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SEOUL -- Koh Young Technology reported first quarter revenue grew 13% year-over-year, boosted by a 20% increase in its 3-D AOI business.

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HAIFA, ISRAEL – Green Point, the plastic and metal parts design and manufacturing division of Jabil, announced today the opening of its new 2,000 square meter Optics Technology Innovation Center here.

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SCOTTSDALE, AZ – IC Insights has raised its expectations for 2018 capital spending by six percentage points to a 14% increase. If this occurs, it would be the first time semiconductor industry capital outlays exceeded $100 billion. The worldwide 2018 capital spending forecast figure is 53% higher than 2016 spending.

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WESTLAKE, OH – Nordson reported fiscal second quarter net sales of $553.7 million, up 11.6% year-over-year.

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SAN JOSE, CA – Power Design Services (PDS) and Green Circuits announced a merger agreement, effective May 21. Financial and other terms were not disclosed.

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SHANGHAI -- Some 16 companies, including Foxconn and China Telecom, announced their backing of the 5G industry alliance, announced yesterday here.

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