News
MILPITAS, CA — Worldwide semiconductor manufacturing equipment billings for the first quarter dropped 19% year-over-year, says SEMI. Sales were down 8% sequentially to $13.8 billion, the trade group added.
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.
