HONG KONG — Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong with sites in China, Malaysia, Mexico, and the UK, has announced the acquisition of all assets of Pycom Ltd.

BILLINGSTAD, NORWAY — Kitron reported that it expects to see revenues of NOK 6.7-7.3 billion (US $686-$748 million) in 2023, based on strong current demands.

TOKYO — Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach a new high of $108.5 billion in 2022, rising 5.9% from the previous industry record of $102.5 billion in 2021, SEMI announced in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON Japan 2022.

MILPITAS, CA — The worldwide semiconductor industry is projected to invest more than $500 billion in 84 volume chipmaking facilities starting construction from 2021 to 2023, with segments including automotive and high-performance computing fueling the spending increases, SEMI announced in its latest quarterly World Fab Forecast report. The projected growth in global factory count includes a record high 33 new semiconductor manufacturing facilities starting construction this year and 28 more in 2023.