BANNOCKBURN, IL – In a nod to the IPC’s expansion into China, Bob Neves, chairman and CTO of Microtek Laboratories, has been named the latest inductee into IPC’s Hall of Fame.
 
Neves has represented the U.S. and IPC at IEC meetings for a decade, and has helped spur the IPC’s move into China.
 
Neves, who has been active with IPC since 1986, is a former chairman of key committees for printed boards and bare board specifications. He also chaired the California Circuits Association Council of the IPC.
 
Based on lifetime achievement, the award is the association’s highest level of recognition, honoring members who make extraordinary contributions to IPC and the electronic interconnect industry.
 
Neves involved Microtek in several IPC test programs and has played an active role in IPC long-range planning and roadmapping sessions.

SANTA CLARA, CA - Intel expects lowered profits in the first quarter, as the company sees falling flash memory prices.

The company announced that it was reducing its expectations for gross margin by 2%, due to lower than expected prices for NAND flash memory chips.

According to reports, Intel will move out of the fluctuating flash memory market by creating a joint partnership with STMicroelectronics and technology investment group Francisco Partners. The company, called Numonyx, will manufacture flash memory for the companies and allow both to get their flash memory businesses off the books.

Numonyx will supply non-volatile memory for MP3 players, digital cameras, computers and other high-tech equipment.

Apple has reportedly also cut its flash memory purchases for 2008, as credit tightens and prices increase.