News
ANGLETON, TX -- Benchmark Electronics Inc. on Monday completed its purchase of Pemstar Inc. after the boards of both companies signed off on a final agreement.
Benchmark, the world's 8th largest electronics manufacturing services company, paid 0.16 of a Benchmark share for each Pemstar share. Shares of Pemstar last closed at $3.98 Friday on the Nasdaq exchange.
Benchmark, the world's 8th largest electronics manufacturing services company, paid 0.16 of a Benchmark share for each Pemstar share. Shares of Pemstar last closed at $3.98 Friday on the Nasdaq exchange.
ARLINGTON, VA -- Factory-to-dealer sales of consumer electronics are projected to top $155 billion in 2007, up 7%, according to the Consumer Electronics Association.
"We're on track for another year of healthy growth," said CEA President and CEO Gary Shapiro. "We surpassed original projections for the second year in a row, and the industry outlook is proof-positive Americans can't do without their beloved consumer electronics."
CE sales hit $145 billion in 2006, up 13%, the CEA said. 2006's results topped the CEA's initial forecast of 8% growth.
CEA predicts displays will continue to fuel industry growth in 2007. "The TV market is setting all-time revenue records. CRT-based sets are giving way to flat panel displays," CEA said, forecasting $22 billion in revenue. Flat panel displays are expected to ship a combined 19 million units.
Holiday sales of game consoles will lift revenues 23% to $16 billion in 2007. MP3 players will account for 90% of the $6 billion portable entertainment market, with unit sales rising to 41 million from 34 million last year.
Shipments of portable navigation and GPS devices reached 2 million units in 2006, up 66%, and are expected to top 3 million units this year, good for $1 billion in revenues.
In 2006, shipment volumes of laptops eclipsed desktops. CE accessory sales also will grow in 2007, to the tune of $11 billion, in large part due to an overall consumer emphasis on portability. Total digital imaging shipments are expected to exceed 32 million units, with revenues projected to reach $8 billion, making 2006 and 2007 the best revenue years for this category.
"We're on track for another year of healthy growth," said CEA President and CEO Gary Shapiro. "We surpassed original projections for the second year in a row, and the industry outlook is proof-positive Americans can't do without their beloved consumer electronics."
CE sales hit $145 billion in 2006, up 13%, the CEA said. 2006's results topped the CEA's initial forecast of 8% growth.
CEA predicts displays will continue to fuel industry growth in 2007. "The TV market is setting all-time revenue records. CRT-based sets are giving way to flat panel displays," CEA said, forecasting $22 billion in revenue. Flat panel displays are expected to ship a combined 19 million units.
Holiday sales of game consoles will lift revenues 23% to $16 billion in 2007. MP3 players will account for 90% of the $6 billion portable entertainment market, with unit sales rising to 41 million from 34 million last year.
Shipments of portable navigation and GPS devices reached 2 million units in 2006, up 66%, and are expected to top 3 million units this year, good for $1 billion in revenues.
In 2006, shipment volumes of laptops eclipsed desktops. CE accessory sales also will grow in 2007, to the tune of $11 billion, in large part due to an overall consumer emphasis on portability. Total digital imaging shipments are expected to exceed 32 million units, with revenues projected to reach $8 billion, making 2006 and 2007 the best revenue years for this category.
SANTA CLARA, CA — Direct Logix and the AberdeenGroup are surveying EDA end-users on software-assisted engineering products. The survey aims to understand how end-users use available software in designs, and to discover whether the available tools meet their needs.
Results will be gathered and formulated into a report by the AberdeenGroup in late January. Visit http://www.aberdeen.com/survey/eda-dlogix/ to participate in the survey.
Results will be gathered and formulated into a report by the AberdeenGroup in late January. Visit http://www.aberdeen.com/survey/eda-dlogix/ to participate in the survey.
EL SEGUNDO, CA -- Surplus semiconductor inventories rose again in the fourth quarter of 2006, meaning that excess stockpiles are likely to linger through 2007, iSuppli Corp. predicted today. The research firm was quick to dispel concerns that the stockpiles are worsening or will hamper market growth, however.
Preliminary estimates show excess chip inventories swelled to $4.3 billion in the fourth quarter, up 4.9% sequentially.
Preliminary estimates show excess chip inventories swelled to $4.3 billion in the fourth quarter, up 4.9% sequentially.
THIEF RIVER FALLS, MN – Digi-Key and Cree have signed a global distribution agreement for Cree’s silicon carbide-based power devices.
Cree manufactures silicon carbide semiconductors. Digi-Key stocks Cree’s Schottky diodes with voltage ratings reportedly ranging from 300V to 1200V and current ratings from 1A to 20A.
Cree manufactures silicon carbide semiconductors. Digi-Key stocks Cree’s Schottky diodes with voltage ratings reportedly ranging from 300V to 1200V and current ratings from 1A to 20A.
HANOI -- Foxconn, the world's largest contract manufacturer, will invest up to $1 billion toward a large industrial park in Vietnam, according to published reports.
"Vietnam has become a very efficient country for production and it will become a major production area for us outside of China," Hon Hai spokesman Edmund Ding told Reuters.
Previous reports indicated the company plans a massive (50 hectacre) park where it would build computer, communications and consumer electronics.
The Commercial Times quoted Ding as saying chairman Terry Guo decided to look into Vietnam after going there himself on a business trip late last year.
Vietnam is becoming an attractive spot for locating production. Taiwan's leading telecom company, Chunghwa Telecom Co. Ltd., reportedly studying the nation as well.
"Vietnam has become a very efficient country for production and it will become a major production area for us outside of China," Hon Hai spokesman Edmund Ding told Reuters.
Previous reports indicated the company plans a massive (50 hectacre) park where it would build computer, communications and consumer electronics.
The Commercial Times quoted Ding as saying chairman Terry Guo decided to look into Vietnam after going there himself on a business trip late last year.
Vietnam is becoming an attractive spot for locating production. Taiwan's leading telecom company, Chunghwa Telecom Co. Ltd., reportedly studying the nation as well.
Press Releases
- Kurtz Ersa Goes Semiconductor: Expanding Competence in Microelectronics & Advanced Packaging
- ECIA’s February and Q1 Industry Pulse Surveys Show Positive Sales Confidence Dominating Every Sector of the Electronic Components Industry
- Hon Hai Technology Group (Foxconn) Commits To New 5-Year Sustainability Roadmap Through 2030
- Amtech Electrocircuits Navigates Supreme Court Tariff Ruling