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Recession hits Foxconn

Taiwan based EMS provider Foxconn International Holdings Ltd. said it will post a significant decline in its full-year profit.

January 26 2010, 8:03 AM
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EMSFull-year profit in 2009 will fall from 2008 as the global recession eroded demand for phones and lowered prices of its products, Foxconn said. The share fell more than 10 percent on the Hong Kong stock market, the most since March 2009.

ON Semi expands Belgian facility

ComponentsON Semiconductor plans to expand production capacity at its 6-inch (150mm) wafer manufacturing facility in Oudenaarde, Belgium, by around 40% with a total equipment investment in 2010 of EUR 12.3 million.

September 10 2010, 3:47 PM
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BitSim expands its operation to Finland

EmbeddedBitSim (now starts operation in Finland and has opened an office in Oulu.

September 10 2010, 3:39 PM

Falcon PCB Group acquires Artetch Circuits Ltd

PCBThe Falcon PCB Group has acquired PCB manufacturer Artetch Circuits Ltd, located in West Sussex UK. The company will be known as Merlin Artetch Ltd.

September 10 2010, 2:05 PM

Neways Micro Electronics with ISO TS 16949

EMSThe manufacturing site of Neways Micro Electronics Wuxi (China) was successfully audited according to ISO TS 16949; standard for the manufacturing of products for the segment automotive electronics.

September 10 2010, 1:03 PM

Hon Hai back on track with August figures

EMSHon Hai reports non-consolidated sales of NTD 214.805 billion for August 2010; a YoY increase of 98.44%.

September 10 2010, 12:14 PM

Dongguan Somacis Graphic with strongest 2Q ever

PCBDongguan Somacis Graphic Co.,Ltd. has reached another growth record in its fiscal 2Q/2010.

September 10 2010, 10:37 AM

© Connect Systems

Connectors in the Medical Electronics market

ComponentsThe world market for connectors in the Medical Electronics market in 2009, reached USD 1.16 billion. Many of the medical market segments were impacted by the recessionary economic environment in 2009.

September 10 2010, 9:42 AM

Nokia's boss steps down

OEMOlli-Pekka Kallasvuo will step down from his post as Nokia's CEO on September 20, 2010. He will also resign from his position on the Nokia Board of Directors with immediate effect.

September 10 2010, 8:30 AM

EBV and SIMCom in distribution agreement

ComponentsEBV Elektronik, an Avnet company, and SIMCom Wireless Solutions have signed a distribution agreement to promote and deliver SIMCom products to customers within the EMEA region.

September 10 2010, 8:15 AM

White lies and project management. It’s everywhere!

GeneralProject Place stands responsible for a recent survey that reveals some of Sweden's (and Europe’s) most imaginative excuses and white lies in project management. Result?

September 10 2010, 7:08 AM

EP-TeQ is distributor for Osai

PCBEP-TeQ ApS, distributor in the Nordic and Baltic countries, has just been chosen by Osai Automation Systems as their distributor.

September 09 2010, 4:38 PM

Farnell increase revenue by 30% in 2Q

ComponentsDistributor Premier Farnell reported increased group sales for the 2Q/2010 (ended August 1, 2010). Sales grew 29.6% year on year.

September 09 2010, 3:29 PM

© Samsung

Samsung invests in Poland

OEMKorean electronics giant Samsung is to invest further into its manufacturing facility in Wronki (Poland).

September 09 2010, 2:17 PM

Seoul Commtech partners with u-blox GPS

EmbeddedSeoul Commtech, a member of the Samsung Group, has chosen u-blox as its partner for embedded GPS technology.

September 09 2010, 12:47 PM

CE companies must leverage cost advantages

GeneralIndications from the first quarter of 2010 suggest that a gradual economic recovery is already underway, demonstrated by widespread increases in company revenues following a year of steep decline, states Deloitte’s CE Top500 report.

September 09 2010, 11:15 AM

Flextronics with pressured margin goal

EMSEMS-provider Flextronics is 'facing headwinds' when it comes to reaching the margin goal of 3.5%'. This was attributed, in part, to rising costs in China.

September 09 2010, 10:19 AM
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STMicroelectronics with HD Set-Top-Box Design Win

ComponentsSTMicroelectronics is to supply its System-on-Chip for high-definition STBs to Cyfrowy Polsat Technology, the equipment manufacturing division of Cyfrowy Polsat.

September 09 2010, 9:32 AM

Cicor with order from Defense sector

EMSCicor Group’s Microelectronics Division has signed a two year agreement worth EUR 2 million.

September 09 2010, 8:05 AM

RUAG Space wins contract from MDA

OEMThe Austria-based RUAG Space received an order from the Canadian information solutions company MacDonald, Dettwiler and Associates (MDA) to build and supply deployment mechanisms for antenna reflectors.

September 09 2010, 7:42 AM

Digi-Key and AMS sign distribution agreement

ComponentsDigi-Key and austriamicrosystems (AMS) have entered into an worldwide distribution agreement.

September 09 2010, 6:20 AM

Tyco to sell German business unit

ComponentsTyco Electronics has entered into a definitive agreement to sell its mechatronics business located in Niefern, Germany to L. Possehl & Co. mbH.

September 08 2010, 3:30 PM
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