EL SEGUNDO, CA – iSuppli forecasts total market shipments of 65.1 million car navigation systems by 2012, more than three times the 19.8 million shipped in 2006.
POWAY, CA -- Jabil Circuit will close its assembly plant here and lay off the site's 143 workers by September.
Last year, Jabil said it would close certain facilities in the U.S. In April, the EMS company told Californian officials the Poway site would be shuttered.
TAIPEI -- An top Intel Corp. executive in Asia last week encouraged Taiwanese manufacturers to invest more in research and development in order to keep up with the rest of the world.
Stanley Huang, director of advanced technical sales & service for the Asia-Pacific region, also said Intel would keep its own R&D in the U.S.
"I suggest more investment in R&D,” Huang told the show daily of the Computex trade show: “Taiwanese manufacturing['s] competitive advantage is in its global operational experience, including aspects such as global supply chain management; this cannot be surpassed by competitors anytime soon. Taiwanese companies have many good people with global vision. They should take advantage of this, rather than compete with others for plant and market scale."
BERMATINGEN, GERMANY – Rohwedder AG will acquire JOT Automation from Elektrobit Corp. for 29 million euros, less contingencies covering JOT's interest-bearing liabilities and its financial performance in 2007 and 2008.
TAIPEI -- Asustek's chairman said the motherboard maker will its separate its contract manufacturing operations from its branded products group as soon
as possible. The company previously said it would split the divisions in 2008.
Instead, the company will split the operations by year end , and the new
company will be listed on the Hong Kong Stock Exchange, according to published reports.