News
FORT WASHINGTON, PA – Kulicke & Soffa will acquire Alphasem, supplier of die bonder equipment, from Dover Technologies for $30 million, subject to a working capital adjustment. The acquisition is expected to close around Nov. 3, K&S said today.
In a statement, vice president Christian Rheault, called the acquisition “a natural extension of K&S’s core equipment business into die bonding equipment. The die bonding process precedes the wire bonding step in semiconductor chip manufacturing, and normally utilizes adjacent floor space and a common engineering team. This supplier consolidation will enhance our ability to provide solutions to our customers across a greater span of the semiconductor assembly process.”
In a statement, vice president Christian Rheault, called the acquisition “a natural extension of K&S’s core equipment business into die bonding equipment. The die bonding process precedes the wire bonding step in semiconductor chip manufacturing, and normally utilizes adjacent floor space and a common engineering team. This supplier consolidation will enhance our ability to provide solutions to our customers across a greater span of the semiconductor assembly process.”
The die bonder market was $520 million in 2005, according to VLSI Research. Dover put Alphasem and several other business units on the block in July.
HIALEAH, FL -- Electronics contract manufacturer Simclar Inc. expects June quarter net income of $790,000 on sales of $30.5 million, compared to net income of $510,000 and sales of $21.8 million for the March quarter.
The company will restate its 2005 and March quarter 2006 financials due to accounting errors in the company's Mexico subsidiary during 2005.
The company will restate its 2005 and March quarter 2006 financials due to accounting errors in the company's Mexico subsidiary during 2005.
HELSINKI -- Qualcomm has filed a complaint against Nokia, accusing the world's largest maker of cellphones of infringing on six patents related to GSM technology.
The complaint, filed with to the U.S. International Trade Commission, asks for a ban on the import and sale of certain Nokia products.
The complaint, filed with to the U.S. International Trade Commission, asks for a ban on the import and sale of certain Nokia products.
CAMBRIDGE, UK – Active RFID is said to be growing, with several applications already more than $100 million, and is responsible for more than 20% of all spent on RFID. Leading the way: The U.S. military.
New IDTechEx research indicates that the value of sales of active systems will rocket from $550 million in 2006 to $6.78 billion in 2016.
New IDTechEx research indicates that the value of sales of active systems will rocket from $550 million in 2006 to $6.78 billion in 2016.
SANTA CLARA, CA -- An opponent of pending ban on lead in solders in Europe has launched a signature drive to request an exemption.
John Burke, the principal behind RoHSUSA.com, a Website dedicated to stopping the RoHS movement, today set up a petition to the European committee responsible for the mandate, requesting an exemption for lead.
John Burke, the principal behind RoHSUSA.com, a Website dedicated to stopping the RoHS movement, today set up a petition to the European committee responsible for the mandate, requesting an exemption for lead.
ROCHESTER HILLS, MI – EPIC Technologies’ CEO and COO were recognized for entrepreneurial excellence by Ernst & Young at a ceremony on June 8. John Sammut, president and CEO, and Jochen Lipp, vice president operations and COO, received the Entrepreneur Of The Year Award in the Technology category in the Central Great Lakes region.
"While Jochen and I are getting the primary recognition in this award, the reality is that the accomplishments that drove this recognition were attributable to efforts of the entire management and staff of EPIC, “ Sammut said in a press release. “We have an outstanding team and this award continues to demonstrate that industry observers are recognizing that superior results are being generated.”
As Central Great Lakes region award winners, Sammut and Lipp are now eligible for the national program, whose winners will be announced in November.
EPIC is a full service provider of contract electronics services with facilities in Michigan, Ohio, Tennessee and Mexico.
"While Jochen and I are getting the primary recognition in this award, the reality is that the accomplishments that drove this recognition were attributable to efforts of the entire management and staff of EPIC, “ Sammut said in a press release. “We have an outstanding team and this award continues to demonstrate that industry observers are recognizing that superior results are being generated.”
As Central Great Lakes region award winners, Sammut and Lipp are now eligible for the national program, whose winners will be announced in November.
EPIC is a full service provider of contract electronics services with facilities in Michigan, Ohio, Tennessee and Mexico.
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