Benchmark Acquires EMS Division of CTS

Benchmark Electronics Inc. said it has bought the electronics manufacturing services unit of CTS Corp., paying approximately $75 million for the division. The business services the industrial, aerospace & defense, medical and communications market, according to a statement issued by Benchmark and CTS. Like many other medium-size contract manufacturers Benchmark has been deepening its offerings…

Semiconductor Sales Up in August

The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing and design, today announced that worldwide sales of semiconductors reached $25.87 billion for the month of August 2013, an increase of 6.4 percent compared to August 2012, marking the industry’s largest year-over-year growth since March 2011. Sales in the Americas increased by 23.3 percent…

TTI Acquires Ray-Q Ltd.

TTI, Inc. an indirect, wholly owned subsidiary of Berkshire Hathaway, today announced the acquisition of Ray-Q Interconnect. Founded in 1969 as a Raychem subsidiary based in Israel with offices in Turkey and India, Ray-Q provides high quality electrical interconnect solutions to military, aerospace and other high-reliability product industries. Since 2000 the company has been incorporated…

What happened to ‘Real Men Own Fabs’?

Jerry Sanders III, the oft-quoted, hard-fighting, co-founder and former CEO and chairman of Advanced Micro Devices Inc., who made the chest-thumping statement from which I took the headline for this blog, was right about many things in his long career in the semiconductor market. He was also wrong about a few things. Taking on Intel…

Switchcraft Awarded Patent

Switchcraft, Inc., the world’s leading manufacturer of interconnect solutions for audio, video and data, has been awarded a US Patent for Phantom Lift, the technology currently incorporated into our 900 Series Instrument Direct Boxes. The 900 Series, which are geared toward live sound applications, are the world’s only direct boxes with a ground lift switch…