BANNOCKBURN, IL – First quarter orders at North American EMS companies were up 1% year-over-year, says IPC. Slower growth is expected for the industry through 2020, the trade group added.
LONG ISLAND CITY, NY – Cemtrex said a federal court has approved previously announced settlements in a securities class action lawsuit and related shareholder derivative litigation. The EMS/ODM will pay a series of fines and make certain changes to its governance as part of the settlements.
SANTA ANA, CA – The owner of PRB Logics was sentenced to more than three years in federal prison for selling counterfeit integrated circuits he obtained from China, some of which were purchased by defense contractors for military use.