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Speaking of this Week — April 30, 2004
December 31, 1969 |Estimated reading time: 2 minutes
By Christine F. Della Monaca, Managing Editor, SMT
Speaking of this Week summarizes and analyzes events in the electronics assembly industry every Friday.
The news, like the weather, keeps getting better. Upcoming trade show news continues to flourish, while several important companies announced partnerships and merger news. Some progress, personnel and financial news, as well as looks at the industry, are in the mix as well. Let's get down to business:
- In upcoming trade show news, the Herndon, Va.-based NEMI is putting together some tin whisker meetings at the upcoming ECTC show, taking place at the beginning of June in Las Vegas. Meanwhile, Utica, N.Y.-based Indium Corp. is planning a lead-free QuickStart seminar in mid-June in Germany, and on a similar note, UK-based Soldertec Global and Northbrook, Ill.-based IPC — Association Connecting Electronics Industries will hold its second International Conference on Lead-free Electronics in Amsterdam later in June. Finally, IPC and the Hong Kong Printed Circuit Association (HKPCA) will host the 2004 International Printed Circuit and Electronics Assembly Fair in Dongguan, China in December.
- Herzlia, Israel-based Tecnomatix Technologies Ltd. announced that its Tecnomatix Unicam eMPower has been implemented at Korea-based Samsung Computers' first Chinese computer manufacturing facility. Similarly, Delta TechOps, a division of Delta Air Lines, bought Teradyne Inc.'s Next Generation Automated Test System for use in Delta's Boeing aircraft. Carlsbad, Calif.-based Asymtek has joined forces with Alpharetta, Ga.-based Cookson Electronics' Semiconductor Products Division on a new jet underfill project. Finally, Sunnyvale, Calif.-based Honeywell has purchased the Thermal Solutions product line of Intri-Plex Technologies Inc.
- Better weather seems to bring lots of birthdays, including the 70th anniversary of the founding of Utica, N.Y.-based Indium Corp. and the 100th anniversary of Wausau, Wis.-based Wilson-Hurd. That kind of company longevity doesn't come around often. Meanwhile, Acton, Mass.-based National Quality Assurance USA was accredited through the ESD Association to provide audit services against the ANSI/ESD S20.20-1999 standard. Finally, Montreal-based Coreco opened an office in Tokyo, and San Jose, Calif.-based Barkam Engineering announced its engineering technical services.
- With the end of the first quarter 2004 come a slew of financial releases. The latest: Tecnomatix announced its first quarter results, revealing that its revenues were $23.9 million compared to $20.6 million in the comparable year-ago period. In similarly good news, Anaheim, Calif.-based DDi Corp. saw its first quarter sales rise 17 percent year-over-year, to $72.4 million from $61.7 million. Finally, Milpitas, Calif.-based Solectron Corp. announced its intention to pay cash for its zero-coupon senior convertible notes, which are due in 2020.
- Two bits of personnel news: Elk Grove Village, Ill.-based Sonoscan Inc. brought Ed Foley on board as vice president of sales and marketing, and Horsham, Pa.-based Dynatech Technology Inc. named Jonny Nichols eastern regional sales manager.
- Finally, two looks at the industry, present and future: Scottsdale, Ariz.-based In-Stat/MDR says shipments of MEMS-based components excluding switches should grow at a CAGR of 14.8 percent. And Palo Alto, Calif.-based Frost & Sullivan says that revenue in the world electronic components and packaging market totaled $8.25 billion in 2003, with a forecast to reach $17.1 billion by 2010.
This just in: This week's Quick Vote reveals some surprising statistics. When asked how many times you've changed jobs in the past five years, 44 percent of you said none, 33 percent said one to two, 21 percent said three to four, and 5 percent said five or more. Stability rules!
Have some insight on the industry? See something you don't agree with? Think I'm right on? Send it all to me at christinef@pennwell.com.