News
HAMPSTEAD, NH – P.D. Circuits Inc., a leading PWB distributor, has completed Phase 1 of its China PWB Supply Chain Management group development. In the program's first year, the company hired a group manager, registered the company, established an office in Shenzhen, and set up its initial China bare board inspection facility.
Since that time, P.D. Circuits has added an operations manager, a process engineer and QC inspectors. Two of the new employees have also certified to IPC-A-600G and initiated training and inspection visits to P. D.’s manufacturing partners.
Since that time, P.D. Circuits has added an operations manager, a process engineer and QC inspectors. Two of the new employees have also certified to IPC-A-600G and initiated training and inspection visits to P. D.’s manufacturing partners.
NEWARK, NY — EMS provider IEC Electronics Corp. reported third-quarter net profit rose 700% to $553,000, while sales jumped 110% to $11.2 million.
Fiscal year-to-date net profits are $579,000 on sales of $31.3 million. Both figures are up strongly over last year's revenue of $14.6 million and net loss of $137,000.
The company added 20 employees during the quarter, which ended June 29.
In a statement, chairman and CEO W. Barry Gilbert said order backlogs are "reasonably higher" than the $21.7 million figure reported at the end of fiscal 2006. Growth came from existing acounts; IEC did not add any new customers during the quarter.
NEENAH, WI - Plexus Corp., a top EMS firm, reported third-quarter net profits fell 38% on a 4.4% drop in sales.
RUSHFORD, MN - RiverBend Electronics Ltd. announced the opening of a 30,000 sq. ft. manufacturing facility in Rushford, MN.
The plant will focus on low-volume electronic assembly.
RiverBend says it created the business out of a need for product startup and end-of-life services in the industry. The company will provide circuit board assembly, box build, product distribution and any related process requirements.
PALO ALTO, CA – Revenues of ICs used in the world’s automobile market will grow 34% by 2010 from $6.8 billion last year, Frost & Sullivan said today.
The proliferation of automobile electronic content is a result of government pollution guidelines, safety and security regulations, and the ongoing oil crisis, says the research firm. This growing need directly influences the markets of automobile application specific integrated circuits, application specific standard parts, and field programmable gate arrays.
In addition, rising fuel prices in the world market feed the demand for electric and hybrid vehicles, which in turn can boost the growth of electronics in automobiles, the company adds.
Sales of ASICs, ASSPs, and FPGAs have improved because of integrated solutions, which have enabled manufacturers to lower costs by reducing the number of microcontrollers in automobiles.
Mandatory government regulations to enforce safety and security have greatly contributed to the growth of this market, Frost says. In Europe, regulations such as the electronic stability program, antilock braking system, and electronically controlled independent suspension will likely help generate substantial revenues.
In the Asian region, increasing sales of automobiles drives the growth of ASICs, ASSPs, and FPGAs markets, and the Asian market also has the potential to become the key contributor to overall revenues, the firm believes.
Intense competition in the market exists, however, especially among the ASIC and ASSP segments. These products are characterized by higher nonrecurring engineering and take a longer time to market.
Technological developments can help reduce the time to market and NRE cost in ASIC and ASSP. Similarly, developments in FPGAs can lower the unit and integration costs and improve performance, says Frost.
Chipmakers can further resist competition by creating an extensive portfolio of core designs, developing electronic design automation software tools, and engaging with OEM customers in accelerating the market share of programmable logic devices.
EL SEGUNDO, CA – At just beyond the midyear point, all signs point to the PC market attaining the annual forecast of 11.2% growth in unit shipments, says iSuppli Corp.
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