HONG KONG — Wong’s Kong King (WKK) Distribution Ltd. and Source Electronics have opened their first joint programming facility, in Hong Kong. The two companies plan to open a programming center in the Shanghai area and in two more undisclosed locations in the near future. Hong Kong-based WKK Distribution is an electronics equipment and materials distribution company. Source Electronics provides IC programming and testing to assemblers and semiconductor manufacturers.
SEOUL -- Samsung has agreed to pay $90 million for its role in fixing prices on DRAM devices. Samsung was among several chipmakers under federal investigation for allegedly colluding on DRAM pricing.
More than $730 million in fines have been levied and four companies -- Samsung, Elpida Memory, Infineon
and Hynix -- have pled guilty.
ANGLETON, TX -- Benchmark Electronics' fourth-quarter profit rose 15% to $28.3 million over the same period last year. The EMS provider's sales were up 18% to $737.3 million.
LITTLETON, MA - VJ Electronix has acquired Precision Manufacturing Tools, a manufacturer of Pb-free-capable rework systems for area array CSP and discrete components. Terms were not disclosed VJ Electronix will move manufacturing, primary engineering and customer support for Seabrook, NH-based Precision’s PMT-800 and PMT-400 product lines to its Littleton, MA, facility.
EL SEGUNDO, CA – After increasing its holdings of excess semiconductors during the first half of the year, the electronics supply chain finished 2006 with its highest level of end-of-year overstock in five years, says iSuppli.
ATLANTA – The Surface Mount Technology Association Atlanta Chapter announced a free panel session, Busting the Myths of Supply Chain Management, will be featured April 19 at the chapter’s annual trade show. Panelists are Wendy Causey from Arrow Electronics, Chris Ellsworth from World Micro Components and David Scruggs of New Age Electronics. The one-hour session will discuss the three main layers of the supply channel: the manufacturer’s rep, the franchise distributor and the hybrid distributor. The SMTA Expo is a free, one-day event on April 19 at the Gwinnett Civic Center in Duluth, GA. For information on exhibiting or attending, visit http://smta.org/education/vendor_days/vendor_days.cfm.