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EL SEGUNO, CA — Eight of the Top 10 semiconductor firms suffered revenue declines for the year, according to iSuppli Corp.
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TAIPEI - Foxconn Electronics (Hon Hai) reported its lowest revenues in two years, with February non-consolidated falling 10.5% sequentially and 10.6% year-over-year.

The company, the world's largest EMS provider, had sales of NT$82.7 billion ($2.38 billion) for the month.

Foxconn cited IT seasonality and lackluster consumer electronics sales for the drop.

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ARLINGTON, VA -- Electronic component orders continued to fall in February, but not as sharply as in January, according to the monthly index compiled by the Electronic Components Association. The 12-month average, comparing this year's results to last year's, continued a descent that began last summer.

Although the overall trend continued to be down there was a glimmer of hope from a couple of companies that reported orders above 2008 levels in the last week of the month.

"I believe the numbers show that the economic downturn is affecting different companies in different ways," said Bob Willis, ECA president, in a statement.

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ELK GROVE VILLAGE, IL -- A local paper is reporting that Flextronics has filed documents in Illinois indicating plans to close operations in Elk Grove Village this Spring, a move that would cost 113 workers their jobs.

The Daily Herald says the operations at 1150 Lively Blvd. and 1065 Chase Ave. will be closed by May. Flextronics did not comment on the report.

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NANTOU, TAIWAN – Universal Scientific Industrial reported February consolidated net revenue of $95.8 million, up 5% sequentially and down 41% year-over-year.

On a non-consolidated basis, monthly net revenue amounted to $44.1 million, up 28% sequentially and down 28% year-over-year.

USI, which is the world’s 24th largest EMS company according to the Circuits Assembly Top 50, reported electronics packaging and EMS sales of $23.4 million, or 24% of total revenue. The figure was up 24% sequentially and down 39% from the same period last year.

Computers and peripherals showed net revenue of $26.2 million (27% of total sales), up 11% sequentially and down 48% year-over-year.    

Communications also accounted for 24% of revenue, at $22.9 million, up 2% sequentially and down 29% year-over-year.

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TORONTO – EMS provider SMTC Corp. reported 2008 fourth-quarter revenue of $61.1 million, up 1.6% sequentially and down 8.5% year-over-year.

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