Electronics Production | November 19, 2008
EMS consolidations levelled in 3Q/2008
There were 14 completed transactions in Q3 2008, compared to 13 completed transactions in the 2Q of 2008, 13 in the 1Q of 2008.
Chart A shows that the q2 of 208 saw 14 transactions with a gradual upward M&A trend as compared to the 2Q or the Q3 of last year. Chart B shows that EMS consolidations represented five transactions, or 36% of total activity in Q3 2008 - an increase from three transactions in the Q2 of 2008, states the Lincoln International Newsletter. Major transactions in the 3Q of 2008 were: • Kimball Electronics has acquired Genesis Electronics Manufacturing, (September-08) • Elcoteq SE has acquired the flat panel TV plant in Mexico of Koninklijke Philips Electronics NV (September-08) • Creation Technologies has acquired Circuit Service (September-08) • RAD Technologies LLC has sold Astrex Electronics (September-08) Two OEM divestitures in Q3 2008 - an increase from one in the Q2 of 2008. Ths means - as a percentage of total transactions - OEM divestitures constituted of 14% in the Q3 of 2008, compared to 8% in the Q2 of 2008. Vertical horizontal decreased to four transactions in the Q3 of 2008 from five in the Q2 of 2008, representing 29% and 46% of total transactions, respectively, the report continues. There were also two EMS divestitures in the Q3 of 2008, representing 14% of total transactions, equivalent to the level of the previous quarter. In addition, there was one Private Equity Investment in Q3 2008. Chart C shows one deal in Q3 2008 was cross-border; down from two in the previous quarter. The transaction was between high and low cost geographies. For the Q3 of 2008, five of the closed transactions in the Q3 of 2008 occurred within Western Europe (36% of total), seven transactions occurred within the U.S./Canada region and one was reported from within Asia. Chart D shows that all transactions by size for the current quarter were led by the Micro Tier (10 transactions - around 71%); two transactions (14% of total) in the Mid Tier; Large and Small Tier EMS providers with one transaction each. Source: Lincoln International Newsletter ----- Note: EMS Size Guide in $ (Sales) • Large (Tier I) - greater than $3 billion • Mid (Tier II) -$400 million to $3 billion • Small (Tier III) - $100 million to $400 million • Micro (Tier IV) below $100 million
EUV photoresist company Inpria raises $31 million in funding Inpria, a pioneer in high-resolution metal oxide photoresists for extreme ultraviolet lithography (EUV), has secured USD 31 million in Series C funding from a broad syndicate including two of the biggest names within the semiconductor manufacturing space.
Semiconductor industry avoids direct impact of coronavirus The semiconductor industry appears to have escaped the direct impact of the coronavirus crisis so far, but the market is likely to suffer the repercussions as the outbreak slows or suspends production among electronics manufacturers, according to Omdia.
Plessey partners with Axus Technology Plessey, an embedded technologies developer, is partnering with Axus Technology (Axus), a provider of CMP, wafer thinning and wafer polishing surface-processing solutions for semiconductor applications, to bring high-performance GaN-on-Silicon monolithic microLED technology to the mass market.
GPV Electronics CN resumes production On 19 February 2020, the Chinese Central Government informed that all enterprises in the Guangdong province are now allowed to resume production.
Nano Dimension moves its main commercial activity to USA Nano Dimension announces that the company is establishing its headquarters for the Americas in South Florida.
Rockwell Automation inks deal for Italy’s ASEM Rockwell Automation Inc. has signed a purchase agreement to acquire digital automation technologies provider ASEM S.p.A.
IFR releases ‘Top Trends 2020 Robotics’ The International Federation of Robots (IFR) has forecasted an uptick of 2 million industrial factory robotic units in the next two years.
Paslin, Rivian fuel EV factory expansion The Paslin Company, a builder of robotic assembly lines for Tier 1 suppliers and OEM auto companies, is expanding in Warren, Michigan.
Nokia plans to acquire US-based company The Finnish telecom company is planning to acquire Elenion Technologies, a U.S.-based company focusing on silicon photonics technology.
neutec electronic to handle Asymtek and Dima in Switzerland Asymtek, a part of Nordson Electronics Solutions - announces that their distributor, neutec electronic AG, has expanded its representation of all Asymtek and DIMA products to the French-speaking areas of Switzerland.
BMZ subsidiary Poland reports successful business year 2019 BMZ Poland, the second largest production site of the BMZ Group, is expanding its production area and is reporting 10% sales growth and thereby reached record results for the business year 2019.
Scanfil CEO: ‘Our operations are making good progress’ The last quarter of 2019 was the strongest one for the EMS provider. Scanfil recorded a turnover of EUR 155 million, a growth of EUR 15 million or 10% year-over-year.
Prime Technological Services acquire ITS EMS provider Prime Technological Services LLC has acquired Georgia-based I Technical Services (ITS).
Florida’s Sypris snags BAE Systems contract Sypris Electronics LLC, a subsidiary of Sypris Solutions Inc., has won a contract award from London-based BAE Systems’ Electronic Systems sector.
Into the future, San Diego style IPC APEX EXPO, the North American electronics manufacturing industry’s biggest gig, has left the teenage years behind with this year’s 20th anniversary show held Feb 3-8 in San Diego.
5 semiconductor companies hold 53% of global wafer capacity The world’s top-five wafer capacity leaders each had capacity of more than 1,000,000 wafer starts per month, says IC Insights.
Global DRAM revenue holds steady in 4Q19 The DRAM inventory finally returned to a relatively normal level for most OEMs in 4Q19 after nearly three consecutive quarters of adjustments, says the DRAMeXchange research division of TrendForce.
Mitsubishi Electric completes new satellite production facility Mitsubishi Electric has completed construction of a new facility for the production of satellites at the company’s Kamakura Works in Kamakura, Japan.
ISS-Broadband delivered by Kongsberg Kongsberg equipment is to enable broadband transmission for the International Space Station (ISS) to 'significantly improve communication between the ESA astronauts manning the station and earth.
Mycronic receives order for an SLX mask writer Swedish equipment provider, Mycronic AB, has received an order for the new SLX mask writer from a customer in Asia. The customer already has mask writers from Mycronic.
A new production unit for mirror segments for ELT Safran's new production unit at the company's Saint-Benoît facility near Poitiers in central France will make the primary mirror segments for Europe's Extremely Large Telescope (ELT).
A more sustainable approach to semiconductor manufacturing Reuse; that is the key to driving environmental sustainability in global semiconductor manufacturing, says Steven Zhou, CEO of Moov Technologies.Load more news