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Speaking of this Week -- January 3, 2003
December 31, 1969 |Estimated reading time: 2 minutes
By Christine F. Della Monaca
Speaking of this Week reflects on events in the electronics assembly industry every Friday.
This week was cut in half by New Year's Day, and in typical holiday style, has been somewhat short on news. At the same time, what's there covers a range of subjects, from companies coming together to progress to tradeshow and personnel news to financial news. There's a piece of bad news thrown in as well. Read on:
- First, companies continue to come together in the new year: Hsinchu, Taiwan-based Faraday Technology Corp. selected San Jose, Calif.-based Cadence Design Systems Inc.'s First Encounter Ultra for physical prototyping of its SoC designs. Elsewhere, Marlborough, Mass.-based Shipley Co. LLC signed a joint development agreement with Fremont, Calif.-based Therma-Wave Inc. to develop scatterometric methods to measure 130 nm photoresist features for polysilicon gate and shallow trench applications. And Orange, Calif.-based Jon Goldman Associates Inc. selected Grandway Technology Inc. (GTI) for representation in Taiwan and China. Finally, Chinese authorities approved Helsinki, Finland-based Elcoteq Network Corp.'s acquisition of IBM's 70 percent ownership in the Chinese joint venture EMS companies Shenzhen GKI Electronics Co. Ltd. and Beijing GKI Electronics Co. Ltd..
- Progress news: Breda, Holland-based Cobar Europe debuted a new logo, its first since 1989, on January 1, while Fremont, Calif.-based Macotron successfully completed a reference design to place SMT components on a board the size of a postage stamp for a Silicon Valley-based company. And Atlanta-based Siemens joined Evernham Motorsports and NASCAR's most popular driver for the 2003 Winston Cup season. Finally, Hong Kong-based Compass Technology Holdings Ltd. was identified in Deloitte & Touche's Asia-Pacific Technology Fast 500 program.
- Some financial news as one year turns into another: Boston-based Teradyne Inc. will release its fourth quarter and fiscal year 2002 earnings on January 14, while Grandville, Mich.-based X-Rite Inc. declared a fourth quarter dividend (a rare thing these days) of 2 1/2 cents per share for common stock. Finally, Costa Mesa, Calif.-based Irvine Sensors Corp. raised $1 million in equity financing in a private placement to an institutional investor.
- Trade show news: The Minneapolis-based SMTA announced winners from SMTA International 2002, who will formally be presented $1,000 awards and plaques at SMTA's Annual Meeting at SMTA International 2003 in Chicago. Coming up sooner, componex/electronicIndia, the 8th International Conference and Exhibition for Electronic Components, Materials and Production Equipment, will take place in Bangalore, India in late January.
- Some personnel news: Hunt Valley, Md.-based Trace Laboratories East's laboratory director, Renee J. Michalkiewicz, has been named chairman of the IPC Ionic Conductivity/Ion Chromatography Task Group, while Windham, N.H.-based Semiconductor Circuits Inc. appointed Gene Zenoni as general manager of the company's U.S.-based DC/DC business unit.
- Finally, a bit of sad news: UK-based The SMART Group suddenly lost its chairman, Alan Jones.
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.