BANNOCKBURN, IL — Nine in 10 electronics manufacturers are currently experiencing rising material costs, while four-fifths are experiencing rising labor costs, according to recent IPC survey data.
WESTLAKE, OH – Nordson announced a business segment realignment, reorganizing into three financial reporting segments, effective Aug. 1: Advanced Technology Solutions (ATS), led by Srinivas (Srini) Subramanian, executive VP; Industrial Precision Solutions (IPS), led by Jeffrey A. Pembroke, executive VP; and Medical and Fluid Solutions (MFS), led by Stephen Lovass, executive VP.
STOCKHOLM -- Note today announced the acquisition of all shares in Herrljunga, Sweden-based electronics manufacturer Dynamic Precision Solutions for SEK 20 million ($1.9 million), with adders based on profitability that could raise the total price to just over SEK 50 million ($4.8 million).
FONTENAY-AUX-ROSES, FRANCE – Icape Group’s IPO on the Euronext Growth market in Paris led to a capital increase of approximately €17 million (US$17.3 million) and a market capitalization of approximately €136.7 million.
WASHINGTON – Global semiconductor industry sales were $51.8 billion in May, up 18% year-over-year and 1.8% sequentially, says the Semiconductor Industry Association.
TAIPEI – Foxconn said June sales jumped 31% year-over-year to a record high for the month, and the firm is raising its full-year outlook thanks to strong sales of smartphones and servers, despite concerns of slowing demand due to rising inflation.