BANG KADI, THAILAND – SVI Public Co. posted 2018 consolidated Sales of $484.9 million, an increase of 25.6% compared to 2017.

BANNOCKBURN, IL – Data on OEMs’ use of emerging technologies showed more than half of those surveyed are currently making products that communicate with the Internet of Things, and 75% make products that depend on sensor inputs, according to IPC’s new global study, PCB Technology Trends 2018.

MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $1.89 billion in billings worldwide in January (three-month average basis).

REDMOND, WA – Data I/O posted fourth quarter net sales of $7.9 million, down 2.5% year-over-year and up 21.5% sequentially.

WESTLAKE, OHIO – Nordson reported fiscal first quarter sales were $498 million, a 10% decrease year-over-year.

EINDHOVEN, THE NETHERLANDS – Neways Electronics reported 2018 net revenue of €506.8 billion ($574.5 billion), an increase of 15.5% year-over-year due to strong demand, primarily in the semiconductor and automotive sectors.

SODUS, NY – Contract electronics manufacturer Pace Electronics has purchased Peter Parts Electronics, which specializes in electronic parts, components and assemblies.

MINNEAPOLIS – CyberOptics reported sales of $18.1 million for the fourth quarter, an increase of 37% year-over-year.

LONG ISLAND CITY, NY -- Cemtrex reported first quarter consolidated revenue fell 46% to $17.3 million on a change in product mix and company focus.

LEICESTERSHIRE, UK -- HK Wentworth Group today announced the acquisition of Dancap Electronics, a UK-based distributor. HK Wentworth said the deal will help it expand in the UK.

Dancap distributes Hakko soldering equipment in the UK, while HK Wentworth is an authorized Hakko distributor in Australia and New Zealand.

Terms were not disclosed.

In a press statement, Ron Jakeman, managing director, HK Wentworth, said, “Dancap Electronics provides an exciting opportunity for HK Wentworth. The additional capabilities strengthen and extend the services we offer and enhance our complete solutions approach. With a broad range of customers across the electronics industry, the acquisition of Dancap Electronics together with our trusted relationship with Hakko, will support shared plans to meet increasing demand and accelerate entry to new markets. With the stability and backing of the world’s leading soldering equipment company, HK Wentworth is delighted to take on board the highly reputable and sought-after Hakko brand in the UK.”

HAMPSHIRE, UK – The four biggest smartwatch vendors – Apple, Fossil, Fitbit and Samsung – will have their market share for connected watch shipments fall to 47% by 2023, down from an estimated 58% in 2018, says Juniper Research. The decline is linked to the growth of smaller players, including Garmin, Huami and Huawei, among others.

MINNEAPOLIS -- Nortech Systems today named Jay D. Miller president and chief executive, effective Feb.27.