News
UPPER SAUCON TWP., PA -- Lutron Electronics Co., a manufacturer of lighting control products and systems, will create at
least 500 new jobs within five years by expanding its Pennsylvania
operations.
Lutron plans to construct a 250,000-sq. ft. office building, and expand its product evaluation building by some 20,000 sq. ft.
Lutron plans to construct a 250,000-sq. ft. office building, and expand its product evaluation building by some 20,000 sq. ft.
PALO ALTO, CA – Despite lower wages and price pressures from overseas competitors, the adoption of Pb-free solder paste has led a resurgence in reflow soldering equipment market sales in North America.
Industry revenues totaled $41.3 million in 2005 and are estimated to reach $68.1 million in 2012, a 3.8% average annual growth rate, Frost & Sullivan said today.
Industry revenues totaled $41.3 million in 2005 and are estimated to reach $68.1 million in 2012, a 3.8% average annual growth rate, Frost & Sullivan said today.
TOKYO -- Toyota will reportedly sign a deal under which Hon Hai Precision Industry, also known as Foxconn, will build electronics for the Japanese automaker. No further details are available.
The roots of the agreement come from a strategic decision by Hon Hai chief executive and founder Terry Guo to hire several former Toyota executives, according to the United Daily News.
The roots of the agreement come from a strategic decision by Hon Hai chief executive and founder Terry Guo to hire several former Toyota executives, according to the United Daily News.
COSTA MESA, CA -- Probe Manufacturing today announced revenues of $2.72 million, for the three month period ended June 30, the electronics manufacturing services firm's highest since 2002.
For the second quarter, net earnings were $617,446 and EBITDA was $410,073. The gross profit was also the company's highest since 2002.
"Our second quarter results are a continuation of our improved performance which started in the fourth quarter of 2005, resulting in our third consecutive quarter of growth and profitability," the company said in a statement.
Probe Manufacturing was founded in 1995.
For the second quarter, net earnings were $617,446 and EBITDA was $410,073. The gross profit was also the company's highest since 2002.
"Our second quarter results are a continuation of our improved performance which started in the fourth quarter of 2005, resulting in our third consecutive quarter of growth and profitability," the company said in a statement.
Probe Manufacturing was founded in 1995.
TAIPEI -- Motorola is expected to award the production of its Motofone cellphone to Foxconn, according to various media reports.
Motorola plans to launch the model late this year.
Motorola plans to launch the model late this year.
STAMFORD, CT — Worldwide PDA shipments totaled 3.7 million units in the second quarter, a 2.7% increase from a year ago, according to Gartner Inc. This was the highest PDA shipment total of any second quarter.
Much of the growth in the PDA market was generated by vendors that were not among the first-tier one year ago, such as Mio Technology, Motorola and Danger Inc. Meanwhile, last year’s first-tier vendors — Research In Motion, Palm, Hewlett-Packard and Dell — have had steady-to-declining shipments.
“The ongoing integration of WAN technology into PDAs, and the marketing push of these devices by wireless operators has produced most of the growth compared to one year ago,” said Todd Kort, principal analyst in Gartner's Computing Platforms Worldwide group.
“The average selling price of PDAs fell by 6% from one year ago to $373, mostly due to aging product lines, the increasing impact of wireless operator subsidies and relatively few new PDAs being launched thus far in 2006,” Kort said. “As a result, worldwide PDA end-user revenue fell by 4.1% from one year ago to $1.38 billion in the second quarter of 2006.”
Much of the growth in the PDA market was generated by vendors that were not among the first-tier one year ago, such as Mio Technology, Motorola and Danger Inc. Meanwhile, last year’s first-tier vendors — Research In Motion, Palm, Hewlett-Packard and Dell — have had steady-to-declining shipments.
“The ongoing integration of WAN technology into PDAs, and the marketing push of these devices by wireless operators has produced most of the growth compared to one year ago,” said Todd Kort, principal analyst in Gartner's Computing Platforms Worldwide group.
“The average selling price of PDAs fell by 6% from one year ago to $373, mostly due to aging product lines, the increasing impact of wireless operator subsidies and relatively few new PDAs being launched thus far in 2006,” Kort said. “As a result, worldwide PDA end-user revenue fell by 4.1% from one year ago to $1.38 billion in the second quarter of 2006.”
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