KUALA LUMPUR – VS Industry reported fiscal fourth quarter revenue slipped 15% to RM882.61 million (US$214.7 million) year-over-year. Revenue was up 74.6% sequentially.

AUSTIN, TX – Foxconn is among a handful of investors pumping in $22 million to an Austin-based company that makes semiconductor and software products for high-fidelity sensing data.

FRANKFURT – ZVEI is among 20-plus companies from the mechanical engineering and electrical industry to start the Industrial Digital Twin Association (IDTA) as a user organization for Industry 4.0.

ATLANTA – Positive developments in both economic progress and battling the pandemic have buoyed the manufacturing world, including participants in the electronics components supply chain, according to ECIA. The latest results of a survey on the Covid-19 impact reveal a renewed surge in supply chain health and optimism. However, many experts express concern about a possible pandemic resurgence as the Northern Hemisphere approaches the winter months.