NEENAH, WI – Plexus reported fiscal first quarter revenue of $852.4 million, up 11.3% year-over-year and 5.2% sequentially.
LUMBERTON, NJ – BlueRing Stencils acquired Stone Mountain Tool for an undisclosed sum.
DALLAS, TX – Zentech Manufacturing has acquired Trilogy Circuits for an undisclosed sum.
SPOKANE VALLEY, WA – Keytronic expects to report revenue of approximately $117 million for the fiscal second quarter ended Dec. 28, on the low end of previous guidance.
CYPRESS, CA – Hanwha Precision Machinery has launched a 7,653 sq. ft. integrated tech center in Germany named the Hanwha Europe Technical Center.
HAIPHONG, VIETNAM – Pegatron plans to set up production facilities in Vietnam, according to reports.
BANNOCKBURN, IL – Research on surface finishes for HDI boards has been selected for the best paper award for the upcoming IPC Apex Expo 2020 technical conference. Taking top honors in the domestic paper category is “Reliable Nickel-Free Surface Finish Solution for High-Frequency-HDI PCB Applications” by Kunal Shah, Ph.D., of LiloTree.
EAST LONDON, SOUTH AFRICA – Yekani Manufacturing has shut the doors on its 301,389 sq. ft. smart factory and faces liquidation, according to reports.
ATLANTA – Prime Technological Services has acquired TeligentEMS for an undisclosed sum.
VINH PHUC PROVINCE, VIETNAM – Compal Electronics is planning a second plant in Vietnam, with its first reaching full capacity around the second quarter of this year.
SCOTTSDALE, AZ – The correlation coefficient between worldwide GDP growth and IC market growth over the past decade was 0.85 (0.96 excluding the memory market in 2017 and 2018), a strong figure given a perfect positive correlation is 1.0, says IC Insights.
TIANJIN, CHINA – The government of Tianjin is discussing the sale of two firms to TCL Corp., according to reports.