MORRISVILLE, PA – Mitsubishi Chemical America has entered into a definitive agreement to acquire all issued and outstanding shares of Gelest Intermediate Holdings. Completion of the transaction is expected in 2020, pending customary regulatory review and approval.
FRAMINGHAM, MA – The ongoing Covid-19 pandemic furthered the decline of the worldwide tablet market as global shipments fell to 24.6 million units, down 19.6% year-over-year during the first quarter, according to International Data Corp.
SINGAPORE – Kulicke and Soffa Industries reported fiscal second quarter revenue of $150.7 million, up 30% year-over-year and 4.4% sequentially.
TEMPE, AZ – Benchmark Electronics reported first quarter sales of $515 million, down 15% year-over-year and up 1.4% sequentially.
FRANKFURT – Three electronics assembly materials suppliers have jointly filed suit in Germany alleging patent infringement by Senju Metal Industry, Senju Metal Europe and Senju Manufacturing Europe.
TORONTO -- Celestica today announced first-quarter revenue fell 8% year-over-year to $1.32 billion, as lower order volumes cut about $85 million from the firm's topline revenue.