News
GRAZ, AUSTRIA -- The global semiconductor market is expected to grow 6.6% on an annualized basis to $227 billion in 2005, according to fall forecast of the World Semiconductor Trade Statistics. Worldwide growth will accelerate to 8% in 2006 and 10.6% in 2007, with Asia-Pacific being the largest and fastest growing regional market, the trade group said.
SAN JOSE -- Michael Moritz and Patrick Foley resigned
from the board of Flextronics International Ltd., effective Oct. 18, the company said.
The company named Lip-Bu Tan to its audit committee, in compliance with Nasdaq requirements.
The company named Lip-Bu Tan to its audit committee, in compliance with Nasdaq requirements.
VANCOUVER -- Nam Tai
Electronics on Monday reported
third-quarter flat net income of $18.8 million on sales of $207
million, up 50.6% year-over-year. The EMS company's sales are up 44.3%
year-to-date, although net income has dropped 65% to $38.6 million.
