BERWYN, PA – Ametek is selling Reading Alloys to Kymera International for $250 million, according to reports.
TAIPEI – Foxconn reported consolidated revenues of NT$539.5 billion (US$17.8 billion) for December, down 12.9% year-over-year and 10.5% sequentially.
SOUTHAMPTON, PA – Effective Jan. 1, IMET Electronics merged with TJM Electronics. The companies are now under the TJM Electronics brand.
NEVADA CITY, CA – The global market for IC packaging grew by double digits in 2018 but increased 3% in 2019, as the overall IC devices market declined 3.7%, according to New Venture Research.
MAHARASHTRA, INDIA – Foxconn will not set up its manufacturing units here, according to reports, while the firm resolves issues with proposed investments worth ₹30,000 crore (crore = 10 million).
FRAMINGHAM, MA – Worldwide spending on robotics systems and drones will be $128.7 billion in 2020, an increase of 17.1% over 2019, according to IDC.