HOOK, UK – British private equity firm Rcapital has agreed to the purchase of STI Ltd. from Integrated Micro-Electronics for GBP2.2 million ($2.8 million).

WASHINGTON – Worldwide sales of semiconductors totaled $124.5 billion during the second quarter of 2023, a 4.7% sequential increase but 17.3% less than the second quarter of 2022, according to the Semiconductor Industry Association.

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.