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Nokia not to divest manufacturing plants

Nokia has no plans of divesting its manufacturing facilities. This comes only days after rumours about a possible divestment to EMS-providers started to make the round.

November 30 2009, 9:24 AM
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OEM"Our logistics and manufacturing network is a very important competitive advantage for us, and a core part of our business. We have no plans to change our business model," Nokia spokesman Thomas Jonsson was cited in a Reuters article in saying.

Anssi Vanjoki, General Manager for Marketing at Nokia, told the German magazine Wirtschaftswoche that we would not rule out a sale of its handset manufacturing business in the long term. This has led to rumours of a possible divestment of the manufacturing plants to EMS-providers, such as Foxconn, Elcoteq or Jabil.

Anke Schröter
Anke Schröter

5000 electronics jobs announced

ComponentsTaiwan Semiconductor Manufacturing Co and AU Optronics will increase its workforces dramatically during this year.

March 11 2010, 4:38 PM
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Jabil to lease new site in Hungary

EMSJabil Circuit has leased a new site in Hungary due to higher order volume.

March 11 2010, 3:06 PM

Chip: Below-average growth in Europe

ComponentsThe European semiconductor market has shrunk in 2009, however - with minus 21.9% - not as much as the German market, the German Industry Association ZVEI reports.

March 11 2010, 2:14 PM

Foxlink revenue drops

ComponentsTaiwan based connector maker Foxlink's renevue droped 14,9% in February and 3.48% this year.

March 11 2010, 12:43 PM
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OMR Italia boosts production capacity

PCBEuropean PCB-producer OMR Italia responds to growing demand by adding two units for dry film lamination and exposure.

March 11 2010, 12:00 PM

Graphic increase turnover

PCBUK-based PCB-producer Graphic has increased its turnover in the third quarter by 15% and in the last quarter turnover was up by 15.6% compared to the previous year.

March 11 2010, 10:44 AM

Ericsson to assembly systems in Croatia

OEMEricsson Nikola Tesla, a subsidiary of Ericsson Group and Montenegro Telecom (Crnogorski Telekom) have signed a manufacturing contract.

March 11 2010, 9:33 AM

Sales of semiconductor manufacturing equipment declined 46% in 2009

SMT & InspectionSEMI reported that worldwide sales of semiconductor manufacturing equipment totaled $15.92 billion in 2009, representing a year-over-year decline of 46 percent.

March 11 2010, 9:21 AM

STMicroelectronics arms Pay-TV in battle against piracy

ComponentsSTMicroelectronics is sampling the first STB System-on-Chip devices featuring advanced CryptoFirewall security helping to prevent hacking of pay-TV broadcast signals.

March 11 2010, 9:14 AM

Flextronics to produce for RIM in Brazil

EMSEMS provider Flextronics has reached an agreement with Research in Motion (RIM) in Brazil.

March 11 2010, 8:00 AM

Orbit One receives order in Russia

EMSEMS provider Orbit One has made a breakthrough in the fast growing Russian market.

March 11 2010, 6:11 AM

Multi-Tech signs Future Electronics

ComponentsMulti-Tech Systems has signed a worldwide franchise distribution partnership with Future Electronics.

March 11 2010, 5:46 AM

New RoHS implemented by 2014

GeneralThe time frame for the new RoHS-directive, which includes extended ban on lead, is taking time. New regulations are probably in place in four years time.

March 10 2010, 4:05 PM

Peregrine expands in Europe

ComponentsPeregrine Semiconductor is expanding its European design and manufacturing operations and also is opening a new facility located in Aix-en-Provence, France.

March 10 2010, 4:03 PM

Foxconn sales decline

EMSTaiwan based EMS provider Foxconn post a sales decline for February 2010.

March 10 2010, 12:35 PM

Leoni receives additional order from Siemens

Cable HarnessesLeoni equips also the latest generation of Siemens magnetic resonance tomography units with standard and special cables since end of 2009. Overall, the follow-up contract is worth an eight-digit euro amount.

March 10 2010, 12:18 PM

Heraeus establish R&D center in Taiwan

PCBGermany-based Heraeus plans to set up an R&D center in Taiwan.

March 10 2010, 11:35 AM

TPV to place order at Elcoteq in Russia

EMSEMS provider Elcoteq is currently in negotiations about an assembly contract for TVs and PC monitors with TPV and Philips.

March 10 2010, 11:00 AM

Elcoteq's new plant in Estonia has opened

EMSFinland based EMS provider Elcoteq has officially opened its new production building in Estonia.

March 10 2010, 9:18 AM

Phoenix Mecano expands in Hungary & Tunisia

ComponentsDue to the continuing high demand for components, especially transformers and chokes for use in solar inverters, the company is enlarging its factory space at sites in Kecskemét, Hungary, and Ben Arous, Tunisia.

March 10 2010, 9:15 AM

Scanfil to renovate Estonian plant

EMSOÜ Scanfil, a subsidiary of Finland based EMS provider Scanfil, is renovating its plant in Pärnu, Estonia.

March 10 2010, 9:04 AM
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