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LAGUNA, PHILIPPINES – Cirtek Holdings Philippines has reissued P545.2 million (US$11.4 million) worth of bonds to refinance its short-term debt and support the capital spending of its US-based unit, Quintel USA, according to reports.

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TAIPEI – Consumer DRAM has the strongest demand momentum, as its sequential price decline in the fourth quarter this year is expected to narrow to within 5%, says TrendForce.

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ATLANTA -- East West Manufacturing today announced the acquisition of Universal Electronics in a deal between privately held contract electronics manufacturers.

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FRAMINGHAM, MA – The first half of 2020 has seen a resurgence in the PC and tablet markets, and demand continues to outpace supply, says International Data Corp. Demand is largely driven by work-from-home and at-home education needs, as well as entertainment purposes. Therefore, IDC expects the personal computing devices market, including traditional PCs, tablets, and workstations, will grow 3.3% year-over-year in 2020, with shipment volumes reaching 425.7 million units.

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AUSTIN, TX – The fan-out wafer level package (FO-WLP) market is projected to grow 15.5% in units from 2020 to 2024, according to TechSearch International.

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WAYNESBORO, VA – EMS firm Virtex said it is creating 40 to 50 new manufacturing jobs here, according to reports.

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