NORTHBROOK, IL – UL has rolled out a new assessment program to help organizations minimize supply chain cybersecurity risk by focusing on the trustworthiness of suppliers' security practices.

TAIPEI – Foxconn’s first quarter revenue fell 12% from last year to NT$929.1 billion. Profits plunged 89% year-over-year because of supply chain disruptions in China due to Covid-19, according to reports. Net earnings were NT$2.1 billion ($70.2 million).

BROOKLYN – Cemtrex reported fiscal second quarter Advanced Technologies segment revenue decreased 11% to $6.2 million year-over-year. The decrease is attributed to the impact of the Covid-19 crisis.

WINDSOR, UK – Note has taken steps to reopen its plant here, which has been closed since the end of March and accounts for 10% of the firm’s sales.

WAYZATA, MN – Nortech Systems reported first quarter net sales of $27.4 million, a decrease of 3% year-over-year.

BANNOCKBURN, IL – Electronics manufacturing directly supports more than 1.3 million US jobs, according to a new IPC report. For every US EMS job, three other jobs are supported in the US economy, contributing to a total of 5.3 million American jobs. Also, the industry indirectly and directly contributes $714 billion (3.7%) to US GDP.

WATERBURY, CT – Three suppliers in electronics assembly materials received notice the US Patent and Trademark Office has issued a patent for their solder alloy formulation. The patent was granted an extended expiration to June 11, 2029.

ATLANTA – Governments in several areas have started to ease quarantine orders, according to a recent ECIA survey. However, conflict between governments, citizens and businesses has resulted in some localized turbulence. A sense of urgency to reopen the economy continues to build, and additional funding has been approved after the initial round of funding to support businesses, especially small businesses, was exhausted quickly.

BUCHS, SWITZERLAND – On Apr. 30, Variosystems acquired Solve Engineering for an undisclosed sum.

VEJLE, DENMARK – EMS firm GPV reported first quarter revenue was €91 million (US$98.3 million), down 6% year-over-year.

ATLANTA – All electronic component manufacturer representatives have seen their business disrupted to some degree by Covid-19, according to a new ECIA survey. Some 90% of members expect serious to severe impact on their business during the next two to three months.

SANKT AUGUSTIN, GERMANY – The Fraunhofer Institute for Applied Information Technology FIT has developed a modular artificial intelligence platform to optimize the design and testing of PCBs, reportedly reducing the requisite outlay by as much as 20%.