Market News

WILSONVILLE, OR – Mentor Graphics Corp. reported fiscal fourth-quarter revenue dropped nearly 15% to $242.6 million, compared to $284.8 million year-over-year. System and software revenues saw a decline of $157.57 million, down from $201.14 million. Service and support revenue rose to $85.07 million, compared to $83.68 million last year.
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SMYRNA, GA – More than 2,000 PCB designers, fabricators and assemblers registered for Virtual PCB (www.virtual-pcb.com), the industry's only virtual trade show and conference, which took place this week.
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CLEVELAND – OM Group Inc. reported a fourth-quarter net loss of $32.72 million, compared to a $47.99 million net income in 2007.
 
Included in the 2008 period was a non-cash inventory charge of $26.9 million, a non-recurring income tax benefit of $21.5 million and a non-cash goodwill impairment charge of $8.8 million.
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TAIPEI, TAIWAN – The government’s stimulus efforts in rural China seem to be paying off, according to DigiTimes. PCB and copper-clad laminate (CCL) producers are experiencing increased orders due to China’s market demand.
 
DigiTimes reports that Uniplus Electronics has received orders for March and April at both of its CCL plants in China. In addition, the company has hired 100 to 200 workers at its Taiwan facility.
 
Taiwan Union Technology’s current capacity has reached full utilization, and the company plans to open a second production line next month.
 
HannStar Board’s utilization rates have improved as well, climbing to more than 60%, compared to 40% to 50% in previous months. Plotech is expecting sales to climb 40% in February due to recovery in orders. Its workforce has increased by 10%, and the company is forecasting 15% to 20% growth for March, according to DigiTimes. 
SINGAPORE -- Singapore's electronics output plunged 43.1% year-over-year in January, the government said today.
Exports fell 35% for the month, the Economic Development Board said.

The drop in electronics production pulled the overall manufacturing output down 29.1% the EBD said.

Manufacturing accounts for about 25% of the nation's economy, and most of its manufactured products are exported.

SMYRNA, GA -- Chats on building solar-related product, mechanical and chemical cleaning, and solutions to troublesome SMT defects are among the highlights as Virtual PCB enters its second day today.

The chats are part of the technical program of the free, Web-based event.

The online trade show also features several leading equipment suppliers, including BTU, Assembleon, Miyachi Unitek, and Agilent, among others. Leading software suppliers such as Valor and Mentor and bare board suppliers like BBG Group and Sunstone Circuits are among the other exhibitors.

To attend the free event, visit virtual-pcb.com.

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