TAIPEI -- Microsoft and H-P will establish a joint technology center in Taiwan, focused on investing in
advanced software, hardware and improving technical support to
its Taiwan partners. About 80% of the world's PCs are built in Taiwan.
FRANKFURT -- Siemens AG plans to divest its Electronic Assembly Systems unit by the end of September, the company said today. The unit employs about 2,100 workers and had reported sales in the "medium three-digit million euros range," a German newspaper reported.
ST. LOUIS -- LaBarge Inc. today raised its earnings guidance, announcing
that it expects financial results for its fiscal third quarter will
significantly top those of the last quarter and last year.
STRATHAM, NH – ITW has acquired Vitronics-Soltec from
Francisco Partners for an undisclosed sum. The deal creates the world’s largest
supplier, in revenues, of wave soldering equipment.
ITW plans to let the two units operate independent of each
other, although there is speculation that arrangement won't last for long.
SAN JOSE – North American-based manufacturers of semiconductor equipment posted a 90-day average of $1.23 billion in orders in February, up 8% from the revised January figure and down 12% year-over-year.
SHANGHAI -- The electronics industry descended on Shanghai this week as four major
exhibitions staged a convergence of programs.
The week began
March 17 with the opening of the
11th annual Electronic Circuit World Convention. This is the first
time this conference has been hosted in Asia.