News
The lease on Elcoteq’s plant in Cserkút, which has a reported 50 to 80 employees, is expiring and the company is not renewing it.
Elcoteq laid off 1,350 workers at Pécs earlier this year, including 450 full-time employees. While another round of layoffs is reportedly pending, the EMS firm has reduced the number to 700.
While the terms are confidential, the companies said they have agreed to cross-license their respective patent portfolios for a "significant term of years."
The two companies had sued each other over the rights to certain memory technology.
TOKYO -- NEC, Casio Computer and Hitachi will merge their cellphone handset-manufacturing operations by next April, the companies said today.
TORONTO -- The selloff of Nortel continued with today's announcement that the floundering telecom firm would sell its corporate networking business to Avaya for $915 million.
WASHINGTON, DC – The National Association of
Manufacturers' top commerce official is calling the Obama administration's trade policies "pragmatic" and open.
In a statement released on the trade group's website, NAM vice president for international economic affairs Frank Vargo called President Obama’s trade policy agenda "a pragmatic one aimed at opening markets and improving the U.S. role in the world economy. ... [I]t talks about improving trade agreements rather than reopening them, and it calls for greater emphasis on seeing that small and medium-sized firms can become more effective exporters and competitors in the global economy." Vargo said the latter is "a very important goal" for NAM, whose membership is largely made up of small- and medium-sized businesses.
"We were pleased to see that the agenda calls for correcting the current imbalance in the Doha Round, and seeking a strong and balanced market-opening outcome. The NAM has been pressing hard for such an approach and will work closely with the President’s trade team to achieve that important goal."
He also lauded the Administration for "reaching out to all stakeholders in framing its agenda."
Vargo also noted the agenda's call for a strong and effective stance on IP protection, which NAM sees as "one of the most essential parts of the NAM trade agenda."
SMYRNA, GA – Suppliers of electronics design tools and PWB fabrication services will make several product and service announcements during PCB West next week.
Accurate Circuit Engineering has received ITAR certification. DFM will introduce MakeCAP Power software. Flex Interconnect Technologies will show its flex and rigid-flex circuits, including HDI. Infinite Graphics will demonstrate IGI Phototooling Toolbox, a hierarchical editor for phototools, and Netlist Doctor, which diagnoses PCB data and electrical test netlists for problems.
Intercept Technology will show the Xtent Technology Rules Editor, an integrated single source tool for managing design rules and constraints. Multi-Flex Circuits Australia introduces flat pricing, reduced engineering and reduced tooling costs, free evaluation samples and other services.
North Bay Technical will feature the Mits FP21T/40 PCB prototyping system, priced under $30,000. Sigrity will show the OptimizePI 2.0 power delivery assessment tool and PowerDC Version 9.0 DC analysis software. Whizz Systems has added Agilent 5DX inspection and comprehensive FPGA design services.
PCB West will be held Sept. 14 - 18 in Santa Clara, CA.
For more information, visit www.pcbwest.com.
PCB West is sponsored by UP Media Group Inc., parent company of Circuits Assembly.
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