Book Reviews
LOS ANGELES – IPC is offering free parking vouchers and train passes for residents of Southern California attending the Apex show later this month. Contact IPC (shows@ipc.org) by Feb. 5 for a free one-day Metro pass. The Metro Rail Blue Line connects with all Metro Rail and Metro Link lines at Union Station and stops directly across from the LA Convention Center, where Apex will be held. Free parking vouchers may be downloaded at www.GoIPCShows.org/parkingvoucher. For maps and directions, please visit www.GoIPCShows.org/travel.
BASEL, SWITZERLAND – Ciba Specialty Chemicals and VTT Technical Research Centre of Finland will collaborate on organic electronics research, the companies jointly announced. The two-year multidisciplinary project focuses on the development of novel materials and processes for printing organic electronics and aims to open up new application areas. Tekes will provide funding for the collaboration. Ciba will bring decades of materials knowledge to the research, while VTT makes roll-to-roll process developers for printed electronics.
AMSTERDAM - Sony Ericsson will move some handset production to India, where it will be built by Flextronics and Foxconn, the company said today.
The world's fourth largest handset maker said in a statement, "In addition to competitive pricing, these phones will offer customised features for the Indian market, such as local content and customized keypads."
The Indian cellphone market is expected to hit 10 million units by 2009. Sony Ericsson phones sold about 75 million units in 2006.
Sony Ericsson is a five-year-old JV between Sony Corp. and Ericsson.
The world's fourth largest handset maker said in a statement, "In addition to competitive pricing, these phones will offer customised features for the Indian market, such as local content and customized keypads."
The Indian cellphone market is expected to hit 10 million units by 2009. Sony Ericsson phones sold about 75 million units in 2006.
Sony Ericsson is a five-year-old JV between Sony Corp. and Ericsson.
SAN JOSE – Tessera Technologies announced it has signed a definitive agreement to acquire Eyesquad for $18 million in cash. Eyesquad develops and designs digital auto-focus and optical zoom products for camera phones and other products that integrate cameras. Under the terms of the agreement, Tessera will pay about $18 million in cash for all outstanding Eyesquad equity. The transaction is expected to close in the first quarter of 2007.
TORONTO -- Celestica Inc. today announced its fourth-quarter net loss widened to $60.8 million on a 9% revenue gain to $2.26 billion. The company announced another round of restructuring, which will
result $60 million to $80 million more in charges.
For the quarter ended Dec. 31, the GAAP net loss included a $30 million charge for inventory provisions at its Monterrey, Mexico, facility; and a $59 million restructuring charge. The GAAP net loss last year was $28.2 million, including $57 million in restructuring charges.
For the quarter ended Dec. 31, the GAAP net loss included a $30 million charge for inventory provisions at its Monterrey, Mexico, facility; and a $59 million restructuring charge. The GAAP net loss last year was $28.2 million, including $57 million in restructuring charges.
Press Releases
- XLR8 EMS Welcomes Raul Jorge Lopez Jr. as Director of Program Management and Procurement
- Koh Young America Promotes Ramiro Mora to Lead Service and Applications in Mexico and South America
- ViTrox Americas Welcomes Huy Pham as Technical Support Engineer
- XLR8 EMS Appoints Steve Dutton as Chief Sales Officer