SELANGOR, MALAYSIA – Neways has opened a state-of-the-art manufacturing facility in Selangor, strengthening its presence across Asia.

CHENNAI – Syrma SGS Technology reported financial results with revenue reaching $269 million for the fiscal year ended March 31, a 23% year-over-year increase. Net profit for the year came in at $20.1 million.

SANTA CLARA, CA – AMD has entered into a definitive agreement to divest ZT Systems’ US-based data center infrastructure manufacturing business to Sanmina for $3 billion in cash and stock, including a potential $450 million contingent payment.

MILPITAS, CA – The global semiconductor industry followed traditional seasonal trends in the first quarter, but uncertainty surrounding new tariffs is expected to cause atypical shifts later this year, according to the SEMI trade group.