WASHINGTON – Global semiconductor industry sales were $50.7 billion in January, an increase of 26.8% year-over-year and down 0.2% sequentially, says the Semiconductor Industry Association.

BANNOCKBURN, IL – High material and labor costs are expected to continue for the foreseeable future, while recruiting and retaining skilled talent continues to be a challenge, according to new IPC data.

PATHUMTANI, THAILAND – SVI Austria, a subsidiary of SVI Public Co., signed a share purchase agreement to divest 49% of its shareholding in SVI Hungary to ml&s Personalservice and ESCHA.

DEHLI, INDIA -- An Indian regulatory agency has approved Elin Electronics Ltd. for an initial public offering.