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Kulicke & Soffa Industries Inc (K&S) has announced that the company has entered into definitive agreements to acquire substantially all of the assets of Orthodyne Electronics Corporation, a supplier of wedge bonders, and sell the K&S wire business unit to WC Heraeus GmbH, a precious metals and technology group. Under the terms of the Orthodyne agreement, K&S will fund the acquisition of Orthodyne with approximately 7.1 million shares of K&S common stock, plus $80 million in cash. If the transaction is not consummated by October 31, 2008, the purchase price will be approximately 19.6 million shares of K&S common stock and no cash. The deal includes possible earn-out consideration up to an additional $40 million in cash if certain financial objectives are met by Orthodyne over the next three years. The closing of the transaction, which is expected within approximately 60 days, is subject to certain working capital adjustments and closing conditions, including regulatory approvals. "The acquisition of Orthodyne is in line with our stated strategy and positions K&S to capitalize on our strengths in equipment manufacturing and further cement our position as the leading supplier of interconnect solutions," commented Scott Kulicke, Chairman and Chief Executive Officer of K&S. "Orthodyne is a fast growing, profitable market leader and provides us with deeper penetration into the discrete side of the semiconductor market, particularly in the attractive power management and hybrid module markets."

The road to grid parity for PV power generation will be difficult, needing five or more years to compete with utility power, unsubsidized, on a large scale, noted Mark Thirsk, managing partner at Linx Consulting, at a recent SEMI PV forecast luncheon (Sept. 18) in Santa Clara, CA Most input materials for PV production are in relative oversupply and will not constrain production, Thirsk pointed out - and for this reason manufacturers are conservative about capacity investment. In particular, his PV module production forecast (see Fig. 1, above) shows an overstep in demand in 2008. One reason for suppliers' reluctance to build capacity for entering the silicon supply chain is that it is an inefficient process. "Only about 15% of all the silicon going into the supply chain goes into the wafers, so it's a pretty wasteful and capital intensive process, so there is a lot of reluctance to build capacity," said Thirsk. Despite the efficiency challenges, Thirsk's forecast indicates that an oversupply may occur in 2009 Because >40% of PV grade silicon is lost at the wafering step, Thirsk believes this represents a significant opportunity for the right technology. Additionally, diamond wire is a potential replacement for slurry technology, but this technology is still immature. In the crystalline silicon (c-Si) value chain, Thirsk sees opportunities for optimizing mono-crystalline wafers with metal wrap technology and backside contacts; process optimization and material improvements would improve cell efficiency, and glass, wafer, backsheet, and grid improvements can enable more efficient light capture. Looking ahead, Thirsk told the audience that while thin-film technologies will enjoy strong growth "and may be more attractive to value-add materials and equipment suppliers, thin-film cell production will remain a minority share for the medium term." (see Fig. 3, below) He closed his presentation encouraging the creation of a Moore's Law type of roadmap for the PV

"The smart city concept is a framing device for many of society's most important conversations about globalization, technology, and the environment, which is driving investment across a range of city services and infrastructure. As the supplier ecosystem for smart cities continues to expand, established suppliers are moving into the market from the energy, transport, buildings, and government sectors, while startups are addressing a range of emerging opportunities. "

"Airbus selects Nexans as main cable supplier for the next 5 years The new global supply contract, which builds on Nexans' existing 20-year partnership with Airbus, covers the supply of the hook-up, power, data and fire resistant cables that represent some 95 percent of the total cable requirement on an aircraft. The exact amount of cables on each aircraft varies according to its specification, from 200 km to 600 km depending on the aircraft model. Weight saving is a major priority for Airbus and a crucial element in winning this contract was Nexans' innovative approach to lighter weight cable designs with no compromise on safety, performance or reliability." The A380 jet uses aluminum wire and cable.

Suppliers who squeezed money out of PSA/Peugeot-Citroen last year to compensate for high raw material costs should expect to give some back in 2009

CO2 solutions\nWhat suppliers say will help \nreduce CO2 emissions\n* Fuel injection systems for diesel and gasoline \nengines\n* Exhaust after-treatment systems\n* Turbochargers\n* \nReduced-diameter electrical cables; alternative metals, such as aluminum instead \nof copper, in cables\n* Electric steering\n* Hybrid powertrains\n* Vehicle \nenergy management components, such as power electronics and energy storage \nunits

H.P.Valves manufacturing and exporting a pressure reducing valve India, pressure reducing valve supplier and type of hydraulic, air, steam, pressure reducing valves and also pressure safety relief valve in Ahmadabad.

"In Asia-Pacific, the vital Chinese manufacturing and heavy industrial sectors are at risk of defaulting on state-backed loans. Meanwhile, in Latin America, Brazilian, Chilean and Argentine suppliers are all suffering from lower soyabean and copper prices. "

"The Chinese state grid operator's hunt for $50 billion in overseas assets makes it a potential bidder for ABB's power grids business in what would be another step towards creating a dominant supplier of global electricity infrastructure."

Children at the new school will also benefit from a natural ventilation strategy supplied and installed by Monodraught, the UK's leading supplier of natural ventilation solutions. Specified by the Lancashire County Architects department and Lancashire County Property Group

Monday, 28 July 2008 \nGuangdong Chigo Air Conditioner, a large-sized modern enterprise integrating the development, production and sales of household and commercial air conditioners, recently announced its agent in Egypt successfully won the contract for the Huawei correspondence station in Egypt after seven hardworking months.\n\n Huawei is said to have already achieved 12.56 billion dollars sales revenue, becoming one of the top five global telecommunications equipment producer, now with primacy globally, especially in Africa. Contracts for the correspondence station of Huawei in Egypt were mainly in the hands of Carrier for a long time, which means other brands could not compete with it and usually did not pass the test phase. Because the equipment for each station was valued at over 300 thousand yuan, the AC units could not run for a long time without a reliable capability guarantee. Right now the first set of Chigo splits is already installed in the station.\n\nThe vice president of Chigo Overseas Marketing Department , Mr. Peter Liao, said :"The success of this project means a lot for us. The intergrated ability of Chigo is already at new stage, being the supplier of a globally famous communication company. The cooperation with Huawei is meaningful for Chigo's development in the North African and African markets." For the success of the Huawei project, Huawei's subsidiaries in Libya and Sudan have also started to cooperate with Chigo, reveals the company's press release. \n\n\n

The World Watch Institute (WWI) released a report last week stating that an estimated 2.3 million people worlwide work in the renewable energy industry or its supplier industries.

Investors piled out of Russian stocks Friday after the abrupt departure from the country of a foreign oil boss and the prime minister's unexpected severe criticism of a large steel firm. MICEX, the exchange where the bulk of trading in Russian stocks takes place, plunged by 4.8 percent as of 12:20 p.m. Russian time, while the RTS, a top stock index, lost 4.4 percent to drop beneath the critical 2000-point barrier for the first time since March. After Prime Minister Vladimir Putin's scathing attack on Mechel late Thursday, heavy trading in New York sent the steel and coal maker's stock down by nearly 40 percent, losses mirrored Friday morning in Russian trading. The premier criticized the company, which is the largest supplier of coal for steelmakers in Russia, for charging much higher prices for raw materials domestically than it does for its exports, and called for an antitrust investigation into its activities.

Besides copper, the Bingham Canyon Mine is about to become a major supplier of molybdenum and rhenium. Rio Tinto, parent company of mine operator Kennecott Utah Copper, announced Wednesday that it will invest $270 million into a molybdenum autoclave process (MAP) facility.