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STAMFORD, CT -- IT budgets will drop 4.7% on average this year, according to the latest survey of the nation's corporate chief information officers.

SAN JOSE -- SunPower signed a multi-year solar panel manufacturing agreement with Jabil Circuit to build panels in Mexico beginning in the second half of this year. Other terms were not disclosed.

MORRISVILLE, NC -- Juki Corp. has launched a feeder refurbishment program under which the OEM will inspect, repair and calibrate existing feeders, reportedly at minimal cost and in short time frames.

ATVIDABERG, SWEDEN -- Biotage has signed a long-term outsourcing deal with EMS firm PartnerTech worth some SEK 40 million ($6 million) annually. 

SAN JOSE – The Semiconductor Industry Association today forecast worldwide semiconductor sales would drop 21.3% for the year to $195.6 billion.
GARNER, IA -- Nortech Systems will close its electronics manufacturing services facility here by early August and lay off 57 workers, the company said today.

 

BANNOCKBURN, ILIPC’s spring 2009 Supply Chain Tracker this week showed continuing economic contraction, but also indicated the first signs of recovery in the electronics industry.

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