News
NEEDHAM, MA – PTC has acquired privately held Synapsis Technology Inc. for an undisclosed sum.
Spring House, PA-based Synapsis has approximately 25 employees and provides environmental regulatory compliance solutions to Motorola, Microsoft, Sony Ericsson, Visteon, Delphi, IBM, GE, Beckman Coulter, Teradyne and Cisco.
PTC provides product lifecycle management, content management and dynamic publishing solutions.
With the acquisition, PTC says it will broaden its support for green product design and enable customers to achieve compliance with REACH and other environmental regulations.
Spring House, PA-based Synapsis has approximately 25 employees and provides environmental regulatory compliance solutions to Motorola, Microsoft, Sony Ericsson, Visteon, Delphi, IBM, GE, Beckman Coulter, Teradyne and Cisco.
PTC provides product lifecycle management, content management and dynamic publishing solutions.
With the acquisition, PTC says it will broaden its support for green product design and enable customers to achieve compliance with REACH and other environmental regulations.
BREDA, HOLLAND – Cobar Europe recognized its top sales performers for 2008.
The Sales Team of the Year was awarded to PEM Technologies, manufacturer’s representatives for South Africa since November 2007.
Sales Person of the Year was awarded to Jerzy Ziolkowski of C.H. Erbslöh, representatives for Poland. In 2004, Erbslöh Poland won the sales team award.
Cobar Europe, part of the Balver Zinn Group, supplies solder, paste, fluxes and related materials.
The Sales Team of the Year was awarded to PEM Technologies, manufacturer’s representatives for South Africa since November 2007.
Sales Person of the Year was awarded to Jerzy Ziolkowski of C.H. Erbslöh, representatives for Poland. In 2004, Erbslöh Poland won the sales team award.
Cobar Europe, part of the Balver Zinn Group, supplies solder, paste, fluxes and related materials.
NEW YORK -- Deutsche Bank Equity Research today cut its 2009 EMS industry revenue outlook to a 7% drop.
CAMBRIDGE, MA -- Forrester Research lowered its 2009 US IT spending forecast
to 1.6%,
on slower demand for computers. The research group previously guided for 6.1% growth next year. It marks the fourth time in 10 months the firm has reduced its 2009 outlook.
HIALEAH, FL -- Simclar Inc. intends to voluntarily delist its common shares from the Nasdaq Capital Market and voluntarily deregister its common shares by Dec. 19 and cease filing reports with the Securities and Exchange Commission, the EMS company said today.
The company, a 73.4% owned subsidiary of privately held Simclar Group Ltd., said the costs of its Nasdaq listing and SEC compliance is "substantial" and the benefits "intangible."
The company, a 73.4% owned subsidiary of privately held Simclar Group Ltd., said the costs of its Nasdaq listing and SEC compliance is "substantial" and the benefits "intangible."
EL SEGUNDO – Worldwide capital spending on semiconductor manufacturing equipment in 2009 will decline to $35.2 billion, down 17.6% from 2008. This will mark the lowest level of spending since 2003, when semiconductor capital spending amounted to $33.8 billion, iSuppli Corp. said.
Following a dismal 2008, global spending on semiconductor manufacturing equipment in 2009 will fall to its lowest level in six years, as a result of weakening conditions in the chip and electronic equipment markets, according to iSuppli.
The decline in 2009 revenue will extend the downturn seen in 2008. Through the first three quarters of 2008, capital expenditures were down 15.3% year-over-year. iSuppli anticipates capital expenditures will fall 21.1% year-over-year to $42.7 billion by the end of 2008.
While the market for semiconductor manufacturing gear was showing signs of weakness in the second quarter, the extent of the market vulnerability really became apparent as the worldwide economic and financial crises flared up in the third quarter, says the firm.
“At the start of the second quarter, semiconductor equipment providers were still reeling from the sharp cuts in capital expenditures from the major memory chip suppliers,” said Len Jelinek, director and chief analyst for semiconductor manufacturing at iSuppli.
“Because of this, capital expenditures in 2008 already were depressed, with virtually no semiconductor supplier continuing to spend at historical rates. However, by the end of the third quarter, market demand virtually stopped, as global uncertainty driven by the threat of the collapse of the financial markets threw consumers into a tailspin. Companies throughout the electronic supply chain began to report declining sales and falling profits. The impact on semiconductor manufacturing was immediately apparent, with falling factory utilizations and significant reductions in capital spending, especially for capacity expansions.”
For semiconductor equipment makers, the sudden market collapse comes as a major letdown compared to previous expectations.
While the semiconductor industry as a whole remained in an overcapacity position at the start of the second quarter of 2008, there remained a strong potential to achieve supply/demand equilibrium with just a modest increase in demand. Because of this, semiconductor suppliers and chip equipment makers were looking forward to 2009 with the anticipation of modest growth, says iSuppli. Leading-edge chip manufacturers were rushing toward the 28/30 nm process technology nodes. In the background, the migration to next-generation, 450 mm wafers was becoming a hot topic.
However, these expectations flew out the window as the severity of the economic and electronics downturn became apparent in the third quarter.
Beyond the downturn, an expected key growth driver for the global semiconductor equipment industry has failed to materialize: massive capital expansions for new capacity in China. China has been unable to establish a technological manufacturing base that requires the use of advanced technologies and expensive new semiconductor manufacturing equipment, says the research firm.
Following a dismal 2008, global spending on semiconductor manufacturing equipment in 2009 will fall to its lowest level in six years, as a result of weakening conditions in the chip and electronic equipment markets, according to iSuppli.
The decline in 2009 revenue will extend the downturn seen in 2008. Through the first three quarters of 2008, capital expenditures were down 15.3% year-over-year. iSuppli anticipates capital expenditures will fall 21.1% year-over-year to $42.7 billion by the end of 2008.
While the market for semiconductor manufacturing gear was showing signs of weakness in the second quarter, the extent of the market vulnerability really became apparent as the worldwide economic and financial crises flared up in the third quarter, says the firm.
“At the start of the second quarter, semiconductor equipment providers were still reeling from the sharp cuts in capital expenditures from the major memory chip suppliers,” said Len Jelinek, director and chief analyst for semiconductor manufacturing at iSuppli.
“Because of this, capital expenditures in 2008 already were depressed, with virtually no semiconductor supplier continuing to spend at historical rates. However, by the end of the third quarter, market demand virtually stopped, as global uncertainty driven by the threat of the collapse of the financial markets threw consumers into a tailspin. Companies throughout the electronic supply chain began to report declining sales and falling profits. The impact on semiconductor manufacturing was immediately apparent, with falling factory utilizations and significant reductions in capital spending, especially for capacity expansions.”
For semiconductor equipment makers, the sudden market collapse comes as a major letdown compared to previous expectations.
While the semiconductor industry as a whole remained in an overcapacity position at the start of the second quarter of 2008, there remained a strong potential to achieve supply/demand equilibrium with just a modest increase in demand. Because of this, semiconductor suppliers and chip equipment makers were looking forward to 2009 with the anticipation of modest growth, says iSuppli. Leading-edge chip manufacturers were rushing toward the 28/30 nm process technology nodes. In the background, the migration to next-generation, 450 mm wafers was becoming a hot topic.
However, these expectations flew out the window as the severity of the economic and electronics downturn became apparent in the third quarter.
Beyond the downturn, an expected key growth driver for the global semiconductor equipment industry has failed to materialize: massive capital expansions for new capacity in China. China has been unable to establish a technological manufacturing base that requires the use of advanced technologies and expensive new semiconductor manufacturing equipment, says the research firm.
Press Releases
- SEMI Applauds Statement from Senators Crapo and Wyden Supporting U.S. Tax Credit for Semiconductor Manufacturing
- ECIA’s July Industry Pulse Sentiment Index Suffers Summer Slide and Dips 12.5 Points from June High
- Datest to Host Siemens EDA Webinar on Data-Driven PCB Test Planning for Increasingly Complex Electronics Designs
- StenTech Expands North American Manufacturing Capacity Through Strategic Investment