News
SHENZHEN, CHINA – China's two leading telecom equipment providers, Huawei TechnologiesZTE Corp., are planning to build new manufacturing and R&D bases to speed up domestic and global expansion.
Huawei will spend a reported $517 million on a base in Dongguan. The company will build the base in phases, the first of which will be ready early next year. When fully operational, the cluster of factories will account for several billion dollars worth of Huawei's revenue, according to local media.
Huawei will spend a reported $517 million on a base in Dongguan. The company will build the base in phases, the first of which will be ready early next year. When fully operational, the cluster of factories will account for several billion dollars worth of Huawei's revenue, according to local media.
Huawei is also building a similar base in Langfang to be finished in July. It is also expected to generate billions in revenue.
ZTE is building a national R&D and manufacturing park in Shenzhen to expand its presence in cellphones. The park will cover 440,000 sq. meters and employ 15,000 workers.
BRUSSELS – The European Commission is requesting comments on the RoHS Directive in preparation for a revision most likely to be presented in 2008.
The EC will review measures provided for in the Directive, taking into account scientific evidence, according to an official announcement. The deadline for comments is May 22.
The EC will review measures provided for in the Directive, taking into account scientific evidence, according to an official announcement. The deadline for comments is May 22.
RANCHO SANTA MARGARITA, CA – Valor Computerized Systems today named Dan Weitzman president of its Americas operations. Weitzman has more than 11 years’ experience in software sales and management and has been interim president for Valor Americas for the past six months. Prior to joining Valor in 1999, Weitzman held various sales and marketing positions at Viewlogic Systems and VeriBest Corp. He holds a bachelor’s from the University of Massachusetts at Amherst.
CLINTON, NY – Indium Corp. promoted Ross Berntson to vice president of its solder products business unit, responsible for sales and technical services for printed circuit board assembly, semiconductor packaging, engineered solders and thermal interface materials. Berntson joined Indium in 1996 as a product specialist and was previously director of the solder products business unit. He is active in several industry consortia including the IPC Solder Products Value Council. Bernston has a bachelor’s in chemistry and master’s in teaching and business administration from Cornell University.
EL SEGUNDO, CA – Sales of broadband equipment are expanding at a robust pace, with factory revenue set to hit $15.1 billion worldwide by 2011, a CAGR of 6.2%, according to iSuppli Corp.
Broadband equipment sales were $11.2 billion in 2006, as users are opting for faster access to the Web. Household broadband is expected to exceed 50% in the U.S. and Japan for the first time this year, and will do so in Europe in 2008, iSuppli predicts. Global broadband subscribers will grow to 622.7 million by 2011, more than double the 270.4 million in 2006. “ADSL remained the leading broadband technology around the world in 2006, with 72% of the subscribers, while cable modems ended 2006 with 22%,” said Steve Rago, iSuppli principal analyst. “The ADSL market is headed for a major inflection point … This has happened in Japan already, as many service providers have migrated to fiber-to-the-home (FTTH) technology, which offers a 15-times increase in bandwidth compared to ADSL.”
ALBUQUERQUE, NM – Delta Group Electronics has purchased the assets of Sanford, FL-based electronics manufacturing services supplier Singletec Inc. No financial terms were disclosed.
Press Releases
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- Hon Hai Technology Group (Foxconn) Commits To New 5-Year Sustainability Roadmap Through 2030
- Amtech Electrocircuits Navigates Supreme Court Tariff Ruling