SELBYVILLE, DE – The worldwide telecom electronic manufacturing services market was worth $155.7 billion in 2019 and is projected to grow at a CAGR of 7% from 2020 through 2027, according to a recent study. The growth is credited to surging demand for mobile phones, smart electronic devices, and other telecom products.

WESTWOOD, MA – Chase Corp. finalized the acquisition of ABchimie, a developer of coatings for electronics, in an all-cash deal. Chase expects the acquisition to be immediately accretive but not in a significant way.

WASHINGTON – John Mitchell, president and CEO of IPC released the following statement on today’s vote by the US House of Representatives to approve the final version of the fiscal 2021 National Defense Authorization Act (NDAA):

BANNOCKBURN, IL – IPC Apex Expo 2021 will be offered virtually Mar. 8-12.

TAIPEI – Foxconn experienced a ransomware attack at its Mexican facility last month, according to reports.

KUANTAN, MALAYSIA – TT Electronics opened an electronics manufacturing facility here.

SCOTTSDALE, AZ – Each of the top-five IC product categories in terms of 2020 sales all have ties to computing or communication applications, says IC Insights. With estimated sales of $65.2 billion, DRAM tops the list with the greatest sales revenue this year, followed by NAND flash. Computer and cellphone processors also make the list, along with computer—special purpose logic.

TAIPEI – Foxconn saw consolidated revenues climb 13.1% year-over-year and 11.2% sequentially in November to NT$681.4 billion (US$24 billion).

MORRISVILLE, NC – iNEMI will hold an end-of-project webinar on conformal coating Dec. 16 and Jan. 5.

SHANGHAI – Universal Scientific Industrial has completed the acquisition of Asteelflash through the acquisition of its parent company, Financière AFG.

FRAMINGHAM, MA – The global wearables market grew 35.1% year-over-year during the third quarter, with total shipments reaching 125 million units, according to International Data Corp.

WASHINGTON – Worldwide sales of semiconductors reached $39 billion in October, an increase of 6% year-over-year and 3.1% sequentially, according to the Semiconductor Industry Association.