News
FRANKFURT – Germany's electronics industry is expected to post a 3% rise in sales to 184 billion euros ($270 billion) this year, boosted by strong exports and robust domestic investment, industry association ZVEI says.
However, restructuring in communications technology would mean sales would fall short of the 190 billion euros previously forecast.
However, restructuring in communications technology would mean sales would fall short of the 190 billion euros previously forecast.
Sales are expected to rise by more than 4% in 2008, the association said.
WESTCHESTER, IL – Shareholders of Andrew Corp. have approved the company’s merger agreement with CommScope Inc.
PHOENIX – Suntron Corp. announced its 90% stockholder, SUNN Acquisition Corp., has nearly completed all necessary measures to take the EMS provider private.
Suntron intends to delist its common stock from the Nasdaq SmallCap Market. Suntron has not arranged for listing its common stock on another national securities exchange or for quotation of its common stock in a quotation medium. The announcement was first made Oct. 3.
As previously disclosed, Suntron decided to go private through the short-form merger of SUNN with and into Suntron, pursuant to Section 253 of the Delaware General Corp. Law.
Suntron intends to delist its common stock from the Nasdaq SmallCap Market. Suntron has not arranged for listing its common stock on another national securities exchange or for quotation of its common stock in a quotation medium. The announcement was first made Oct. 3.
As previously disclosed, Suntron decided to go private through the short-form merger of SUNN with and into Suntron, pursuant to Section 253 of the Delaware General Corp. Law.
CARLSBAD, CA – A subsidiary of microelectronics bonding OEM Palomar Technologies will partner with electronics manufacturer Vision Manufacturing to offer bare board and EMS services.
POINTE CLAIRE, QUEBEC -- EMS provider Triton Electronik will acquire Positron Technologies for an undisclosed sum, according to the Canadian Press. The combined company will have sales of more than C$140 million, the report stated.
BANGALORE – The Electronic Industries Association of India called on the government to level the playing field for domestic component makers, saying the field is falling behind thanks to imports and the high cost of local production, say published reports.
