News
TAIPEI – Foxconn Electronics is said to be considering acquiring the operations of Pegatron Technology in an all-stock exchange, the Economic Daily News reported this week.
The companies are rivals in the PC assembly market.
Pegatron was formed earlier this year by Asustek, which moved to split itself into three operations. Pegatron builds PC-related gear; the other two companies – Unihan Technology and Asus – handle enclosures, non-PC contract manufacturing, and branded notebooks and smartphones.
The companies are rivals in the PC assembly market.
Pegatron was formed earlier this year by Asustek, which moved to split itself into three operations. Pegatron builds PC-related gear; the other two companies – Unihan Technology and Asus – handle enclosures, non-PC contract manufacturing, and branded notebooks and smartphones.
Foxconn declined comment, the paper said. However, "several first-tier OEMs have been in negotiations" with Asustek to acquire Pegatron, the paper said.
SCOTTSDALE, AZ – IC Insights Inc. has slashed its 2008 semiconductor revenue forecast by $6 billion, according to published reports.
The market research firm now expects the industry to grow 4% to $244.3 billion this year. In June, the firm predicted 2008 growth of 7% to $250.3 billion.
However, the firm said long-term trends would sustain pricing stability, resulting in a CAGR of 10.6% between 2007 and 2012.
This change is attributed to the inventory correction of the logic market and the pricing collapse of the NAND flash market.
Overall, IC unit growth is set to increase 8%, with average selling prices down 4% this year.
Long term, trends supporting reduced capital spending will help increase fab utilization rates, stabilizing chip ASPs, the firm says. Overall chip ASPs decreased 5% last year and 8% in 2006.
Overall, capital spending will decrease 18% this year as a result of leading chipmakers easing up on expansion, according to IC Insights.
Capital spending as a percentage of semiconductor sales will be roughly 17.5%, the lowest in five years. During the past four years, it has been between 20 to 22%, and historically has been 20 to 30% since 1995, says the firm.
For 2009, IC Insights expects semiconductor capital spending to be likely in the 8 to 10% range.
The revised forecast calls for the memory market to decrease 10% year-over-year, with the DRAM segment down 10%.
The firm now expects the logic market to increase 13% in 2008 after previously forecasting 16% growth.
SHENZHEN – The organizers of Nepcon/EMT
South China trade show reported a record 25,912 attendees for its 14th annual show held earlier this month.
The show “exceeded my expectation in terms of visitor numbers. Although the market is not so strong this summer, [it] still attracted so many visitors. This is very impressive,” said Erik van de Ven, senior director of business support and marketing for Asia Pacific at Assembléon, in a press release.
Next year’s
show takes place Aug. 31-Sept. 2 at the Shenzhen Convention and Exhibition
Centre. The show is sponsored by Reed Exhibitions.
MONTREAL -- Midland Baring Financial Group has acquired Level Vision Electronics in an all-stock transaction.
Level Vision is a consumer electronics manufacturer and distributor.
HELSINKI – Elcoteq's senior vice president of group operations and sourcing, Petteri Laaksomo, is leaving the company to become senior vice president, supply chain management at Ruukki.
He will also become a member of Ruukki's Extended Management Board.
The search for a replacement is ongoing.
Laaksomo, who was also a member of Elcoteq's Management Team, had held the position since January. He was previously vice president of global operations and quality at Elcoteq, and also held positions as director of supply chain management and sourcing for Elcoteq's CNE Division and general manager of Elcoteq Asia Ltd.
Ruukki supplies metal-based components, systems and integrated systems to the construction and mechanical engineering industries.
He will also become a member of Ruukki's Extended Management Board.
The search for a replacement is ongoing.
Laaksomo, who was also a member of Elcoteq's Management Team, had held the position since January. He was previously vice president of global operations and quality at Elcoteq, and also held positions as director of supply chain management and sourcing for Elcoteq's CNE Division and general manager of Elcoteq Asia Ltd.
Ruukki supplies metal-based components, systems and integrated systems to the construction and mechanical engineering industries.
SANTA ANA, CA – Jasbir Bath of Bath Technical Consultancy has been retained as a consulting engineer to advise and support Christopher Associates and its customers in the Americas.
Bath will primarily support Koki soldering material products in North America.
For the past 10 years, Bath was corporate lead engineer with Solectron Corp. and Flextronics International. Bath is also an iNEMI consultant, working on the Pb-free rework optimization project.
Christopher Associates supplies solder paste, test and inspection equipment, and other soldering materials and equipment for printed circuit fabrication and assembly.
Bath will primarily support Koki soldering material products in North America.
For the past 10 years, Bath was corporate lead engineer with Solectron Corp. and Flextronics International. Bath is also an iNEMI consultant, working on the Pb-free rework optimization project.
Christopher Associates supplies solder paste, test and inspection equipment, and other soldering materials and equipment for printed circuit fabrication and assembly.
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