mobile | classic
Dataweek Electronics & Communications Technology Magazine





Follow us on:
Follow us on Facebook Share via Twitter Share via LinkedIn


Search...

Electronics Buyers' Guide

Electronics Manufacturing & Production Handbook 2019


 

Electronics news digest
27 February 2019, News

South Africa

• In 2015, South Africa experienced a trade deficit of approximately R6,3 billion due to the high volume of imported advanced photonics manufacturing technologies. In an effort to revive the country’s photonics industry, the CSIR has established a Photonics Industry Network Forum that will ultimately be jointly led by South African photonics industry players. The objective for establishing this quarterly forum is to create awareness of the various photonics industry role-players, while identifying industry’s challenges and opportunities.

Overseas

Business

• ams enjoyed record revenues in 2018, up 34% year-on-year, and fourth quarter revenues and operating margin in line with updated expectations. Full year 2018 revenues grew strongly to $1 627,4 million while fourth quarter revenues reached $491,4 million. This growth was particularly driven by ams’ consumer business, including 3D sensing and advanced light sensing, in the second half of 2018.

• Cypress Semiconductor’s annual revenue grew 6,7% year-over-year to reach a record $2,48 billion, driven in large part by a 13% growth of the company’s automotive business. Net income for 2018 was $354,6 million ($0,95 per diluted share), which compares with a net loss in 2017 of $80,9 million ($0,24 per diluted share).

• NXP Semiconductors delivered greater than 5% growth in its automotive and secure connected devices businesses, resulting in total annual revenue of $9,41 billion for 2018, an increase of 2% year-on-year. Net income for the year was $2,21 billion ($6,72 per diluted share) compared to 2017 net income of $2,22 billion ($6,41 per diluted share).

• ON Semiconductor announced that total revenue in the fourth quarter of 2018 was $1,5 billion, up approximately 9% compared to the same quarter of 2017, but 3% down on the third quarter of 2018. For the full year, the company brought in revenue of $5,88 billion and earnings per share of $1,44.

• STMicroelectronics delivered a solid performance in the fourth quarter, with net revenues and operating income increasing sequentially 5,0% (to $2,65 billion) and 11,5% (to$443 million), respectively. However, the company warned that its outlook for the first quarter of 2019 is for revenues to decrease year-over-year by about 5,7% and sequentially by about 20,7%, reflecting the combined impact of increased unfavourable dynamics in some of the end markets it serves, on top of normal first quarter seasonality.

• Texas Instruments reported fourth-quarter revenue of $3,72 billion, net income of $1,24 billion and earnings per share of $1,27. For the full 2018 financial year, its revenue was $15,8 billion (compared to $14,96 billion in 2017), net income was $5,58 billion (compared to $3,68 billion in 2017) and earnings per share were $0,99 (compared to $1,01 in 2017).

• Infineon Technologies closed its December quarter with revenue down as forecast, and earnings slightly better than expected, citing slowing global economic momentum as dampening its outlook. Revenue totalled 1,97 billion Euros, a seasonal quarter-on-quarter decrease of 4%, while diluted earnings per share were 0,22 Euros, slightly better than the 0,20 Euros of the same quarter the previous year.

Companies

• STMicroelectronics has signed an agreement to acquire a majority stake in Swedish silicon carbide (SiC) wafer manufacturer Norstel AB. After closing, ST will control the entire supply chain for a portion of its SiC devices at a time of constrained global capacity, in order to position itself for a significant growth opportunity. ST will acquire 55% of Norstel’s share capital, with an option to acquire the remaining 45% subject to certain conditions, which, if exercised, will result in total consideration of $137,5 million.

Industry

• According to the Semiconductor Industry Association (SIA), the global semiconductor industry posted sales of $468,8 billion in 2018, the industry’s highest-ever annual total and an increase of 13,7% compared to the 2017 total. Annual sales increased substantially across all regions: China (20,5%), the Americas (16,4%), Europe (12,1%), Japan (9,2%) and Asia Pacific/All Other (6,1%).

• China has been the largest consuming country for ICs since 2005, but large increases in IC production within China have not immediately followed. That looks set to change, as IC Insights has revealed that IC production in China represented 15,3% of its $155 billion IC market in 2018, up from 12,6% five years earlier in 2013. Moreover, IC Insights forecasts that this share will increase by 5,2 percentage points from 2018 to 20,5% in 2023.


  Share on Facebook Share via Twitter Share via LinkedIn    

Further reading:

  • Sharing the power of digital twinning
    27 February 2019, News
    As organisations strive for digital transformation, a digital twin can present a virtual model of a process, product or service, with numerous roles being covered.
  • From the editor’s desk: Load shedding again – hopefully not shedloads of it
    27 February 2019, Technews Publishing, News
    I’m sure we’ve all experienced that feeling when something causes you to question the meaning of a commonly used word or phrase you’ve always taken for granted. The most recently this happened to me was ...
  • iCorp Technologies celebrates 10-year anniversary
    27 February 2019, Icorp Technologies, News
    In July 2018, iCorp Technologies celebrated its 10-year anniversary. Since its inception, the company has migrated from being a broad-based supplier into a more rationalised and focused electronic component ...
  • Local manufacturing sector coming together for expo in May
    27 February 2019, News
    AREI (Association of Representatives for the Electronics Industry) has teamed up with SACEEC (South African Capital Equipment Export Council) for an event to be held at the Johannesburg Expo Centre, Nasrec, ...
  • Otto Wireless Solutions appointed as sole distributor for Wifx Sàrl
    27 February 2019, Otto Wireless, News
    Otto Wireless Solutions has been appointed as the sole distributor for southern Africa for the Swiss-based LoRa gateway manufacturer, Wifx Sàrl. As an official member of the LoRa Alliance and a leading ...
  • From the editor’s desk: Mom and dad want to re-marry, but how is the kid doing?
    30 January 2019, Technews Publishing, News
    After a messy divorce presided over by former president Jacob Zuma in 2014, the departments of telecommunications and postal services (DTPS) and communications (DOC) are set to re-tie the knot this year. ...
  • Electronics news digest
    30 January 2019, News
    South Africa • Avnet South Africa has appointed a new IPE (interconnect, passive and electromechanical) field applications engineer, Quatraine Domoney. She will be based in the company’s Johannesburg ...
  • SA edition of global EMC conference a success
    30 January 2019, News
    The 4th edition of the IEEE Global Electromagnetic Compatibility Conference (GEMCCon) was successfully held from 7 to 9 November in Stellenbosch, at the Wallenberg Conference Centre, part of the Stellenbosch Institute for Advanced Study (STIAS).
  • Students to fly SA flag at supercomputing competition in Germany
    30 January 2019, News
    The annual Centre for High Performance Computing (CHPC) conference, which took place in Cape Town recently, provided a platform for South African students to showcase their skills in building supercomputers ...
  • Open project unifying AI development tools
    30 January 2019, News
    With the burgeoning artificial intelligence (AI) scene extending its way into more and more markets and applications, a community project has been established to encourage industry collaboration to achieve ...
  • From the editor’s desk
    EMP 2019 Electronics Manufacturing & Production Handbook, Technews Publishing, News
    It’s certainly never a good strategy in business to work dumb, but the word ‘smart’ is applied to so many technologies nowadays and has become so nebulous that it can take on different meanings in different ...
  • Electronics news digest
    14 November 2018, News
    South Africa • The Independent Communications Authority of South Africa (ICASA) has moved its head offices from Sandton to 350 Witch-Hazel Avenue, Eco Point Office Park, Eco Park, Centurion. Its offices ...

 
 
         
Contact:
Technews Publishing (Pty) Ltd
1st Floor, Stabilitas House
265 Kent Ave, Randburg, 2194
South Africa
Publications by Technews
Dataweek Electronics & Communications Technology
Electronic Buyers Guide (EBG)

Hi-Tech Security Solutions
Hi-Tech Security Business Directory

Motion Control in Southern Africa
Motion Control Buyers’ Guide (MCBG)

South African Instrumentation & Control
South African Instrumentation & Control Buyers’ Guide (IBG)
Other
Terms & conditions of use, including privacy policy
PAIA Manual





 

         
    Classic | Mobile

Copyright © Technews Publishing (Pty) Ltd. All rights reserved.