News
QINHUANGDAO, CHINA – Foxconn plans to invest $1 billion in the manufacturing of electronics products over the next three years in Qinhuangdao, according to Xinhua.net.
The company will build an industrial park in the Beidaihe district of Qinhuangdao, according to Terry Gou, president of Hon Hai Precision, the parent company of Foxconn.
The park will contain nanotechnology R&D centers and electronics manufacturing factories for PCBs and signal transmitters. The location reportedly will create 35,000 jobs, says Foxconn.
Qinhuangdao is situated in Hebei province, about 300 km east of Beijing.
In February, Foxconn started a $99- million project in Langfang City, located between Beijing and Tianjin City in northern China.
ANGLETON, TX – EMS firm Benchmark Electronics today announced net income was $25.9 million for the second quarter, a 6% drop from the same period last year.
WASHINGTON, DC — Total factory-to-dealer sales of consumer electronics will surpass $160 billion in 2007, according to Consumer Electronics Association. The association’s semiannual U.S. Consumer Electronics Sales and Forecasts projects 8% industry growth for the year.
More than 60 companies contributed to this latest report, and coverage of existing product categories was expanded to include HDTVs, personal computers and cellular phones. Among new product categories are set-top boxes, next-generation DVD players, VoIP adapters, digital photo frames, smartphones and MP3 player speaker docks.
Accessories have emerged as a powerful booster to overall CE sales, says CEA. The association predicts accessory sales will reach almost $9 billion, with more than 317 million units shipped this year.
The largest contributor in terms of dollar sales continues to be display technologies, adds CEA. Forecasted to reach shipment totals of $26 billion, the display category, including flat screen digital TVs, continues to grow with more than 30 million digital televisions projected to ship by year's end.
The portable communications market will also grow substantially. CEA projects more than $20 billion will be spent on portable devices, an increase of 12% year-over-year. This is in part a result of consumer demand for devices that enable entertainment content and business applications on the go, says CEA.
The association claims smartphones, including the Apple iPhone, typify consumer demand for converged wireless capabilities, including e-mail, Internet browsing, instant messaging, and audio and video entertainment.
More than 60 companies contributed to this latest report, and coverage of existing product categories was expanded to include HDTVs, personal computers and cellular phones. Among new product categories are set-top boxes, next-generation DVD players, VoIP adapters, digital photo frames, smartphones and MP3 player speaker docks.
Accessories have emerged as a powerful booster to overall CE sales, says CEA. The association predicts accessory sales will reach almost $9 billion, with more than 317 million units shipped this year.
The largest contributor in terms of dollar sales continues to be display technologies, adds CEA. Forecasted to reach shipment totals of $26 billion, the display category, including flat screen digital TVs, continues to grow with more than 30 million digital televisions projected to ship by year's end.
The portable communications market will also grow substantially. CEA projects more than $20 billion will be spent on portable devices, an increase of 12% year-over-year. This is in part a result of consumer demand for devices that enable entertainment content and business applications on the go, says CEA.
The association claims smartphones, including the Apple iPhone, typify consumer demand for converged wireless capabilities, including e-mail, Internet browsing, instant messaging, and audio and video entertainment.
HAMPSTEAD, NH – P.D. Circuits Inc., a leading PWB distributor, has completed Phase 1 of its China PWB Supply Chain Management group development. In the program's first year, the company hired a group manager, registered the company, established an office in Shenzhen, and set up its initial China bare board inspection facility.
Since that time, P.D. Circuits has added an operations manager, a process engineer and QC inspectors. Two of the new employees have also certified to IPC-A-600G and initiated training and inspection visits to P. D.’s manufacturing partners.
Since that time, P.D. Circuits has added an operations manager, a process engineer and QC inspectors. Two of the new employees have also certified to IPC-A-600G and initiated training and inspection visits to P. D.’s manufacturing partners.
STAMFORD, CT – A lull in demand for semi equipment has arrived, as worldwide semi capital equipment spending is forecast to total $43.1 billion this year, a 2.7% increase year-over-year, according to Gartner Inc. However, the mark represents a large increase over the research group’s earlier forecast.
PALO ALTO – The LCD manufacturing equipment market topped $1.5 billion in 2006 and will reach $2.3 billion by 2013, Frost & Sullivan’s World LCD Manufacturing Equipment Markets reveals.
Improved HD and larger LCD televisions increase demand and drives the growth of the LCD manufacturing equipment market. Additionally, decreased panel prices have made LCD TVs more affordable, which will lead to phenomenal LCD TV growth, says Frost.
Despite the increase in panel sizes, the sales of older generation equipment will not come to a standstill as desktop monitors, cellphones and other electronics utilize smaller display sizes. Countries such as China will continue to see investment in older generation equipment as they manufacture large volumes of small-sized displays, says the research firm.
The market’s fierce competition leads to extreme price pressures, further compounded by the fall in glass substrates’ prices. Therefore, for equipment vendors to maintain profitability, they must manage cost structures and find new ways to control costs, concludes the firm.
Improved HD and larger LCD televisions increase demand and drives the growth of the LCD manufacturing equipment market. Additionally, decreased panel prices have made LCD TVs more affordable, which will lead to phenomenal LCD TV growth, says Frost.
Despite the increase in panel sizes, the sales of older generation equipment will not come to a standstill as desktop monitors, cellphones and other electronics utilize smaller display sizes. Countries such as China will continue to see investment in older generation equipment as they manufacture large volumes of small-sized displays, says the research firm.
The market’s fierce competition leads to extreme price pressures, further compounded by the fall in glass substrates’ prices. Therefore, for equipment vendors to maintain profitability, they must manage cost structures and find new ways to control costs, concludes the firm.
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