FORT WORTH,
TX -- Berkshire
Hathaway Inc., the investment fund of Warren Buffett, will buy component distributor TTI Inc. Terms were not disclosed and the deal is expected to close during the first quarter of 2007.
The deal includes TTI subsidiary Mouser Electronics. TTI is the world's fifth largest electronics components distributor, with reported sales of $835 million in 2005.
The deal includes TTI subsidiary Mouser Electronics. TTI is the world's fifth largest electronics components distributor, with reported sales of $835 million in 2005.
MANKATO, MN – EMS firm Winland Electronics has signed a one-year agreement to manufacture a line of digital imaging products.
The company shipped $1.1 million of digital imaging products in the fourth quarter and has received a purchase order for an additional $1.1 million scheduled for shipment in early 2007.
The firm said it anticipates additional orders. The supply agreement is renewable in one-year terms.
The company shipped $1.1 million of digital imaging products in the fourth quarter and has received a purchase order for an additional $1.1 million scheduled for shipment in early 2007.
The firm said it anticipates additional orders. The supply agreement is renewable in one-year terms.
MILPITAS -- Top tier electronics manufacturing services provider Solectron reported November quarter sales of $2.99 billion, up 22% from the same quarter 2005. In its 10Q form, Solectron said its gross profit was up 10% to $149.4 million, while income from continuing operations fell sharply to $6.6 million from $20.2 million a year ago.
QINGDAO, CHINA -- Home appliance manufacturer Haier Group, one of China's largest OEMs, will purchase PC maker Founder Group, a deal that will make Haier the second-largest seller of PCs in China.
Founder reported sales of 7.39 billion yuan (roughly $92 million) in 2005. Haier had sales of 103.4 billion ($12.9 billion) yuan.
FRAMINGHAM, MA -- Taiwan's IT sales will hit $6.7 billion in 2007, International Data Corp.'s Taiwan branch forecasts.
The firm predicts sales of IT hardware, software and services in Taiwan next year will grow 2.8% from 2006.
The firm predicts sales of IT hardware, software and services in Taiwan next year will grow 2.8% from 2006.
ALMEIDA, CA -- The cost of manufacturing in China rose sharply last year, says analyst Charlie Barnhart of Technology Forecasters.
Barnhart, who develops case studies on procurement strategies, says a number of factors are pushing prices for electronics manufacturing services in China higher, and the trend is expected to continue.
"Chasing low-labor rates around the globe is not the answer," Barnhart wrote. He will produce a workshop on the topic on Jan. 17, in Chicago.
Barnhart, who develops case studies on procurement strategies, says a number of factors are pushing prices for electronics manufacturing services in China higher, and the trend is expected to continue.
"Chasing low-labor rates around the globe is not the answer," Barnhart wrote. He will produce a workshop on the topic on Jan. 17, in Chicago.
