NEVADA CITY, CA – The fastest-growing application segment for IC devices is the communications market, with shipments expanding at a CAGR of 7.1% between 2018 and 2023 to reach annual revenues of $137 billion, according to New Venture Research.

QUERETARO CITY, MEXICO -- WKK will build a new EMS manufacturing plant here to take advantage of the trade situation between the US and Mexico.

TORONTO – SMTC Corp. plans to wind-down its Chinese manufacturing operations when its current Dongguan, China, lease expires in December, the company said Thursday.

FRAMINGHAM, MA – Shipments of wrist-worn wearables, inclusive of smartwatches, basic watches, and wristbands, reached 34.2 million units, up 28.8% year-over-year during the second quarter, according to International Data Corp.

ANDOVER, MA – Vicor will invest $35.5 million to expand its contract assembly factory here, with construction scheduled to begin this fall.

GUADALAJARA – Koh Young America will highlight its Smart Factory and 3-D inspection at an open house here Oct. 3-4 in conjunction with Repstronics.

TAIPEI – Terry Gou said he will not run in the 2020 Taiwan presidential election after all.

MIAMISBURG, OH – Wurth Electronics is moving to a new location here in early 2020, where the electronics manufacturer plans to more than double its space and staff, according to reports.

MOUNT PLEASANT, WI – Foxconn’s plans for a nine-story circular structure here were withdrawn, according to reports.

BANG KADI, THAILAND – SVI Public Co. has received a letter of intention from its largest shareholder to make a conditional voluntary tender offer to acquire all the securities of the company.

SAN JOSE – Sanmina’s board has voted to appoint Hartmut Liebel as chief executive officer, effective Sept. 30. Liebel will succeed Michael Clarke, who will remain in an advisory capacity through a transition period.

GRUDZIADZ, POLAND – Kitron has completed a €15 million, 88,000 sq. ft. manufacturing facility here. Production is scheduled to start in October, the EMS firm added.