PORTO ALEGRE, BRAZIL – CEITEC S.A., a developer and producer of application-specific ICs, has opened Latin America’s first IC design center.
 
The company will add 60 engineers who will design RFID, digital media and wireless communication chips for its fabrication facility now ramping up for production.
 
The Brazil government’s total investment is almost $210 million.
 
Newly appointed CEITEC president Eduard Weichselbaumer will lead the firm’s efforts developing markets for the chips.

GLENVIEW, Ill. (AP) -- Illinois Tool Works reported second-quarter revenue dropped 26% year-over-year to $3.39 billion, and earnings fell 67% to $176.6 million.

SAN JOSE – The 90-day moving average orders for North America-based semiconductor equipment manufacturers was $323.4 million in June continuing the sector's five-month long recovery.

TORONTO -- Adeptron Technologies has signed a deal to provide electronics manufacturing services to a major division of an OEM of scientific instruments and laboratory automation and integration equipment. The deal will be worth $1 million in 2010, with sales having already started in 2009.