Mycronic-Axxon Deal a Symbolic Milestone

Mycronic’s purchase of electronics dispensing OEM Shenzhen Axxon Automation Co. today signals a novel, if inevitable, milestone in the SMT processing equipment history: Chinese process equipment OEMs have reached the point where they are sufficiently viable and significant for Western companies to invest in.

Certainly there are no shortage of domestic Chinese OEMs. But relatively few have reached the technology or market share level needed to draw the interest of Western buyers.

No more.

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About Mike

Mike Buetow is editor-in-chief of Circuits Assembly magazine, the leading publication for electronics manufacturing, and PCD&F, the leading publication for printed circuit design and fabrication. He is also vice president and editorial director of UP Media Group, for which he oversees all editorial and production aspects. He has more than 20 years' experience in the electronics industry, including six years at IPC, an electronics trade association, at which he was a technical projects manager and communications director. He has also held editorial positions at SMT Magazine, community newspapers and in book publishing. He is a graduate of the University of Illinois. Follow Mike on Twitter: @mikebuetow