WELLESLEY, MA – The world market for mobile telematics was worth some $37.5 billion in 2006, a figure expected to reach $52 billion in 2012, a CAGR of 3.5% over the next five years, according to BCC Research.
The market includes applications of automotive, intelligent transportation systems (road installations and operations centers), aircraft, railroads, construction, agriculture and maritime technologies. Of these sectors, automotive accounts for the largest share of the market and is expected to reach more than $48 billion in 2012, at a 3.6% CAGR, says BCC. Growth in automotive telematics will be driven by government-mandated use of safety equipment.
Intelligent transport systems (road installations) currently have the second largest share of the market at $649 million, projected to reach more than $1.8 billion by 2012, a CAGR of 17.9%, according to BCC. However, intelligent transport systems (operations centers), now worth $375 million, will be worth $2 billion by 2012, a CAGR of 31.7%. The increasing sale of public roadways to private owners will speed the introduction of intelligent transport systems, with a corresponding rise in the need for mobile telematics components.
SANTA CLARA, CA -- Intel, the world's largest chipmaker, said its September quarter profits were up 43% year-over-year-ago on hot worldwide PC demand. Forecasts remain strong, the company said, countering those who claimed inventories are too high.
SACRAMENTO -- California Governor Arnold Schwarzenegger yesterday vetoed a bill that proposed to significantly expand the RoHS statutes mandated by the California Waste Recycling Act.
In returning the bill, AB 48, to the legislature, Gov. Schwarzenegger wrote, "Unfortunately, the approach taken in this bill is largely unworkable and instead of the benefits it seeks to accomplish, could ultimately result in unintended and potentially more harmful consequences."
Read more: Schwarzenegger Terminates State RoHS Bill
NORTHFIELD, IL -- Fewer owners and managers of small manufacturing companies during the third quarter expressed confidence in their business prospects for the next 12 months, the Small Business Research Board reported today. Forty-five percent expect revenues to increase during the next 12 months, a seven point decline sequentially.
The Manufacturing Industry Small Business Confidence Index declined about two points from the second quarter, to 38.33. More than 800 small business owners participated in the nationwide poll.
Furthermore, there was virtually little change in attitudes about the direction of the general economy or for hiring plans.
“Manufacturing companies are approaching the next year with tremendous caution based on the results of the poll which showed a sharp drop in confidence about their business prospects," said Gregg M. Steinberg, President of International Profit Associates, which cosponsored the survey. "They understand the seriousness of a weakening economy and are more apt than several other of the industries tracked by the SBRB to feel the impact much deeper."
The survey polls small businesses across the U.S. The SBRB study is a voluntary survey conducted quarterly.
EL SEGUNDO, CA – The gloom and doom in the housing
market may have a major impact on consumer purchasing of LCD TVs and computer
monitors during the holiday season, according to iSuppli Corp.
Concerns are rising regarding the sub prime mess, the
turmoil surrounding the financial markets and how these issues will impact
business and consumer spending in the U.S., the research firm says. Rising
defaults on U.S. home loans may limit consumers’ disposable spending during the
holiday period this year, iSuppli adds.
“While LCD panel suppliers expect prices to increase for the
remainder of 2007 due to supply tightness, iSuppli believes inventory increases
will result in softness in panel demand among end-product makers and channel
participants, especially in the monitor market,” said Sweta Dash, director of
LCD and projection research at iSuppli. “This may affect fourth-quarter pricing
of large-sized panels. The issue could become more of a problem if consumers
stop spending and tighten their purse strings because of the mortgage problems
in the fourth quarter.”
From April through September, LCD makers raised the prices
of products at a 15 to 25% rate for notebook and monitor panels, and a 5 to 7%
rate for 32-inch and smaller TV panels, reports iSuppli. However, branded
vendors are being forced into price cuts to move inventory. The North American
market is the biggest cause for concern right now because of the tumultuous
economic atmosphere. However, the ramifications of this will be felt among the
Asian manufacturers and the global supply chain, the firm states.
In addition, while long-term demand for notebook panels is
still positive, notebook production may be impacted as a result of component
shortages, says iSuppli. Notebook panel production also may be impacted as
manufacturing capacity for these displays is diverted to fast-growing small- to
medium-size applications such as digital photo frames, personal navigation
devices, car TVs and ultra-mobile PCs.
Panel suppliers Innolux, CPT and AUO
are planning to shift more of their fourth and 4.5-generation capacity in some
of their fabs to small- and medium-sized panels, says iSuppli. Some are even
planning to use some fifth-generation capacity for those size panels. Notebook
panel prices increased by between 1 and 2% in September compared to August, the
iSuppi predicts actual notebook PC shipments in the second
half of the year will fall short of expectations because of component shortages.
Besides LCD panels, notebook PC manufacturers are reporting shortages of ICs,
batteries, optical drives and PCBs. Many notebook PC suppliers said they
expected these component shortages to last until October, while others are
concerned that they may continue through the end of the year. If notebook PC
production is indeed impacted by this component shortage throughout the
remainder of 2007, it will impact panel demand, adding to the overall
uneasiness being felt in the LCD industry, says iSuppli.
SAN JOSE, CA – Worldwide sales of semiconductors rose sharply in August, growing to $21.5 billion, an increase of 4.9% year-over-year, and an increase of 4.5% sequentially, the Semiconductor Industry Association reports.