News
MUMBAI, INDIA -- Electronics OEMs are reporting modest price increases of end-products, the result of higher materials and logistics costs.
In recent days, Mirc
Electronics Ltd., a maker of consumer electronics, said it will raise prices 5 to 7%
across the board.
Also, Videocon Industries also said it will hike prices on consumer goods by some five to 10%.
Mirc Electronics makes TVs, DVD players and white goods under the Onida brand. Videocon makes TVs and white goods. Both companies cited higher raw material prices, especially for copper and other metals.Separately, notebook PC EMS firm Wistron in in talks with customers over increasing manufacturing quotes to reflect rising material and component costs, according to chairman Simon Lin. Wistron is one of the world's largest notebook PC makers.
SAN JOSE – The Semiconductor Industry Association issued a statement thanking the U.S. Senate Appropriations Committee for approving funding increases for science and engineering research in the supplemental appropriations bill before Congress this week.
“Science and engineering research is the backbone of American innovation, and we thank leaders of the Senate Appropriations Committee for underscoring this message by appropriating increases in research funding,” said SIA president George Scalise. “Funding for basic research is one of the three components of the U.S. innovation agenda and is critical to ensuring America’s continued innovation and technological leadership in the global economy.”
The fiscal 2008 consolidated appropriations bill reported out of the Senate Appropriations Committee last Thursday includes $300 million for basic research in the physical sciences and engineering, one important component of the U.S. innovation agenda. The bill appropriates $200 million for science and engineering research and math and science education, at the National Science Foundation, and $100 million for science and engineering research at the Office of Science in the Department of Energy.
“We are encouraged by this important step toward boosting U.S. competitiveness and urge both chambers of Congress to include these critical research appropriations in the final bill. In addition, we urge the Administration and the Congress to take meaningful action on remaining components of the Innovation Agenda, including reforming the immigration system for highly educated workers and extending an enhanced R&D tax credit,” said SIA chairman Willem Roelandts.
“Other nations have already adopted the components of an innovation agenda that our nation continues to talk about. Congress and the Administration now have an opportunity to fulfill a bipartisan commitment they made to American innovators,” Scalise said.
NEWBRIDGE, UK -- EMS firm Axiom Manufacturing Services named Mike Jones quality manager and Simon Crewe supply chain manager.
Jones has a degree in electrical and electronic engineering and 25 years’ experience in electronics.
SCHAUMBURG, IL – Rich Nottenburg, Motorola's chief strategy and technology officer, resigned from the beleaguered cellphone company, to “return to the New York area to be with his family and pursue other opportunities.” He had been chief strategy officer since 2004 and had run the company’s R&D programs since December.
The company promoted Dan Moloney, head of its home networks mobility business, to also oversee Motorola Labs, the company’s research group.
The company promoted Dan Moloney, head of its home networks mobility business, to also oversee Motorola Labs, the company’s research group.
There is speculation that Nottenburg is the latest casualty of Carl Icahn, Motorola's largest private investor, who has been pushing for several changes within the company.
SIOUX FALLS, SD – Raven Industries today announced first-quarter sales of $75.2 million, up 29% year-over-year. Most of the increase was a result of strong sales from the Flow Controls division, the firm said.
AUSTIN, TX -- EMS provider Bantam Electronics has signed an agreement to manufacture JBM Electronics' Gateway C120 Routers.
No financial terms were announced.
No financial terms were announced.
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