News
TAIWAN – Taiwan-based Foxconn has unveiled its first software base in mainland China, according to a report from ChinaTechNews.com. This comes after the company signed a letter of intent with the municipal government of Nanjing earlier this year.
According to the report, CEO Terry Guo said the company chose the Pukou district of Nanjing for its facility, which will design wireless communications networks, enterprise information security and medical software.
The company plans to recruit 30,000 software engineers in five years for the Nanjing site, according to media reports. The site is now operational with more than 200 software developers.
EL SEGUNDO, CA – Contract manufacturers are getting into the LCD-TV market in a big way, with global production of such sets expected to rise by more than a factor of five by 2011, iSuppli Corp. predicts.
ATHENS, OH – Innovation, the future and family took center stage when Dr. Jennie S. Hwang addressed Ohio University undergraduates as the schools’ commencement speaker in June.
In her talk, Dr. Hwang, president of H-Technologies Group, focused on the elements she deems crucial for workplace success. She advised the 4,500 graduates and about 25,000 others in attendance to “go for creativity and innovation, no matter what field you will be entering.
Dr. Hwang, who is the first woman to earn a doctorate in materials science and engineering from Case Western Reserve, offered specific words for female graduates. “To have both a career and a family and to do well in both is indeed a daunting task. It takes effort, discipline and planning. But it can be done [and] nothing can be more fulfilling.”
Dr. Hwang, who was previously a commencement speaker at her alma mater, Kent State University, spoke from experience. In addition to raising two children, she was director of technology at Lockheed Martin, and has held top positions at SCM Corp. and Sherwin Williams, and has been a successful entrepreneur, having launched several businesses.
In her talk, Dr. Hwang, president of H-Technologies Group, focused on the elements she deems crucial for workplace success. She advised the 4,500 graduates and about 25,000 others in attendance to “go for creativity and innovation, no matter what field you will be entering.
Dr. Hwang, who is the first woman to earn a doctorate in materials science and engineering from Case Western Reserve, offered specific words for female graduates. “To have both a career and a family and to do well in both is indeed a daunting task. It takes effort, discipline and planning. But it can be done [and] nothing can be more fulfilling.”
Dr. Hwang, who was previously a commencement speaker at her alma mater, Kent State University, spoke from experience. In addition to raising two children, she was director of technology at Lockheed Martin, and has held top positions at SCM Corp. and Sherwin Williams, and has been a successful entrepreneur, having launched several businesses.
FRAMINGHAM, MA – Worldwide semiconductor sales will grow 4.8% this year, before rebounding to 8.1% in 2008, IDC says.
2007 sales are down from 8.8% last year, in part because of inventory and pricing issues. However, IDC expects growth to resume at 8.1% in 2008. An even healthier outcome could be realized, should capacity expansion be tempered next year and growth in demand remain strong, the company says.
Elsewhere, IDC says, market trends point to ongoing mergers and acquisitions that will reshape the landscape and bring traditional suppliers to the forefront.
According to IDC, PC and mobile phone unit volume is steady, led by emerging regions and low-end products; consumer demand is lackluster, but excess inventory has subsided, and design momentum will lead to substantial volume growth during the holiday season.
A severe price correction in the first half leveled the market for memory devices, such as DRAM and NAND. And the microprocessor market remains flat, the firm reports.
IDC’s forecasts emerging regions will boost semiconductor volume growth; multimedia-rich mobile phones continue to drive semiconductor content and demand for processing, memory consumption, and power management; personal computing further migrates toward mobility and low-priced form factors; video processing proliferates across multiple consumer electronic segments, resulting in strong growth for semiconductor suppliers; semiconductor connectivity technologies drive new usage models across device segments, and growth in personal content implies increasing need for storage, including NAND.
In 2006, the top 10 semiconductor vendors accounted for 48% of the worldwide market revenue, says IDC. Intel, Samsung and Texas Instruments held on to the top three positions, with TI showing the highest growth percentage in revenue among the top three. With the exception of Intel, Renesas and NXP, all other vendors in IDC's top 10 ranking showed positive growth. Hynix grew an amazing 43% year-over-year.
SPOKANE VALLEY, WA – EMS provider Key Tronic Corp. reported revenue of $49.2 million for the fourth quarter, up 4% sequentially and down 6% year-over-year.
Net income for the fourth quarter was $2.7 million, which included a benefit from the company's sale of its former facility in Las Cruces, NM, of approximately $1.5 million.
This compares to $7.1 million for the same period last year, which included an income tax benefit of approximately $5 million.
For the year, revenue was $201.7 million, up 7% from last year. Net income was $5.2 million, down 47% year-over-year.
SAN JOSE, CA – Joseph R. Bronson has been named president and COO of Sanmina-SCI Corp., and was elected to the board of directors, the EMS provider announced Thursday.
Press Releases
- AIM Solder Appoints Angel Lopez as Technical Support Engineer in North America
- AIM Solder Appoints Angel Lopez as Technical Support Engineer in North America
- Viscom Inc. Presents AI-Driven Inspection Innovations at APEX Expo 2026
- Libra Industries Names Tony Jepson as General Manager of Dallas Facility