News
FRAMINGHAM, MA – Worldwide semiconductor revenues will grow 9% year-over-year in 2011 to $303 billion, and will achieve a CAGR of 6% for the 2010 to 2015 forecast period, according to International Data Corp. Revenues will hit nearly $380 billion by 2015, the firm says.
IRVING, TX – Private equity startup Longwater Opportunities has purchased 40% of PCB maker W-Tek.
Financial terms were not disclosed.
Longwater purchased Circuitronics last year, when W-Tek was a supplier to the PCB assembler.
Circuitronics’ former owner Jeff Forbus purchased 60% of W-Tek, say published reports.
CHONGQING, CHINA – Walsin Technology Corp., and its subsidiaries Global Brands Manufacture Ltd. and Prosperity Dielectrics Co., signed an agreement with the Chongqing Municipal City Government to build passive component factories here.
XIAMEN, CHINA – EMS firm Plexus Corp. said today that it has entered into an agreement to purchase land for the construction of a new manufacturing facility here, adjacent to its current facility.
LOS ALTOS, CA – Aggressive deficit spending, record-low interest rates, consumer subsidies and inventory rebuilding gradually lifted world GDP from a 6.5% annualized rate of contraction during the fourth quarter of 2008 to a strong 4.9% expansion during the first quarter of 2010. However, the impact of those expansive measures has gradually worn off, says Henderson Ventures.
SAN JOSE – Shocking Technologies opened its expanded production facility, unveiling a manufacturing plant for voltage switchable dielectric material.
The lab and equipment will be used to develop, simulate and produce the company’s nanocomposite Xtstatic 100 VSD material. Xstatic is embedded in PCBs or semiconductor packaging to increase a product’s protection against harmful ESD events.
The facility is capable of producing material to equip more than 200 million cellphones or other similar products a year, the firm says.
Shocking Technologies’ manufacturing line is run by a site-wide manufacturing execution system that maintains product genealogy and component traceability.
The City of San Jose and its redevelopment agency made an investment of $500,000 toward capital equipment.
