GUANGZHOU, CHINA – Foxconn has invested a reported $9 billion in a new display plant that began operations on Jul. 31, according to reports. It is said to be the largest-ever single investment in Guangzhou.

JASPER, IN – Kimball Electronics reported fiscal fourth quarter net sales of $318.6 million, an increase of 15.1% year-over-year. Net income for the period ended Jun. 30 was $7.5 million, up 30.1% year-over-year. Operating income was $10.3 million, down 8.4%.

DENVER, CO – SlingShot Assembly completed its second acquisition in 13 months, buying Kenosha, WI-based Jade Electronics.

BANNOCKBURN, IL — North American printed circuit board shipments in June were up 5.5% year-over-year and 10.7% sequentially, said IPC. Year-to-date sales growth was 11% percent as of June.

WASHINGTON – Citing the vital need for a secure US industrial base, US Senators Mike Crapo (R-ID) and Mark Warner (D-VA) have introduced bipartisan legislation to guard against attempts by the People’s Republic of China and others to undermine US national security by exploiting and penetrating US supply chains.

TAIPEI – ASE Technology Holding reported second quarter unaudited net revenues of NT$90.7 billion (US$3 billion), up 7% year-over-year and 2% sequentially.

RICHMOND, UK – Cable assembly maker Volex has acquired EMS firm Servatron for up to $28.5 million in cash and shares, including assumption of $6.7 million in net debt.

MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.01 billion in billings worldwide in June, down 19% year-over-year and 2.5% sequentially, according to SEMI.

BURNABY, BC, CANADA – An undisclosed stake in Creation Technologies has been sold by one private equity firm to another.

SAN JOSE – Sanmina reported fiscal third quarter revenue of $2 billion, up 11.8% year-over-year and down 4.7% sequentially.

CAMBRIDGE, UK – The market for wearables in 2019 will reach $50 billion, more than double since 2014, says IDTechEx.

TEMPE, AZ – Benchmark Electronics will shutter assembly sites in San Jose and Guaymas, Mexico, by the end of March and lay off about 3% of its global workforce.