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FRAMINGHAM, MA -- February brought a slight rebound in projected IT spending after declines over the previous three months, CIO magazine said today.

Chief information officers predict spending growth of 5.9% over the next 12 months, up from 5.4% reported during January, according the magazine's monthly poll.

Telecom equipment and infrastructure software had the largest number of CIOs who predict increases.

"The February results are somewhat reassuring" said Gary Beach, group publisher of CXO Media, the company that publishes CIO. "After three straight monthly declines, it is a good sign we are seeing some leveling off. CIOs are now facing
a more constrained environment and must make hard choices between infrastructure maintenance and system upgrades. I believe in the coming months we will see a slow but steady rate of growth. However, unless the CEO and CFO loosen the
purse strings, we will not see explosive growth."

"Although IT spending projections improved modestly from January levels, CIO spending expectations have declined noticeably from last fall," said Chris Whitmore, director IT hardware research for Deutsche Bank Securities. "The upswing
this month in the telecom and infrastructure software markets is one highlight in the data. However, it remains to be seen if this is the beginning of a trend."


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AYLESBURY, ENGLAND -- EMS company TT Electronics has acquired the contract assembly arm of Dage Holdings Ltd. No financial details were made available.


Dage Electronics Integrated Systems
has sites in Suzhou, China, and the U.K.

 

TT Electronics called the asset acquisition "complementary," saying DEIS has strong backplane design and manufacturing capabilities.



MIAMI -- Day two of a conference for electronics hardware OEMs and their EMS suppliers was "relatively neutral," the sponsoring firm said today. One company, Plexus, suggested a possible acquisition in Eastern Europe.

In a report issued today, Deutsche Bank said Celestica CFO Anthony Puppi gave cautious forecast for end-market demand this year.

Celestica and Plexus said the March quarter is running to expectations, despite continuing pricing pressure. At the end of its latest, 15-month restructuring plan, Celestica expects capacity utilization to reach 70%.

Plexus CEO Dean Foate said that the EMS firm's top-line growth this year will be
primarily from new program ramps. The company has restructured several supply-chain agreements, "which should help drive improved working capital management in the March quarter and beyond," DB said.

Plexus also said an acquisition or greenfield expansion in Eastern Europe was a possibility.
 
The company expects its Penang, Malaysia, plant will reach breakeven by late in the third quarter, DB said..

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NEW ALBANY, IN - Key Electronics Inc., a provider of electronics manufacturing services, has acquired the assets of Accutronix Manufacturing Services. Financial details were not disclosed.

Accutronix is a privately-held electronics manufacturer with 47 employees in Owingsville, KY.

Mark Fulks, senior vice president at Key, becomes general manager for the Kentucky operation.

Key employs about 100 workers at its New Albany factory, and is constructing a 104,000 sq. ft. office and manufacturing facility in Jeffersonville, IN. The new plant is scheduled to be opened this summer.

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SAN JOSE, Jan. 10 -- SEMI and the Semiconductor Industry Association today announced a joint study on nanotechnology applications for electronics. The study will provide definition of the rapidly-emerging global nanoelectronic markets and look at requirements and opportunities for equipment and materials suppliers.

The study, tentatively titled Global Nanoelectronics Markets and Opportunities, will be available in the third quarter. The report will be based on interviews with industry executives in China, Europe, Japan, Korea, North America, Taiwan and other regions.

"Nanosciences are a new frontier of technologic pursuit. They have numerous potential market applications in the electronics industries and represent great opportunities for those that provide the enabling materials, processes and systems to exploit them," said SEMI president and CEO Stanley Myers. "We are pleased to partner with the SIA and to leverage our combined research capabilities and industry relationships in order to provide an authoritative resource on this quickly developing field."

"The nanoelectronics era will revolutionize the semiconductor industry as we utilize new materials, new device structures and new assembly methods to extend Moore's Law," said SIA president George Scalise. "This study will provide quantified insight and in-depth analysis to help companies understand the new landscape and to focus their business and investment strategies on applications with the greatest opportunities for commercialization."

The report will identify the current and planned nanotechnology activities of semiconductor, display, storage, optoelectronic, sensor and MEMS companies. Additionally, equipment and materials process technologies, applications, requirements and opportunities will be defined.

Nanotechnology equipment and materials market size will be provided by business segment and 5,10 and15-year market forecasts will be presented based on various scenarios of new technology penetration.

The single-user cost of the study ordered prior to August 31, 2005 will be $4,000 for SEMI and SIA members and $5,000 for non-members. After August 31, the cost will be $5,000 for SEMI and SIA members and $6,500 for non-members. Multi-user license may be purchased for $12,500 for SEMI and SIA members and $15,000 for non-members.

For additional information, or to place an order for Global Nanoelectronics Markets and Opportunities, go to www.semi.org or call SEMI customer service at +1.408.943.6900.


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DALLAS, Jan. 25 -- Integrated Performance Systems, a holding company for printed circuit board manufacturers, will consolidate its operations into its Wylie, TX, plant.

The 101,000 sq. ft. Wylie plant is home to Lone Star Circuits, which IPS acquired last November in what is considered a reverse takeover.

The company said it would close its PC Dynamics manufacturing plant located in Frisco, TX. PC Dynamics is a wholly owned subsidiary of IPFS.

The firm said it has begun duplicating processes at its Wylie site and should have all of the new lines running within the next eight weeks.


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