News
BEAVERTON, OR – Axiom Electronics has completed a management buyout of the company from its former parent Ambitech International.
An EMS firm, Axiom operates a 24,000 sq. ft. plant and employs over 70 workers.
In a press statement, Axiom president Robert Toppel said, “Regaining our independence will tap the entrepreneurial spirit of Axiom’s best-in-class staff. We are very excited to be unencumbered from the past and able to facilitate the success and growth of our customers’ business through a combination of strategy, operations and technology prowess, and leadership."
An EMS firm, Axiom operates a 24,000 sq. ft. plant and employs over 70 workers.
In a press statement, Axiom president Robert Toppel said, “Regaining our independence will tap the entrepreneurial spirit of Axiom’s best-in-class staff. We are very excited to be unencumbered from the past and able to facilitate the success and growth of our customers’ business through a combination of strategy, operations and technology prowess, and leadership."
SAN JOSE –
The 90-day moving average order for North American-based manufacturers of semiconductor equipment was $1.5 billion in October, up 37% year-over-year but down 9% sequentially, according to the SEMI trade group.
The book-to-bill ratio was 0.95, meaning $95 worth of orders were received for every $100 of product billed for the month.
The three-month average worldwide billings was $1.57 billion, off 6% from revised September figures and up 37 % over October 2005.In a statement, SEMI president and CEO Stanley T. Myers said, "Orders for semiconductor equipment have declined from the peak levels posted in June, though they are significantly higher than levels reported one year ago. There has been a gradual decline over the past three months, as the industry absorbs new capacity.”
The SEMI book-to-bill is a
ratio of three-month moving averages of worldwide bookings and billings
for North American-based semiconductor equipment manufacturers.
SAN JOSE -- Sarantel, a maker of antennas for wireless devices, will outsource production to Sanmina-SCI Corp.
Financial terms were not disclosed.
Sanmina-SCI will provide Sarantel with procurement, manufacturing and logistics services from its Singapore facility. Sanmina-SCI is also expected to eventually acquire certain Sarantel manufacturing assets but not its buildings or employees.
Sarantel said the deal will help it cut costs, improve competitiveness and operate in closer proximity to its Asian customers.
"Over time we expect high volume, cost-sensitive products to transfer to Asia while our British plant's focus shifts to new process development, new product introduction and niche market antenna production," said Sarantel chief executive David Wither.
Jerry Rodrigues, executive vice president Asia PCB at Sanmina-SCI, said: "Sarantel operate(s) in high growth markets and have a unique and exciting product offering. The high technical requirements of their product can be supported by our strong manufacturing capabilities. We look forward to working with Sarantel and enabling them to utilize our extensive manufacturing and supply chain solutions."
Sanmina-SCI will provide Sarantel with procurement, manufacturing and logistics services from its Singapore facility. Sanmina-SCI is also expected to eventually acquire certain Sarantel manufacturing assets but not its buildings or employees.
Sarantel said the deal will help it cut costs, improve competitiveness and operate in closer proximity to its Asian customers.
"Over time we expect high volume, cost-sensitive products to transfer to Asia while our British plant's focus shifts to new process development, new product introduction and niche market antenna production," said Sarantel chief executive David Wither.
Jerry Rodrigues, executive vice president Asia PCB at Sanmina-SCI, said: "Sarantel operate(s) in high growth markets and have a unique and exciting product offering. The high technical requirements of their product can be supported by our strong manufacturing capabilities. We look forward to working with Sarantel and enabling them to utilize our extensive manufacturing and supply chain solutions."
Press Releases
- ProcureAbility Releases New Benchmarking Report Confirming Widespread AI Development and Adoption in Procurement with Focus on Targeted Enterprise Results
- SEHO North America to Host Academy Training in Cincinnati in October
- vAI from Viscom – Enhancing Performance with Artificial Intelligence at productronica India 2025
- Scanfil ranks in the top five percent of companies in EcoVadis sustainability assessment