Business

Canberra funding needed, NEC

03 October, 2001

NEC has told the federal government that a greater focus on commercialising Australian communications research and development is required to get multinationals to invest here.


Chip market to grow 23%

13 September, 2001

The semiconductor market will grow 23% in 2002 to $374 billion, buoyed by this year's inventory cutting and renewed consumer demand, according to US technology market forecaster, Semico Research.


Manufacturers see business lift

11 September, 2001

Manufacturers are turning to the domestic market to maintain output, given the local economic climate compared to that of Australia's major export destinations. The Australian Industry Group's latest Performance of Manufacturing Index showed strengthening activity through 2001, and with the recent cut in interest rates stimulating demand and encouraging investment, the domestic outlook is increasingly positive.


Mayer Krieg expands business

04 September, 2001

Mayer Krieg and REC Electronics have merged and will trade under the name of Mayer Krieg. The merger creates a components and subsystems vendor valued at over $50 million. However, in the merger 10% of the workforce will lose their jobs.


Altium the new name for Protel

19 August, 2001

Protel International has been renamed Altium Limited. As of August, all corporate, sales, support and promotional activities will take place under the Altium name, and all operating subsidiaries will also be renamed.


Hitachi Australia distribute Elpida

26 July, 2001

Elpida Memory have chosen Hitachi Australia to distribute their products in Australia and New Zealand.


Trio Electrix in Brisbane

25 July, 2001

Following the opening of offices in NSW and Victoria, managed by Jorg Lange, and Brian Catley respectively, Trio Electrix has announced the opening of a Brisbane office.


WIKA opens in Brisbane

10 July, 2001

WIKA Australia has opened an office in Brisbane.


Rittal and Phoenix move

10 July, 2001

Rittal and Phoenix Contact have relocated to new premises in the Adelaide suburb of Torrensville, offering a central location for transport and customer support.


Cabac Merges

14 June, 2001

Cabac and Namlea Data Systems have merged as part of a growth strategy for the Cable Accessories Group.


Combined Catalogue

14 June, 2001 | Supplied by: Fluke Australia Pty Ltd

Fluke has introduced a catalogue bringing together the combined lines of Fluke and Agilent general purpose test products in one unified source.


Record 3.2 Tbps Data Transmission

10 April, 2001

Siemens has broken what it claims is a world record for data transmission capacity by transmitting 3.2 Terabits per second of traffic on standard optical fibre under real conditions.


Call for more action for innovation and research

22 February, 2001

In the wake of the Federal Government's new Innovation Action Plan, leading industry groups have called for more to be done to raise the profile of R&D and innovation in Australia.


Innovonics reaches agreement on major rail project

19 February, 2001

Melbourne-based Innovonics Ltd has agreed to design, build and supply EDI Rail with communications and surveillance equipment sets for the first 20 trains of Sydney's latest fleet over the next two years.


Omnitech secures smartcard contracts in Brazil & China

22 January, 2001

Australian electronics concern Omnitech Holdings announced it had secured multi-million dollar contracts in Brazil and China.


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