News
BEIJING -- The Chinese government ordered Foxconn's Shenzhen EMS site to create a union for workers this year, according to the Beijing News today.
Shenzhen officials have reportedly told Hong Fu Jin Precision Industry, the local name of the Foxconn plant, to set up a union by the end of this year, the paper said.
Shenzhen officials have reportedly told Hong Fu Jin Precision Industry, the local name of the Foxconn plant, to set up a union by the end of this year, the paper said.
SAN JOSE -- Flextronics will acquire International DisplayWorks, a designer and manufacturer of LCDs and other components for handheld and industrial products, in an all-stock deal valued at $300
million.
The transaction is subject to customary closing conditions,
including IDW stockholder approval and certain regulatory approvals, and is expected to close in the fourth quarter.
SAN JOSE – July sales of semiconductors were up up 11.5% worldwide to $20.1 billion, the Semiconductor Industry Association
reported today. July’s sales were up 1.8% over June, and continued the record pace.
“The worldwide semiconductor industry is on track to surpass $240 billion in sales this year, which represents a new record,” said SIA president George Scalise. “Growth continues to be strong across a broad range of end markets and geographic regions as well, particularly Asia Pacific which is up over 13% year-on-year, and the U.S., where sales increased almost 18% over last year."
“The worldwide semiconductor industry is on track to surpass $240 billion in sales this year, which represents a new record,” said SIA president George Scalise. “Growth continues to be strong across a broad range of end markets and geographic regions as well, particularly Asia Pacific which is up over 13% year-on-year, and the U.S., where sales increased almost 18% over last year."
EL SEGUNDO, CA — Intel Corp. experienced a dramatic decline in semiconductor revenue in the second quarter and posted its lowest quarterly market share in more than four years, according to a new ranking from iSuppli Corp.
Following an increase in its revenue and market share in 2005, the world’s largest chipmaker in the second quarter saw its semiconductor revenue fall 12.8% sequentially and its share of the global chip market shrink to 11.4%, down from 13.2% in the first quarter.
That is the lowest share for Intel since iSuppli began tracking quarterly semiconductor market shares in the first quarter 2002.
“Following such an impressive 2005, this represents a major reversal of fortune for Intel,” said Dale Ford, vice president of market intelligence services at iSuppli. “However, Intel’s recent actions show it understands the need to improve its efficiency and sharpen its focus on its core business of microprocessors and integrated circuits for computing systems.”
Top-10 Semiconductor Suppliers, Q2 2006 (in US$ millions)
Q2 2006 Revenue %Change
1. Intel 7,095 -12.4%
2. Samsung 4,481 1.5%
3. TI 3,175 5.2%
4 . STM 2,495 5.6%
5. Toshiba 2,328 0.5%
6 . Renesas 2,081 6.0%
7 . Hynix 1,694 17.1%
8 . Philips 1,534 4.4%
9 . Freescale 1,527 4.2%
10. NEC 1,380 -0.4%
Others 34,462 2.9%
Following an increase in its revenue and market share in 2005, the world’s largest chipmaker in the second quarter saw its semiconductor revenue fall 12.8% sequentially and its share of the global chip market shrink to 11.4%, down from 13.2% in the first quarter.
That is the lowest share for Intel since iSuppli began tracking quarterly semiconductor market shares in the first quarter 2002.
“Following such an impressive 2005, this represents a major reversal of fortune for Intel,” said Dale Ford, vice president of market intelligence services at iSuppli. “However, Intel’s recent actions show it understands the need to improve its efficiency and sharpen its focus on its core business of microprocessors and integrated circuits for computing systems.”
Top-10 Semiconductor Suppliers, Q2 2006 (in US$ millions)
Q2 2006 Revenue %Change
1. Intel 7,095 -12.4%
2. Samsung 4,481 1.5%
3. TI 3,175 5.2%
4 . STM 2,495 5.6%
5. Toshiba 2,328 0.5%
6 . Renesas 2,081 6.0%
7 . Hynix 1,694 17.1%
8 . Philips 1,534 4.4%
9 . Freescale 1,527 4.2%
10. NEC 1,380 -0.4%
Others 34,462 2.9%
MINNEAPOLIS -- The SMTA will host a job center during its annual conference later this month and is soliciting local and national companies for job openings in the electronics manufacturing and supply industry.
The event will take place Sept. 26-28 at SMTAI, held in conjunction with Assembly Technology Expo, in Rosemont, IL.
In conjunction with the fair, SMTA will provide booth space and a listing of jobs available. Potential employees will be matched to the jobs available and will be given copies of job descriptions and company contact information.
To participate send job openings to Sis Sullivan at sis@smta.org no later than Sept. 15. Include the following:
* Company name.
* Job title and description .
* Job function.
* Number of openings .
* Company contact information (name, phone, email address) .
* Preferred method of contact (mail, email, phone call) .
This is a free service provided by the SMTA.
The event will take place Sept. 26-28 at SMTAI, held in conjunction with Assembly Technology Expo, in Rosemont, IL.
In conjunction with the fair, SMTA will provide booth space and a listing of jobs available. Potential employees will be matched to the jobs available and will be given copies of job descriptions and company contact information.
To participate send job openings to Sis Sullivan at sis@smta.org no later than Sept. 15. Include the following:
* Company name.
* Job title and description .
* Job function.
* Number of openings .
* Company contact information (name, phone, email address) .
* Preferred method of contact (mail, email, phone call) .
This is a free service provided by the SMTA.
SAN JOSE -- SEMI, the trade group for semiconductor materials and equipment suppliers, is lobbying for a extension of the R&D tax credit through 2007.
The previous tax credit expired Dec. 31, 2005. The current proposal would extend it through 2007 and apply it retroactively.
Prior to its summer recess, House leaders attached the credit to the so-called “trifecta” legislative package. While the House approved this package, which includes an estate tax reduction and a minimum wage increase, the Senate did not move to a vote and it is unclear how the body will move during the fall session.
SEMI calls the tax credit "an important component of American competitiveness," and encourages its members to push Congress to enact the credit.
The previous tax credit expired Dec. 31, 2005. The current proposal would extend it through 2007 and apply it retroactively.
Prior to its summer recess, House leaders attached the credit to the so-called “trifecta” legislative package. While the House approved this package, which includes an estate tax reduction and a minimum wage increase, the Senate did not move to a vote and it is unclear how the body will move during the fall session.
SEMI calls the tax credit "an important component of American competitiveness," and encourages its members to push Congress to enact the credit.
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