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STOCKHOLM – Mycronic reported a sales increase of 5% in the third quarter to total SEK1.27 billion ($115.8 million).

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BRONSCHHOFEN, SWITZERLAND – Cicor will acquire STS Defence, a UK-based provider of sustainment, support and modernization solutions for the aerospace and defense markets.

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ATLANTA – The electronic components sales sentiment dipped 3.6 points to 86.7 in September, but the industry continues to sustain a positive outlook with a projected sentiment of 94 in October, the highest level since July 2022 and only six points below the threshold of 100 indicating sales growth.

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TAICANG, CHINA – Zollner Electronik has expanded its plant here to meet the growing demands of the international market.

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ST. PETERSBURG, FL – Jabil’s board of directors has approved a restructuring plan to eliminate stranded costs after the divestiture of its Chinese electronic components manufacturing business in a $2.2 billion sale to BYD Electronic.

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WASHINGTON – The Semiconductor Industry Association released the following statement in response to the new export controls announced by the US Commerce Department. SIA represents 99% of the US semiconductor industry by revenue and nearly two-thirds of non-US chip firms.

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