JOHOR, MALAYSIA – Contract manufacturer ATA IMS forecasts fiscal 2021 revenue growth of 30% and fiscal 2022 growth of 25%, according to reports. Fiscal 2022 revenue is expected to be RM1.5 billion (US$370.8 million). Revenue from contracts with customers other than the company’s main customer is anticipated to account to up 30% to 35% of total revenue for fiscal 2022.
BRONSCHHOFEN, SWITZERLAND – One Equity Partners has purchased HEB Swiss Investment's shares in EMS firm Cicor Technologies for an undisclosed sum.
EINDHOVEN, THE NETHERLANDS – Neways plans to lay off an additional 100 full-time employees as a result of a reorganization at the end of 2020, according to reports.
VIHN PHUC, VIETNAM – Valuetronics’ new EMS factory in Vietnam will be fully operational in the third quarter. The 550,000 sq. ft. site will house 60 injection molding lines and 30 SMT lines.
WASHINGTON – Global semiconductor sales were $40 billion for January, an increase of 13.2% year-over-year and 1% sequentially, according to the Semiconductor Industry Association.
HONG KONG – ASM Pacific Technology reported fourth quarter SMT Solutions revenue of HK$1.93 billion (US$248.8 million), up 1.4% year-over-year and 10.4% sequentially.
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