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Written by Mike Buetow
ANAHEIM, CA -- Bruce McMaster, president and chief executive of
quickturn PCB maker DDi Corp., resigned today, effective immediately.
The company named senior vice president and CFO Mikel Williams to
replace him. A new CFO will be sought. DDi is the 8th largest
U.S.-based PCB company, with sales of about $195 million last year, although in terms of revenues from U.S.
operations it ranks fourth.
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Written by Mike Buetow
ENDICOTT, NY -- Endicott Interconnect Technologies, a supplier of electronic interconnect solutions and
turnkey manufacturing services, announced a contract to supply several major components in support of the E-2D
Advanced Hawkeye Program for
Raytheon-Network Centric Systems.
Endicott Interconnect will be responsible for PWB design,
fabrication and circuit card assembly production of multiple
components in support of this program.
The E-2D Hawkeye aircraft is used by the U.S. Navy primarily
as an all-weather, airborne battle management and command and control
center. It has been in active service with the U.S. Navy since 1973.
The major components of the Advanced Hawkeye are among the latest in a
continual series of modifications and upgrades to enhance the
aircraft's capabilities.
"With Endicott Interconnects new win with Raytheon, we further
enhance the company's position as the 'Supplier of the Future' to
Raytheon," said Jay McNamara, chief executive. "From our
initial engagements through today, we've made the commitment to deliver
unparalleled customer service, technical support, improved quality and
manufacturability in the products we build for Raytheon. Our staff of
experienced professionals will continue to support the Raytheon team
with development efforts on the Advanced Hawkeye, as well as other
programs," he said.
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Written by Mike Buetow
SAN JOSE – Worldwide sales of semiconductors
rose 5.2% sequentially to $19.6 billion in September, the
SIA reported today. Global chip sales increased 5.6%
over September 2004.
Third-quarter sales were up 8.9% sequentially.
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Written by Mike Buetow
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.
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Written by Mike Buetow
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.