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HAUPPAUGE, NY – Orbit International’s electronics group reported February orders in excess of $1.25 million.

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OTTAWA – The global automotive electronics market will reach hit around $640.6 billion by 2030, growing at a 10-year compound average rate of 7.64%, according to new study by Precedence Research. Automotive electronics sales comprised nearly $256 billion in 2020, the market researchers said, boosted by demand for electric vehicles and their high electronics content.

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TAIPEI – Foxconn expects first quarter revenue to grow more than 15% year-over-year, according to reports.

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TAIPEI – Global DRAM revenue reached $17.7 billion in the fourth quarter, up 1.1% year-over-year, according to TrendForce.

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FARNBOROUGH, UK – BAE Systems has acquired Pulse Power and Measurement for an undisclosed sum.

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BANNOCKBURN, IL – As a final rule, the US Environmental Protection Agency is prohibiting the processing and distribution of phenol, isopropylated, phosphate (3:1) (PIP (3:1)) in electronics as of Mar. 8.

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