Overall exports were $14.8 billion for the month, beating economists' estimates but still the lowest drop in seven years. Electrical and electronics products make up about 40% ($5.92 billion) of the nation's exports.
Singapore, Japan and the US are the biggest recipients of Malaysian-built products. Exports to the US dropped 17% year-over-year in November, and demand for locally manufactured products from companies such as Dell, Western Digital and Intel slowed. The US was once Malaysia's biggest trading partner but has slipped to third in the past two years.
TAIPEI -- OEM/ODM Micro-Star International will refocus its notebook computer line on the hot netbook market and may spin off its Wind brand of low-cost "nettop" PCs.
NANTOU, TAIWAN – Universal Scientific Industrial Co. reported consolidated net EMS revenues of $21.8 million for the month ended Dec. 31, down 18% sequentially and 55% from the same period last year.
The company, a top 25 global EMS company, reported total sales of $490.4 million for its EMS segment in 2008. EMS makes up 18% of its total sales in Taiwanese dollars.
YAVNE, ISRAEL – Valor Computerized Systems has acquired the assets of PCB Matrix Corp., a provider of EDA library generation tools for both land pattern and schematic symbols. No financial terms were disclosed.
PCB Matrix's software automates custom schematic symbol generation, and adds land pattern generation to Valor’s portfolio.
In a press release, Valor vice president of Design Market Patrick McGoff said, “Extending the value of the ISO-certified content upstream into the design arena is a logical progression for us. We believe the industry will benefit from a streamlined library creation process that has the potential to incorporate manufacturing knowledge into the EDA libraries. This will ultimately lead to more manufacturable designs the first time through.”