Electronics Production |
Jabil, Foxconn, Flextronics to increase chip spending
Foxconn Electronics, Flextronics International and Jabil Circuit, will increase their semiconductor spending this year by about 15 percent, iSuppli predicted.
Foxconns spending will reach $22.6 billion in 2010, up 18.7 percent from $19.0 billion in 2009. According to iSuppli, the boost comes from Foxconns manufacturing of HP's computers, Nintendo's Wii, Sony's PlayStation 3 and Apple’s iPod, iPhone and iPad.
Following Foxconn, Flextronics is projected to spend $7 billion in 2010, up 8.8 percent from $6.4 billion in 2009. Flextronics customer's include Sony Ericsson, HP and Research In Motion.
Overall iSuppli said it expects these manufacturers to spend $37.7 billion on chips in 2010. OEM companies like Hewlett-Packard, Nokia, Samsung, Apple and other OEMs will spend 13 percent more on microprocessors in 2010 than in the previous year, iSuppli predicts.
