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LOS ALTOS, CA -- The short-term surge in semiconductor orders are tied to an uptick in electronics equipment demand coupled with depleted inventorie, but reluctant consumers and tight credit will slow any recovery, an industry analyst said today.

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ARLINGTON, VA -- Consumer confidence in the overall economy improved in August, as consumer confidence in technology and consumer electronics jumped in the same period, according to the latest figures from the Consumer Electronics Association and CNET.

 

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DETROIT -- SAE has released a standard to address counterfeit electronics through a parts control plan.

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TAIPEI -- Compal Electronics reported second-quarter net profit rose 1.1% year-over-year to T$3.237 billion ($98 million) on a 40% jump in sales to T$121.9 billion.

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STERLING, VA -- Zollner Elektronik and EIT Inc. announced an agreement under which the two EMS companies would jointly offer facilities and share resources, including manufacturing and engineering.

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ESPOO, FINLANDElcoteq has joined its home communications and personal communications businesses into one business unit: consumer electronics, say published reports.

Approximately 150 staff will be laid off as a result of this restructuring; talks have begun in Finland on this matter.

Effective immediately, the firm has appointed managers Sándor Hajnal in human resources and Tomi Saario in new sales and business development.

Consumer electronics will now represent about 75% of the firm’s sales, while system solutions will account for roughly 25%.

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