NEENAH, WI – Plexus Corp. confirmed its fiscal second quarter guidance for revenue of $820 million to $860 million.
BASINGSTOKE, UK – Volex acquired 51% majority stake in electronics design and manufacturing services firm inYantra Technologies for $13 million. The deal includes the $5 million purchase of 13.5 acres of industrial land.
FOUNTAIN INN, SC – Kyocera AVX is set to acquire Rohm Semiconductor’s tantalum and polymer capacitor business assets.
BEAVERTON, OR – Advanced Semiconductor Engineering, AMD, Arm, Google Cloud, Intel, Meta, Microsoft, Qualcomm, Samsung and Taiwan Semiconductor Manufacturing formed a consortium to establish a die-to-die interconnect standard and foster an open chiplet ecosystem.
WASHINGTON – Global semiconductor industry sales were $50.7 billion in January, an increase of 26.8% year-over-year and down 0.2% sequentially, says the Semiconductor Industry Association.
BANNOCKBURN, IL – High material and labor costs are expected to continue for the foreseeable future, while recruiting and retaining skilled talent continues to be a challenge, according to new IPC data.
PATHUMTANI, THAILAND – SVI Austria, a subsidiary of SVI Public Co., signed a share purchase agreement to divest 49% of its shareholding in SVI Hungary to ml&s Personalservice and ESCHA.
DEHLI, INDIA -- An Indian regulatory agency has approved Elin Electronics Ltd. for an initial public offering.
BANNOCKBURN, IL — Total North American EMS shipments in January were down 6% year-over-year and 14.9% sequentially.
BANNOCKBURN, IL — The 2021 European EMS industry grew 9% year-over-year to more than €44 billion (US$48.9 billion), according to in4ma, an all-time high, beating the 2019 result by 1%.
SON, THE NETHERLANDS – Neways Electronics reported 2021 net revenue of €469.5 million (US$527.9 million), down 1.9% compared to 2020, largely due to the rationalization of less profitable customers. Growth with existing clients was dampened by continued material shortages and supply chain disruptions.