SCOTTSDALE, AZ – The first quarter of 2019 was the fourth largest sequential IC market decline on record. The 17.6% drop was also the third largest first quarter decline since 1984.

NEW DELHI, INDIA – India’s electronics imports reached a record $55.6 billion in 2019, up 8% year-over-year, according to reports.

GREENBELT, MD – Bhanu Sood, Ph.D, a commodity risk assessment engineer at Goddard Space Flight Center, will present a webinar on May 9 on counterfeit parts.

MOORPARK, CA – The assets of American Board Assembly will be auctioned following the EMS company’s recent closure.

SPOKANE VALLEY, WA – Key Tronic reported fiscal third quarter revenue of $108 million, flat with the same quarter last year.

SAN JOSE – Flex reported fiscal fourth quarter net sales of $6.2 billion, down 3% year-over-year.

BILLINGSTAD, NORWAY – Kitron reported first quarter revenue was NOK 813 million ($94.1 million), an increase of 25% year-over-year. All market sectors grew.

WASHINGTON – Worldwide semiconductors sales totaled $96.8 billion in the first quarter, down 13% year-over-year and 15.5% sequentially, says the Semiconductor Industry Association.

SAN JOSE, CA – Sanmina Corp. reported fiscal second quarter revenue of $2.1 billion, up 26.9% year-over-year and down 2.8% sequentially.

TAIPEI – Foxconn is among Taiwanese companies that will receive substantial subsidies from Beijing.

BANNOCKBURN, IL – North American PCB shipments in March were up 19.1% year-over-year and 32.9% sequentially.

LAGUNA, PHILLIPPINES – Integrated Micro-Electronics reported profits plunged 94% on flat revenues in the first quarter, as a result of higher input costs and the general slowdown of the global market.