News
SINGAPORE – Singapore's exports to the US fell 44.4% year-over-year in February, pulling the nation's shipments down 24%.
Weak demand for electronics was among the reasons cited for the drop. Electronics exports dropped 31.9% to S$3.5 billion.
Shipments to the country's 10 top trading partners were down, except China. Sales to US customers dropped to US$673 million, but the percentage drop actually climbed slightly from a 50% plunge in January. Shipments to the European Union fell 36.7%, and sales to Japan dropped 38.9%.
BANNOCKBURN, IL – IPC presented Special Recognition, Distinguished Committee Leadership and Distinguished Committee Service awards at its trade show this week.
SAN FRANCISCO – The combination of firming global IT demand, the release of Windows 7 and an aging PC installed base will drive a strong multiyear PC replacement cycle, says a leading analyst.
Deutsche Bank Equity Research today raised its 2009 PC unit outlook from a drop of 8% year-over-year to a drop of 2%. For 2010, the firm now expects PC units to rise 10% year-over-year, up from a prior estimate calling for a flat year.
LONDON – The global economic downturn had a marked effect on the tantalum supply/demand balance. Demand in 2009 will probably prove to be 40% down on 2008, but some market watchers believe it will fully recover by 2012.
Whether the supply will be in place to meet that demand is another issue entirely.
In mid 2008, tantalum consumption was on a strong growth trend in its principal markets – electronics and aerospace superalloys – which make up around 75% of tantalum consumption. Adequate primary supply was in place, along with substantial quantities of scrap, which is mostly generated during capacitor manufacture.
By the second half of 2009, the tantalum market faces a period of uncertainty that will, quite possibly, remain until 2012, according to Roskill Information Services.
A large part of the primary supply chain is not producing in 2009, with no clear indication about when, or if, it will come back to the market. Inventories are running down; scrap is in shorter supply because of a fall in capacitor manufacture. It is possible legislation under consideration in the US could severely restrict or even halt the supply of tantalum from Central Africa, says Roskill.
Several projects are at various stages of development around the world and some could be in production by 2011 or 2012. Combined, their output would solve the tantalum supply question for the foreseeable future and obviate the need to source conflict minerals.
It is almost certain a tantalum supply squeeze is approaching. If demand picks up more quickly than expected, a spike in spot prices seems inevitable, says the firm.
CLINTON, NY – Indium Corp. has acquired the processes, equipment, and know-how of Reactive NanoTechnologies Inc., developer and manufacturer of NanoFoil.
Indium will move the RNT process and equipment, and a core staff, to its Utica, NY facility.
Customers will now place orders and inquiries directly through Indium. The core RNT team and Indium personnel will support NanoFoil and NanoBond businesses.
No financial terms of the agreement were disclosed.
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