Electronics Production | December 11, 2006
Recipe for uncertainty In UK electronics industry
A study of the UK's leading electronics manufacturers companies has shown that few are fully in control of their overall business strategy.
A study of the UK's leading electronics manufacturers companies has shown that few are fully in control of their overall business strategy. The survey - by business analysts Plimsoll - indicates a remarkable inconsistency in the companies' commercial and financial behaviour. Very few of the electronics manufacturers firms planning to come out on top in 2007 in terms of profit and sales will actually achieve their goals. David Pattison, senior analyst on the project, says: 'In today's highly competitive electronics manufacturers market you cannot sit still for a minute'. 'If you have seen sales increase this year and good profits, there is a fair chance that next year you will not be able to maintain it'. 'Likewise, if you did not increase sales this year you are going to have to set a priority of trying to grab some growth in the next trading period'. The survey comes a year on from a previous Plimsoll study of the electronics manufacturers market. The company, based in Stockton-on-Tees, is one of the leading business performance analysts in the UK, France and Japan. More than 16,000 customers worldwide rely on its highly detailed and up-to-date reports to allow them to make swift, well-informed evaluations of a wide range of commercial sectors. The company takes its name from the Plimsoll line, the safe loading line mechanism developed in the 19th century to ensure that ships stayed afloat. Last year, Plimsoll carried out a survey grading each company based on how successful they were performing on two fronts: 1) In the market based on their sales and commercial success. 2) Their overall financial strength, taking into account profitability levels and the level of debt carried by these companies. This year, Plimsoll has revisited and updated the analysis to see how the companies have coped with another year of competitive trading. The findings show that more than half of the 890 companies analysed have changed strategy in the last 12 months- and not all by choice. Of the 350 winners last year, 175 have retained their winning status. 151 are new to the Winners category, having switched strategy since last year. Of the losers last year, 35 have found themselves in this less than prestigious category for a 2nd year. More worryingly for the industry, they have been joined by 103 other new 'losing' companies. Of the 126 companies awarded this status last year, 43 continue with their pioneering strategy. They have been joined by another 63 companies, bringing the total number of chasers in the industry to 106. Last year Plimsoll ranked 283 companies as sleepers. 125 of these continue to preserve financial strength at the expense of sales growth, and they have been joined this year by 195 other companies who have switched strategy. Said David Pattison: 'What this analysis is clearly saying is that, in a very competitive market, of the companies planning to be a winner by the end of 2007, few will actually achieve their goal'. The Plimsoll Portfolio Analysis- Electronics Manufacturers is aimed at anyone who has a commercial interest in doing business with a electronics manufacturers company.
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