Altium has appointed Digital China, China’s largest IT products distributor, as a key distributor for Altium’s unified electronics design solutions.
Asia Pacific semiconductor sector revenue is forecast to reach almost US$160 billion in 2008, a 6.4 per cent increase from 2007 revenue of US$150 billion, according to the latest projections by Gartner, Inc.
Australian electronics design solutions company Altium has announced significant investments in China which will accelerate the migration of users to Altium’s latest-generation electronics design tool, and boost the teaching of unified electronics engineering in Chinese universities.
Osram has opened the new Asia regional headquarters of its subsidiary, Osram Opto Semiconductors.
Arrow Electronics Inc said it will purchase the components distribution business of Achieva Ltd, a value-added distributor in Asia Pacific. The acquisition serves two purposes, according to William E. Mitchell, CEO of the Melville, NY-based distributor: to increase Arrow’s presence in the
China, which reached 229 million unit shipments in 2007, saw a 76.2% annual growth rate from 130 million in 2006, data from the market research company shows. That rate of growth will slow considerably in 2008, dropping to about 19.7% to reach 274 million units, according to iSuppli.
Altium has appointed Gerry Gaffney as senior vice president and general manager, Americas. He starts at Altium immediately, and will be based in Altium’s Americas headquarters office in the San Diego area.
Nokia and STMicroelectronics announced the closing of a strategic sourcing agreement that will deepen their collaboration on the licensing and supply of IC designs and modem technologies for 3G.
Hsinchu, Taiwan-based semiconductor foundry Taiwan Semiconductor Manufacturing Co. (TSMC) reported that the California State Superior Court of Alameda County issued an order on September 7 regarding TSMC’s pre-trial motion for a preliminary injunction against Shanghai, China-based pure play IC
Although the semiconductor shipments in Greater China saw healthy growth in 2006, analysts report that the struggles experienced there by major companies like Intel Corp. and Samsung Electronics Co. Ltd. do not bode well for the industry as a whole.