Finance News.

Top 10 Electronics Supply Chain Risks

The global electronics supply chain will this year confront again some of its old demons and dozens of new ones, ranging from natural disasters to man-made misadventures, management blunders, troubled acquisitions and failing to anticipate and respond to changing market conditions. So far, though, nothing on the horizon indicates the electronics industry should be bracing…

IHS: Consumer Electronics Set to Decline

The consumer electronics market — as its name implies — is a major consumer of components.  Although most component makers spread their risk across multiple markets — computer, industrial, automotive, medical and military/aerospace  among them — being designed in to a product such as the iPhone can dramatically boost sales. The consumer market seems to…

Micron. memory, DRAM

Micron: Memory IC Outlook ‘Very Favorable’

Micron Technology Inc. (NASDAQ: MU) is starting 2014 with a boatload of good news for shareholders in terms of its latest financial performance and outlook for the year ahead. The semiconductor manufacturer’s recent quarter results trumped analysts’ average estimates with sales more than doubling year-over-year and gross profit margins surging 7 percentage points sequentially, an…

Xilinx Holds Tightly to FPGA Lead

Xilinx Inc. (NASDAQ: XLNX) is hot with investors and the analyst community. The rating of the semiconductor manufacturer was recently upgraded by several research firms with all of them jacking up their 52-week price target for its stock on the belief that the company is well positioned for near-term growth after notching a technology edge…

Taiwan Manufacturing Grows on Export Hike

In Taiwan, manufacturing activities rose in December to their highest level in almost three years, closing 2013 with a bang and pointing to continuing expansion in one of the electronics industry’s key production areas. A report from HSBC and Markit today said the Manufacturing Purchasing Managers’ Index (PMI) for Taiwan surged to 55.2 in December,…

Jabil to Sell Aftermarket Unit for $725M

Jabil Circuit Inc. (NYSE: JBL) has announced plans to sell its aftermarket support business to iQor Holdings Inc. for $725 million as the electronics manufacturing services provider intensifies its multiyear reorganization and cost-reduction programs. The EMS provider said the decision to sell the aftermarket services (AMS) division is in furtherance of plans to focus primarily…

Xilinx Sues Flextronics for Alleged Fraudulent Chip Resale

Xilinx Inc. has filed a lawsuit in a California court against Flextronics International Ltd., alleging the contract manufacturer resold chips it purchased from the semiconductor vendor at a premium to other customers. The FPGA manufacturer also charged Flextronics with dealing in “gray market and counterfeit” Xilinx products, according to the filing with the Superior Court…