News
SAN JOSE – The SIA today lowered its 2007 forecast for global microchip sales growth from 10% to 1.8%, citing drops in average selling prices. The new forecast projects total sales of $252 billion, rising to $306 billion in 2010, a 5.4% CAGR for year-end 2006 through 2010, said the trade group's president, George Scalise.
TAIWAN – Cellphone maker Foxconn International Holdings Ltd. plans to spend $1 billion by the end of 2008 to more than double its production capacity, according to published reports.
The company produced more than $10 billion worth of products last year, and expects to produce more than $20 billion from 2008 through 2009.
VANCOUVER -- PTL Electronics Ltd. has invested $1.1 million in new equipment and will
open a manufacturing facility in August to meet customer demand. The EMS firm's new facility will double the existing manufacturing space, while and the new equipment is expected to increase
capacity by 150%. It will bring the number of Siemens high-speed SMT lines to four, including a
single line dedicated to prototypes.
The new facility will be situated close to the
current location, and will open in August. It will include
a dedicated area for full box-build assembly. PTL will operate in both locations
simultaneously for two months to ease potential disruptions.
PTL, which is owned by Moventis Capital, grew 76% last year to $15.7 million and will have $5 million in backlogs
for the quarter ending June 30.
NEENAH, WI -- Plexus Corp. executive Paul Ehlers, 51, died June 10 from cancer. Ehlers, who had been on medical leave since January 2007, was executive vice president and chief operating officer.
In a statement, chief executive Dean Foate said, "Paul was a tremendous leader and a trusted friend. His passion for life, his competitive nature and his eternal optimism resonated in everything he did. The overwhelming expressions of support over the past few months from customers, suppliers and fellow Plexus associates around the world is a testament to the positive impact that Paul had on the people and businesses that he touched. He will be deeply missed."
In a statement, chief executive Dean Foate said, "Paul was a tremendous leader and a trusted friend. His passion for life, his competitive nature and his eternal optimism resonated in everything he did. The overwhelming expressions of support over the past few months from customers, suppliers and fellow Plexus associates around the world is a testament to the positive impact that Paul had on the people and businesses that he touched. He will be deeply missed."
MANASSAS, VA – DiversiTech will be the new sales representative for Zestron America in southern California and Nevada.
DiversiTech will promote Zestron’s product and service line for PCB defluxing, stencil and maintenance cleaning applications.
DiversiTech attended a two-day technical training at Zestron’s Manassas, VA, facility.
DiversiTech will promote Zestron’s product and service line for PCB defluxing, stencil and maintenance cleaning applications.
DiversiTech attended a two-day technical training at Zestron’s Manassas, VA, facility.
EL SEGUNDO, CA – Global LCD TV shipments declined to 14 million units in the first quarter, down 8% sequentially.
Amid weak seasonal conditions for LCD TVs, Philips Electronics posted the worst performance among the world’s top five brands, with a 26% slide in sales, dropping it one spot to third in the market, according to iSuppli Corp.
Amid weak seasonal conditions for LCD TVs, Philips Electronics posted the worst performance among the world’s top five brands, with a 26% slide in sales, dropping it one spot to third in the market, according to iSuppli Corp.
Press Releases
- Johan Stormlund Joins Inspectis AB as Marketing and Sales Manager, Industrial Applications
- Altus Brings Heller’s Revolutionary Short-Cycle Vacuum Reflow Oven to the UK and Ireland
- High Density Packaging User Group Announces European Space Agency Membership
- High-Density Packaging User Group Announces ASKPCB Membership