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MANILA – EMS provider Ionics EMS will be delisted from the Singapore stock exchange June 23, a voluntary move in order to cut compliance costs.

The company, a subsidiary of Ionics Inc., will have its last trading day June 8. On May 31, Ionics bought 2.616 million EMS Ionics shares worth S$39,240, bringing its current total to 1.4 billion shares, or 90% of the subsidiary’s total equity. A cash offer has been made for the remaining 10%.


 

MIGDAL HAEMEK, ISRAEL -- Rudolph Technologies has filed a claim in US District Court alleging two Camtek AOI machines infringe a recently issued patent.

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BRUSSELS – Some substances, including halogenated flame retardants and PVC, should undergo further assessments for safe use in electrical and electronic equipment, said the European Parliament Environment Committee in a vote today.

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SAN JOSE The 90-day moving average worldwide semiconductor sales in April were $23.6 billion, up 2.2% from March and 50.4% year-over-year. Read more ...

TAIPEI -- Foxconn will raise wages of its China-based workers by 30%, effective immediately, according to reports.

 

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FREMONT, CA -- Alta Manufacturing has acquired fellow electronics contract manufacturer NRC Manufacturing for an undisclosed sum.

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