R
ichard Ellis, of Cable Materials
Inc, has joined the team
of Inhol/PTL.
Richard has spent his entire career
in the cable industry, working for
AT&T, Sumitomo Electric, Lantor,
Neptco, and AlphaGary before
founding Cable Materials Inc
in August 2010. He has been
instrumental in developing
and introducing new technology to
the North American cable market,
ranging from optical fiber
transmitters/receivers to dry water
blocking materials, and will work
closely with Ron Goethals
to develop new products.
Richard will be Inhol/PTL’s
commercial representative
in North America, and the Inhol
representative to various industry
and standards associations.
A
n IC Insights report predicts
that shipments of cellular
handsets will touch 1.55
billion in 2011, a 9% increase over
the 1.4 billion shipped in 2010, and
will continue to grow by 8% in 2012
before declining slightly
in 2013.
The 2009–2014 cellphone unit
shipment compound annual
growth rate (CAGR) is forecast
to be less than half the 2002–2009
CAGR. However, surging shipments
of smartphones, and their associated
high IC content, are forecast
to have a huge impact on the IC
market through the forecast
period.
Smartphones accounted for
about 25% of total cellphone
shipments in 1Q11 compared to
16% in the same quarter a year
earlier, the report states.
Goodyear Tire & Rubber Co
has agreed to sell its global
wire operation to South Korea-
based tire reinforcements
producer Hyosung Corporation
for around $50 million.
The business manufactures
tire reinforcement wire
in Asheboro, North Carolina
and Colmar-Berg, Luxembourg,
employing around 600
people.
The sale comes five years after
Goodyear sold its global tire
fabric operations to Hyosung,
which has tire reinforcement
operations in in Brazil, China,
Luxembourg, Vietnam
and the US.
In a statement Goodyear,
the largest tire maker in the US,
said that the sale of the wire
business is not expected
to result in a significant gain
or loss, but that the two
companies will sign a multi-year
supply agreement after the
closing of the deal, which is
expected to take place later
this year.
Goodyear sells
its global
wire operation
New agent for the USA
Anticipated growth in
cellphone unit shipments
wiredInUSA July
wiredInUSA July
55
54
INDEX
