Electronics Production | October 31, 2007
Alcatel-Lucent to cut 4000 jobs
Alcatel-Lucent plans to cut an additionally 4000 employees until 2009 due to lower sales.
Most of the jobs that will be affected are in the US, due to weak orders for mobile equipment. Employees at Alcatel-Lucent in France will be relatively spared, CNN reported. Alcatel-Lucent posted this morning it’s third quarter results. During the quarter, revenues grew sequentially by 2.3% at a constant Euro/USD exchange rateand gross margin improved sequentially to 34.2%. All of the company’s business segments grew sequentially in Q3 2007. Within the Carrier Segment, the optical network business saw strong double-digit growth, and the GSM business continued to gain traction due to a refreshed portfolio, registering a second consecutive quarter of double-digit revenue growth. For the quarter the company saw a 5.6% reduction in operating expenses on a comparable basis3 related to the third quarter 2006 and a 3.2% reduction sequentially. The company continues to execute on its integration plans and during the quarter reduced approximately 1,000 positions. Year-to-date the company has reduced headcount of 5,000 people before the impact of managed services and acquisitions (approximately 1,350 people). The company plans to achieve its synergy-related comparable3 pre-tax savings of Euro 600 million this year. As previously stated, savings accounted for in gross margin this year will not be retained due to current market conditions; however, the company does expect to retain most of its operating expense savings.
Internal promotions and executive retirements at Kimball EMS provider, Kimball Electronics, has made two new internal promotions aimed at contributing to the company accelerating its strategic growth plans.
Kyocera & TMDU team up for research on vitals measurement headset Kyocera Corporation and Tokyo Medical and Dental University (TMDU) have teamed up on a joint research project to develop a wireless headset that can remotely monitor high accuracy patient biometrics, such as blood oxygen saturation (SpO2).
German battery manufacturer receives funding for cell production facility VARTA AG receives public funding of EUR 300 million for battery cell production facility.
Scanfil to streamline its factory network The EMS provider is planning to combine the production of its Hamburg factory with its other factories in Germany and Poland
Kitron awarded new order within measurement technology Kitron has been awarded new business for measurement technology. The award covers a period of five years, and the expected annual value is between EUR 3.5-5 million.
NORBIT ASA awarded aquaculture contract Norwegian technology manufacturer, NORBIT, has been awarded a new contract from an existing customer within the aquaculture market.
Saki strengthens its Asian operations The AOI specialist is expanding its global sales organisation with new Asia sales department, and appointing Katsuhiro Eddie Ichiyama as Senior General Manager for the Asian region
Scanfil to sell its plant in Hangzhou, China The board of directors of the Finnish EMS prover has decided to sell the entire share capital of its subsidiary located in Hangzhou, China, for a total of EUR 18.4 million to Hangzhou Cabinet Technology Co., Ltd.
Staying put during the COVID-19 pandemic TPCA (Taiwan Printed Circuit Association) announced the production and sales data for Q1 2020; the output value of Taiwan cross-strait PCB industry totalled NT$136.9 billion (approx. US$4.541 billion) in Q1/2020.
North American PCB industry sales up 1.0% in May Total North American PCB shipments in May 2020 were up 1.0 percent compared to the same month last year. Compared to the preceding month, May shipments fell 3.0 percent.
Sensirion expands with new production site in Hungary In a response to positive business trends and the increasing demand for its existing and new sensors, Sensirion is expanding its production capabilities by establishing a production site in Debrecen, Hungary.
Management Change at the Würth Elektronik eiSos Group After 27 years in the Würth Elektronik Group, Oliver Konz has decided to resign his position as Executive Vice President of the Würth Group and CEO of the Würth Elektronik eiSos Group for personal reasons and leave the company.
Kurtz Ersa inaugurates new production hall In Bestenheid, Germany, the company has just opened its new production and administration building. Following 24 months of construction and furnishing, the company now have access to 4’500 new square metres of space.
PCB industry: 1Q/2020 overshadowed by corona pandemic After a significant drop in sales at the end of last year, PCB manufacturers in the Germany, Austria and Switzerland (DACH) region recorded a sales growth of 16.1 percent in the first quarter of 2020.
Integration of ATLID completes European set of instruments for EarthCARE satellite With the successful integration of the ATLID-Instrument the EarthCARE satellite (Clouds Aerosols and Radiation Explorer) has passed a crucial milestone, as it concludes the "onboarding" of the three European instruments.
ABB Robotics rolls out Lexi’s procurement analytics solution Automation giant, ABB Robotics, is using a big data analytics software solution developed by Lexi Solution AB in Sweden to optimise procurement and engineering processes.
OHB placing the largest clean room in operation After only 14 months of construction, the PLATO hall has now been officially completed at space company OHB’s headquarters in Bremen. With a floor area of around 1,400 square meters, the ISO 8 cleanroom*, which is almost eleven meters high, is the OHB Group’s largest cleanroom facility.
Jenoptik expands military laser rangefinder capabilities in the US JENOPTIK Optical Systems, LLC has announced an expansion of its capabilities for military laser rangefinders (LRF) and is adding custom engineering and testing capabilities to their Jupiter, Florida facility.
Tesla plans battery manufacturing facility in California Electric car manufacturer Tesla plans to build a battery research and manufacturing facility in Fremont, California. N, to be operated around the clock, Under a project dubbed Roadrunner, documents from the city government also reveal a potential 24/7 operation at the facility.
Northrop Grumman awards contracts to Kitron Northrop Grumman has awarded Kitron a production contract for Integrated Communications, Navigation and Identification (ICNI) modules for the F-35 Lightning II program.
EPE Corporation invests in new equipment and doubles its capacity US-based EMS provider, EPE Corporation, has recently invested in its Surface Mount Assembly line capacity with the purchase of two new Mycronic MY300DX-17 pick-and-place machines, feeder systems and other line software upgrades.
CoreKinect partners with Benchmark on hardware for the IoT ecosystem EMS provider Benchmark Electronics and CoreKinect, a company focused on scalable hardware design, have entered into an agreement, aiming to enable customers across theIoT landscape to design, engineer, and manufacture products in the USA.
AVL opens competence centre for sensor tests in Bavaria One of the core tasks of the competence centre is to compare the results obtained in the laboratory with real data recorded in road traffic.
Top semiconductor suppliers defy weak market conditions in Q1 Defying a decline in market revenue, the world’s top-10 semiconductor suppliers managed to generate revenue growth of 2.1% in the first quarter, as the companies benefitted from a COVID-19-driven increase in PC and server sales.Load more news