WASHINGTON — Worldwide sales of semiconductors reached $39.4 billion in November, an increase of 7% year-over-year and 1.1% sequentially, according to the Semiconductor Industry Association.
TORONTO – SMTC Corp. has entered into a definitive agreement with an affiliate of H.I.G. Capital in which H.I.G. will acquire all outstanding shares of SMTC’s common stock for $6.044 per share in cash, representing a premium of approximately 22% over SMTC’s closing share price on Dec. 31 and 66% over the share price 60 days ago.
WASHINGTON – Chris Mitchell, vice president of global government relations at IPC, released a statement regarding votes this past week in the US House of Representatives and US Senate to override President Trump’s veto of the Fiscal 2021 National Defense Authorization Act (NDAA):