VANCOUVER, WA – Silicon Forest Electronics is merging with ESAM and Bay Computer Associates through a stock purchase agreement with VergePointe Capital in Lake Oswego, OR.

BANNOCKBURN, IL – IPC issued a call for technical conference abstracts for IPC Apex Expo 2022. The conference will be held Jan. 25-27 at the San Diego Convention Center.

LOUISVILLE, KY – Sypris Electronics reported first quarter revenue of $6.8 million, down 21.8% year-over-year.

MUNICH -- Siemens has signed an agreement to acquire Supplyframe, a design-to-source platform for the electronics value chain, for $700 million, the companies said today.

SAN FRANCISCO -- Bright Machines, a developer of software-driven automation processes, is being acquired by SCVX, a publicly traded special purpose acquisition company.

WASHINGTON – A group of US senators are expected to reveal a $52-billion five-year plan to boost US semiconductor chip production and research, according to reports.

TAIPEI -- Foxconn today said second-quarter revenue will increase 15% from a year ago, boosted by continued demand for personal computers and peripherals and new iPhones.

PENANG, MALAYSIA -- Emerging trends in global markets and product requirements have prompted electronics manufacturing services provider Escatec to acquire 100% of UK-based JJS Manufacturing in a private deal.

WAYZATA, MN – Nortech Systems reported first quarter net sales of $22.1 million, down 19.6% year-over-year.

VEJLE, DENMARK – Electronics manufacturer GPV reported first quarter revenue of DKK 741 million (US$120.3 million), up 9% year-over-year.

TOKYO – UMC Electronics reported fiscal third quarter net sales rose 1.7% to 39.2 million yen for the period ended Mar. 31.

TOKYO – UMC Electronics is closing production at its electronics manufacturing factory in Mexico and winding down its business operations in North America, a reaction to the slowing automotive market. The EMS company, annually ranked in the Top 20 in the CIRCUITS ASSEMBLY Top 50, said it began efforts to dissolve and liquidate the operations in Lagos de Moreno, Jalisco, in April. The target date for completion is September.