ATLANTA – July sales sentiment and August expectations for electronics component sales registered an accelerating, refreshing recovery from the doldrums the industry suffered in the second quarter, according to ECIA's monthly Electronic Component Sales Trend Survey.
TAIPEI – Foxconn's revenue declined 1.23% year-over-year in July, but it expects third-quarter sales to rise sequentially and be higher than the average level of the past two years.
MANILA - Integrated Micro-Electronics is selling its entire 80% stake in UK-based electronics manufacturer STI Ltd. to a British private equity firm for GBP2.2 million ($2.8 million).