NXP invests in Thailand
Dutch chip manufacturer NXP is to invest around US$300 million into a production base for IC packaging in Thailand.
ComponentsNXP plans to invest around US$300 million in production expansion, reports the Bangkok Post. After feeling the slump in demand, NXP starts investing and recruiting in Thailand again - as orders have picked up.
"We are investing in Thailand for two things, the first is production expansion by adding new equipment. At the same time, NXP is relocating high-tech activities from Europe and some products from the Philippines to Thailand," Theo Halders, vice-president and general manager of NXP Semiconductors and managing director of its Thai unit told the newspaper.
NXP currently operates 6 facilties in Europe, the Philippines, Hong Kong, China and Thailand, but announced a major overhaul at the end of 2008. The company has already closed down its US wafer facility and a European facility is to follow soon.
Ferrari: Too hot to handle
GeneralThe Italian sports car manufacturer Ferrari is recalling 1'200 cars, as several caught fire.
Titoma with new Country Manager France
EMSEMS-provider Titoma appoints Alain Traverso as Country Manager France.
Foxconn likely to speed up inland move in China
EMSFoxconn is likely to speed up moving production to inner China locations.
Bree completes ISO audit
PCBBree, part of French Cire Group, has successfully completed the ISO TS 16949 audit.

