GLENVIEW, IL – Illinois Tool Works reported its test & measurement and electronics unit had fourth quarter revenue of $534 million, down 3.3% year-over-year. Operating income for the segment was $153 million, a decrease of 1.3% compared to the same quarter in 2019.
TEMPE, AZ – Benchmark Electronics reported fourth quarter sales of $521 million, an increase of 2.6% year-over-year, down 0.95% sequentially.
MINNEAPOLIS – SMTA announced the best papers from SMTA International 2020. Richard Coyle, Ph.D., Nokia Bell Labs, won the Best of Proceedings category for "Enhancing Thermal Fatigue Reliability of Pb-Free Solder Alloys with Additions of Bismuth and Antimony."
BOSTON – Strong demand for home computers, tablets and games consoles helped consumer electronic revenues reach $358.5 billion in 2020, an increase of 7% over 2019, according to Strategy Analytics.
NUREMBERG – Due to the continuing high rate of infections and the associated restrictions, Mesago Messe Frankfurt is cancelling SMTconnect, previously scheduled for May 4-6 here.
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