FOUNTAIN INN, SC – AVX and Kyocera have entered into a definitive merger agreement, under which Kyocera will pay cash for all outstanding shares of common stock of AVX not owned by Kyocera.
MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.34 billion in billings worldwide in January (three-month average basis), according to SEMI.
SANTA ANA, CA – Ducommun reported fourth quarter Electronic Systems net revenue was $96.3 million, growth of 12.9% year-over-year.
TAIPEI – Foxconn is restarting production at its main plants in China and cautioned 2020 revenue will be negatively affected by the coronavirus epidemic, according to reports. The firm did not provide an estimate of how much revenue will be hit.
WESTLAKE, OH – Nordson reported fiscal first quarter sales of $95 million, down 1% year-over-year.
CHICAGO -- M&A activity in the electronics manufacturing services sector slipped slightly in 2019, falling two to a total of 29.
EAST LONDON, SOUTH AFRICA – The courts have suspended the liquidation process of Yekani Manufacturing’s R1 billion (US$66.7 million) EMS factory, according to reports.
MINNEAPOLIS – CyberOptics reported sales of $16.9 million for the fourth quarter, down 6.6% year-over-year and up 36% sequentially.
FRAMINGHAM, MA – Worldwide spending on information and communications technology is expected to be $4.3 trillion in 2020, an increase of 3.6% over 2019, according to International Data Corp.
RALEIGH, NC – HZO said significant investments in R&D have resulted in 22 patents and patent-pending filings throughout multiple jurisdictions, including the US, China, and Europe.