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

SAN JOSE -- Flex announced fiscal fourth quarter revenues rose 9.2% over a year ago, boosting the EMS firm to a record year.

ANAHEIM, CA – Summit Interconnect today announced the acquisition of printed circuit board fabricator Royal Circuit Solutions and its assembly affiliate Advanced Assembly for an undisclosed sum.

HAMBURG, GERMANY -- Yxlon International is rebranding as Comet Yxlon, the manufacturer of x-ray and CT inspection systems announced this week.

WASHINGTON — Worldwide sales of semiconductors totaled $151.7 billion during the first quarter, up 23% over 2021 but 0.5% less than the December period.

GLENVIEW, IL -- Illinois Tool Works reported first quarter revenue at its Test & Measurement and Electronics unit was up 8% year-over-year.

PEACHTREE CITY, GA – May 3, 2022 – The Printed Circuit Engineering Association (PCEA) today announced Anaya Vardya and Doug Dixon have joined its board of directors.

BANGKOK – Fabrinet reported fiscal third quarter revenue of $564.4 million, up 17.8% year-over-year.

DRESDEN GERMANY – Cicor Group completed its acquisition of SMT Elektronik, according to reports.

SAN JOSE – Sanmina Corp. reported fiscal second quarter net sales were $1.9 billion, an increase of 12.5% year-over-year.

BURSA, MALAYSIA – Cnergenz expects to raise RM58 million (US$13.3 million) from its upcoming initial public offering here, according to reports.

HAWTHORNE, CA – OSI Systems reported fiscal third quarter revenues of $290.5 million, an increase of 2.4% year-over-year.