News
OAK BROOK, IL – A coterie of leading semiconductor experts today said looming market concerns over higher oil prices, the U.S. mortgage crisis and fears of a possible recession make the outlook for consumer spending a cautious one. The market is slipping slowly, the panel said, but there is hesitant optimism for overall growth.
EL SEGUNDO, CA -- A leading research firm today lowered its outlook for electronics equipment, although the revised growth remains solid for 2008.
BANGKOK – EMS provider Fabrinet has completed construction of a 300,000 sq. ft. addition to its Pinehurst optical manufacturing complex near Bangkok, and has commenced operations there.
PARIS – ASTEEL will acquire Flash Electronics in an all-stock deal, forming an EMS company with some $750 million in annual sales, the companies announced today.
SANTA ANA, CA – Christopher Associates announced delivery of its 100th Koh Young solder paste inspection system in North America.
The equipment was sent to a supplier of embedded computing systems in Huntsville, AL.
Christopher began selling the Koh Young product line in the U.S. in May 2005.
There are now more than 450 Koh Young systems installed worldwide.
The equipment was sent to a supplier of embedded computing systems in Huntsville, AL.
Christopher began selling the Koh Young product line in the U.S. in May 2005.
There are now more than 450 Koh Young systems installed worldwide.
MANKATO, MN — Winland Electronics chairman Thomas J. de Petra has been named interim CEO and president, effective Jan. 2. He succeeds Lorin Krueger, who is retiring. The board hopes to have a permanent successor by the end of the first quarter, the company said in a press statement.
"We have made progress in the search to recruit a permanent replacement, but as we grow closer to Jan. 2, we wanted to put a transition process in place," de Petra said.
de Petra has been chairman since October 2006 and a director since 1994.
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