SAINT-HERBLAIN, FRANCE – Lacroix Group forecasts revenue of €800 million (US$952 million) by 2025, up from €441 million in 2020. The forecast represents an 81% increase over 2020, and includes possible acquisitions. For 2021, the EMS company forecasts revenue of more than €500 million.

WASHINGTON – The Semiconductor Industry Association submitted comments to the US Department of Commerce in response to President Biden’s executive order on securing America’s critical supply chains, highlighting the importance of the global semiconductor supply chain to maintaining a strong semiconductor industry and identifying a range of vulnerabilities.

WASHINGTON – Global semiconductor industry sales were $39.6 billion in February, an increase of 14.7% year-over-year, down 1% sequentially, according to the Semiconductor Industry Association.

WASHINGTON – The Alliance for Auto Innovation is petitioning for the US government help in boosting semiconductor availability, asserting the current shortage could result in ongoing factory disruptions that could result in more than 1.25 million fewer vehicles being built this year.