News
GLENVIEW, IL – Illinois Tool Works reported third-quarter 2010 revenues of $4.02 billion, up 12.2% year-over-year.
Operating income for the quarter was $640.5 million, up 32% year-over-year.
Total worldwide revenues for the power systems and electronics segment increased 23.7% versus the year-ago period. Organic revenues grew 23.8% as a result of strong end-market demand associated with the welding and electronics businesses.
PC board fabrication revenues grew 68.6% compared to the same quarter last year, the company said.
ITW is the parent company of Kester Solder, Speedline Technologies, Vitronic-Soltec and other leading brands.
TAIPEI – Hon Hai Precision Industry (Foxconn) said it filed several patent infringement complaints against Suyin Technology and its units in a US district court.
SMYRNA, GA – UP Media Group today announced the dates for the fourth annual VIRTUAL PCB, the industry’s only virtual trade show and conference for the PCB design, fabrication and assembly markets. The free two-day worldwide event takes place March 8-9, 2011. Exhibitors already are signing up, Bare Board Group, DownStream Technologies and EMA Design Automation among them.
A fully interactive, Web-based event, VIRTUAL PCB (www.virtual-pcb.com) incorporates all the critical features of a live event, while allowing PCB design, fabrication and assembly equipment and materials buyers and sellers to interact online. VIRTUAL PCB is supported by a proven software platform (provided by INXPO), and will be accessible on-demand for one month beyond the free two-day live event. The 2010 event drew more than 2,900 registrants and 1,600 attendees from around the world.
Features of the upcoming virtual event will include custom exhibit booths, live attendee-attendee and attendee-exhibitor communication, live and on-demand equipment demonstrations, real-time technical presentations, open “chats” moderated by industry experts, and much more.
“VIRTUAL PCB sets the benchmark for what a global trade show can be,” said UP Media Group President Pete Waddell. “It’s dynamic, with lots of methods to communicate with peers, customers or suppliers. Also, while live trade show attendance tends to be very local in nature, VIRTUAL PCB lets you talk with counterparts from around the world, either in a group or one-on-one.”
For more information about VIRTUAL PCB, visit www.virtual-pcb.com or contact Alyson Skarbek, show manager, at 404-665-7749 or askarbek@upmediagroup.com.
JONKOPING, SWEDEN -- A Kitron subsidiary here has received new orders worth some NOK 20 million ($3.4 million) annually.
LA QUINTA, CA – Electronics equipment growth will outpace worldwide GDP by a factor of more than two-to-one over the next five years, while PWB growth will be even higher, according to a leading industry analyst.
LA QUINTA, CA – The US recession ended in the summer of 2009. You hadn’t noticed? That’s because recovery has been “mediocre, muted,” according to Shawn DuBravac, chief economist and director of research for the Consumer Electronics Association.
