Circuits Assembly Online Magazine - Features

SAN FRANCISCO — Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach a record $117.5 billion in 2022, rising 14.7% from the previous industry high of $102.5 billion in 2021, and increase to $120.8 billion in 2023, SEMI announced today in releasing its Mid-Year Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON West 2022 Hybrid.

BILLINGSTAD, NORWAY -- Kitron's revenue for the second quarter was NOK1.58 billion ($154.3 million), up 59% year-over-year on a combination of strong demand and acquisitions, and the electronics manufacturing services company said it would raise its revenue forecast for full-year 2022.

PEACHTREE CITY, GA – The Printed Circuit Engineering Association (PCEA) today announced dates for next year’s PCB East conference and exhibition.

BANNOCKBURN, IL — Nine in 10 electronics manufacturers are currently experiencing rising material costs, while four-fifths are experiencing rising labor costs, according to recent IPC survey data.

WESTLAKE, OH – Nordson announced a business segment realignment, reorganizing into three financial reporting segments, effective Aug. 1: Advanced Technology Solutions (ATS), led by Srinivas (Srini) Subramanian, executive VP; Industrial Precision Solutions (IPS), led by Jeffrey A. Pembroke, executive VP; and Medical and Fluid Solutions (MFS), led by Stephen Lovass, executive VP.

STOCKHOLM -- Note today announced the acquisition of all shares in Herrljunga, Sweden-based electronics manufacturer Dynamic Precision Solutions for SEK 20 million ($1.9 million), with adders based on profitability that could raise the total price to just over SEK 50 million ($4.8 million).