BANNOCKBURN, IL – Material and labor costs continue to be two of the largest issues facing the electronics supply chain, according to an IPC report released today. Nine in ten electronics manufacturers report rising material costs, and nearly three-fourths report rising labor costs, the association says.
SAN JOSE – Flex completed its previously announced $540 million all-cash acquisition of Anord Mardix from private equity firm Bertram Capital.
GLENVIEW, IL – Illinois Tool Works completed the acquisition of the MTS Test & Simulation business from Amphenol Corp.
PATHUMTANI, THAILAND – SVI Public Co. on Nov. 30 finalized its previously announced acquisition of a 100% stake of Tohuku Pioneer (Thailand) Co. for an undisclosed sum.
FORT WALTON, FL – Investment firm TRS Capital has acquired a majority stake in Alta Electronics, a provider of wiring harnesses and cable assemblies, and distributor of electrical components to the transit, automotive, telecommunications, defense, heavy equipment, and aerospace industries.
ATLANTA, GA – UP Media Group Inc. seeks abstracts for its annual PCB West technical conference coming in 2022.
KUALA LUMPUR – EMS provider Aurelius Technologies (ATech) launched its prospectus for its initial public offering, involving up to 103.87 million ordinary shares comprising public issue of 77.01 million shares and an offer for sale of up to 26.86 million shares.
SUNRISE, FL -- Nano Dimension today announced third quarter revenues of $1.34 million, up from $438,000 a year ago.
BANNOCKBURN, IL — The 90-day moving average sales at North American electronics manufacturing services companies fell 4.4% year-over-year in October, according to a new report from IPC.
FONTENAY-AUX-ROSES, FRANCE -- ICAPE Group made a strategic move on the European market with the acquisition of JAPCC, giving the EMS company a "local window" in the Netherlands.
MILPITAS, CA — The 90-day worldwide billings by North America-based semiconductor equipment manufacturers was $3.74 billion in October, SEMI said.
WOKING, SURREY, ENGLAND -- TT Electronics said revenue in the four months ended Oct. 31 rose 11% from a year ago on a constant currency basis.