SINGAPORE -- Asia-Pacific consumers will increasingly opt for higher-end set-top boxes that support personal video recorder and high-definition features, according to a new study from ABI Research. This trend will be driven to a large degree by China, which will see the region's largest increase in subscriber numbers.
The firm forecasts China to take the lead in shipments, with
approximately 75 million digital cable STBs and 9 million telco TV STBs, respectively, by
2012.
TRNAVA, SLOVAKIA — Samsung Electronics is reportedly planning to invest $155 million in a new LCD assembly plant here, with total investment possibly reaching $600 million, according to published reports.
The new plant is expected to employ 5,700 workers by 2010, and construction could begin during the next few months, EE Times said today.
SANTA BARBARA, CA – Design Solutions Inc. has acquired Paradigm Manufacturing Partners, an EMS provider based in Garden Grove, CA. Paradigm, which has one SMT line, performs NPI through medium-volume surface-mount board assemblies, box build and rework projects. Scott Penin, president and CEO of Paradigm, has been appointed vice president of global manufacturing of DSI.
EL SEGUNDO, CA – Shipments of portable media player and MP3s will grow to 268.6 million units in 2011, a CAGR of 5.5% from this year, says research firm iSuppli Corp.
“The future of PMP/MP3 players is bright due to continued hardware cost reductions, the rapid growth of online video and audio content and new offerings that will make it easier for users to access and download such online media,” said senior analyst Chris Crotty.
iSuppli believes PMPs will retain their technological edge over media-capable handsets, including media-capable cellphones like Apple’s new iPhone.
AMSTERDAM – Royal Philips Electronics has taken its first steps toward divesting its stake in Taiwan Semiconductor Manufacturing Company(TSMC), selling about 887 million shares to financial investors in Taiwan for about 1.3 billion euros in cash.
The move was expected: Philips on March 9 announced a multi-phased plan to divest itself from TSMC.
The sale generated proceeds of approximately 1.3 billion euros, and will result in a non-taxable gain of approximately 725 million euros for Philips’ first quarter 2007.
Philips now holds approximately 3,301 million shares in TSMC, lowering its holding in TSMC from 16.2% to 12.8%.