ARLINGTON, VA – Electronic component orders took a dip in November, although not nearly as drastic as the one in September, says the Electronic Components Association. The 12-month average, comparing this year’s results to those from 2007, continued the slight descent that began this summer.
Global reports show bleak projections in 2009 for key products that contain electronic components, including automobiles, computers, cellphones and PDAs, says the ECA. One hint of future light came from Henderson Ventures, which predicted that PC shipments would jump more than 13% in 2010 as a result of a combination of economic recovery, replacement cycles, and technological advances such as USB 3.0.
“It’s going to be a matter of sticking to fundamentals,” says Bob Willis, ECA president. “I believe companies must not overreact to or be intimidated by issues beyond their control, but remain focused on their core businesses.”
TAIPEI -- Foxconn Electronics reported November revenues rose 1% year-over-year to NT$134.9 billion (US$4.05 billion). Sales were down 20% from October, however.
The ODM company's year-to-date revenues hit NT$1.35 billion ($40.6 billion), up 24.22% year-over-year.
Foxconn Precision Components, a company subsidiary which makes chassis and enclosures, reported November consolidated revenues rose 53% to NT$19.55 billion (588 million). Year to-date, the group's revenues are a reported NT$147.42 billion ($4.4 billion), up 22% over last year.
In a report, the sales hike was credited to demand for game consoles, which grew 40% month-over-month.
HILLSBORO, OR and HIGH POINT, NC – TriQuint Semiconductor Inc. has relocated its North Carolina Design Center to a larger facility in order to accommodate its expanding handset business. More than 25 employees will be added to the facility, which employed a staff of one when it opened two years ago.
"We are excited to move into the new facility as it represents our past success and promising future,” says Darrell Epperson, manager. “The facility has state-of-the-art equipment to complement our strong RF engineers in developing world-class solutions for our growing customer base. It’s rewarding to see the latest phones rely on TriQuint technology to optimize their talk time and battery life.”
STAMFORD, CT – Worldwide semiconductor revenue was $261.9 billion in 2008, down 4.4% year-over-year, according to preliminary results from Gartner Inc.
CAMBRIDGE, MA – Forrester Research lowered its 2009 US IT spending forecast to 1.6%, on slower demand for computers. The research group previously guided for 6.1% growth next year. It marks the fourth time in 10 months the firm has reduced its 2009 outlook.
SHANGHAI, CHINA – Semiconductor Manufacturing International Corp. (SMIC) has reported that it is running at a utilization rate of 65% to 70% for the fourth quarter. This contradicts an article issued earlier in the week by The Financial Times reporting that the foundry’s utilization rate had dropped to as low as 20%. SMIC acknowledged that its utilization rate has fallen from 91% in the third quarter but added that it is maintaining revenue guidance for the fourth quarter.