MUNICH – Electronics manufacturer Katek acquired fellow EMS Leesys Group for an undisclosed sum.
TAIPEI – Foxconn reported consolidated revenue of NT$713.78 billion (US$25.5 billion) for December, up 32.3% year-over-year and 4.8% sequentially.
HAIPHONG, VIETNAM – Pegatron has purchased land here for some VND528.9 billion (US$22.9 million) to construct a new plant, according to reports.
WASHINGTON — Worldwide sales of semiconductors reached $39.4 billion in November, an increase of 7% year-over-year and 1.1% sequentially, according to the Semiconductor Industry Association.
TORONTO – SMTC Corp. has entered into a definitive agreement with an affiliate of H.I.G. Capital in which H.I.G. will acquire all outstanding shares of SMTC’s common stock for $6.044 per share in cash, representing a premium of approximately 22% over SMTC’s closing share price on Dec. 31 and 66% over the share price 60 days ago.
WASHINGTON – Chris Mitchell, vice president of global government relations at IPC, released a statement regarding votes this past week in the US House of Representatives and US Senate to override President Trump’s veto of the Fiscal 2021 National Defense Authorization Act (NDAA):
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- SIA Applauds CHIPS Act Incentives for GlobalWafers Projects in Texas and Missouri