MILPITAS, CA – Global 300mm fab equipment spending for front-end facilities is forecast to reach a record $137 billion in 2027 after topping $100 billion for the first time by 2025, SEMI highlighted in its quarterly 300mm Fab Outlook Report to 2027 report.

TÄBY, SWEDEN – Mycronic senior vice president Ivan Li is exiting the company's senior management team to free up the possibility of listing its Axxon subsidiary on a Chinese stock exchange.

LAHTI, FINLAND – Kemppi Group is splitting its electronics business into its own company, Kemptron, to strengthen its position in the electronics industry.

KUALA LUMPUR – Malaysian contract manufacturer Ge-Shen has entered into an agreement to purchase 60% stakes each in Amity Research & Development and Amity Technical Services & Consultancy for RM13.5 million ($2.6 million).