Juki, Sony to Talk SMT Merger PDF Print E-mail
Written by Mike Buetow   
Wednesday, 06 February 2013 11:02

TOKYO -- Juki and Sony today announced the signing of a non-binding memorandum of intent to discuss the possible integration of their respective surface-mount technology equipment and related businesses. A new company is expected to be formed and a deal consummated by September.

Under the MOI, Sony EMCS, a wholly owned subsidiary of Sony, and Juki would integrate their SMT businesses under a newly established company. The new company would be funded by capital from both companies, with Juki holding more than two-thirds of the total shares.

In a press release, the companies said the integration is "intended to strengthen the competitiveness of each company’s respective SMT equipment and related businesses."

Juki and Sony hold two of the global larger market shares of SMT placement equipment, thanks in part to Juki's increased sales over the past five years and Sony's sales to Foxconn, one of its subcontractors.

Juki and Sony will continue further discussions with the aim of entering into a legally binding definitive agreement and proceeding with this business integration by the end of September, subject to any necessary legal approvals.

 

Read Mike Buetow's thoughts on the Juki-Sony announcement here.

Discuss the pending venture at Board Talk, the PCB industry bulletin board.


Last Updated on Wednesday, 06 February 2013 11:42
 

Columns

Eastern-US: China’s New Competitor?

Parity emerges among EMS Factories from Asia, Mexico and the US.

For the first time in years we see parity in the Eastern US among EMS factories from Asia, Mexico and the US. This EMS market condition will permit American OEMs (the EMS industry refers to OEMs as customers) to have more EMS pathways to choose from. Now more than ever, such EMS assignments will require deeper investigation relating to the OEMs’ evaluation of manufacturing strategies.

Read more...
 
The Human Touch

For those who count on the electronics industry for big feats, it’s been a remarkable couple of years.

Read more...
 

Features

Advances in Concentration Monitoring and Closed-Loop Control

Contaminated bath water skews refractive index results. New technology can accurately measure aqueous cleaning agent concentration.

Read more...
 
Circuits Disassembly: Materials Characterization and Failure Analysis

A systematic approach to nonconventional methods of encapsulant removal.

Read more...
 

Search

Search

Login

CB Login

Language

Language

English French German Italian Portuguese Russian Spanish
 

Products

Panasonic Debuts PanaCIM Maintenance with Augmented Reality
PanaCIM Maintenance with Augmented Reality software provides instant communication and information to factory technicians -- when and where it is needed -- so they can respond to factory needs more...