WAYNESBORO, VA – EMS firm Virtex said it is creating 40 to 50 new manufacturing jobs here, according to reports.
SUNNYVALE, CA – Covalent Metrology acquired Riga Analytical Lab for an undisclosed sum, effective immediately.
OLDENBURG, GERMANY – Straschu plans to close its contract assembly plant here at the end of November, according to local news media.
FRAMINGHAM, MA – The worldwide smartphone market is forecast to decline 9.5% year-over-year in 2020, with shipments totaling 1.2 billion units, according to International Data Corp.
SON, THE NETHERLANDS – Neways Electronics reported net revenue of €243 million (US$289.1 million) for the first half of 2020, down 8.1% year-over-year.
NEVADA CITY, CA – The worldwide electronics assembly market consisted of approximately $1.3 trillion in terms of cost of goods sold as of 2019, says New Venture Research.
HERMOSILLO, MEXICO – Creation Technologies has broken ground on a new high-volume electronics manufacturing facility here that will nearly triple its Mexico footprint. The company is expanding its North American footprint to better serve aerospace and defense, medical, and tech industrial customers.
BANNOCKBURN, IL – Total North American PCB shipments in July were up 10.1% year-over-year and down 15.7% sequentially, says IPC.
BANNOCKBURN, IL – An IPC task group is making progress on a new standard for organic surface protectants for printed circuit boards.
CAMBRIDGE, UK – By 2030, augmented, virtual and mixed reality optics and display markets are expected to total more than $28 billion, according to IDTechEx.
TAIPEI -- Total smartphone production reached 286 million units in the second quarter, a sequential rebound of 2.2% but a 16.7% drop year-over-year, TrendForce said.
SELBYVILLE, DE – The consumer electronics market is expected to surpass $1.5 trillion by 2026, up from $1 trillion last year, according to Global Market Insights.