows Arrow to shift a customer’s supply chain to China without the need to revamp a product’s BOM. "We can now shift the customer's component buy to China," said Jennifer Johnson, director of technical services at NAC. "When we source in North America, we had to transport parts from Asia. Now we're sourcing in the region where the manufacturing will take place."
SAN FRANCISCO -- Manufacturers of semiconductor equipment expect 2006 to be the second largest year ever for sales of new semiconductor equipment, according to a mid-year forecast by the SEMI Capital Equipment Consensus announced during SEMICON West.
Following an 11.3% decline in 2005, the equipment market will grow 18% to $38.8 billion in 2006. Survey respondents – based on interviews conducted in May and June with major equipment companies – see the market remaining flat in 2007 but resuming double-digit growth to reach $44.1 billion in 2008.
Following an 11.3% decline in 2005, the equipment market will grow 18% to $38.8 billion in 2006. Survey respondents – based on interviews conducted in May and June with major equipment companies – see the market remaining flat in 2007 but resuming double-digit growth to reach $44.1 billion in 2008.
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