JOHOR BAHRU, JOHOR, MALAYSIA -- ATA IMS will add at least six SMT lines in 2019 as part of a major expansion, the firm said this week.
KUALA LUMPUR -- VS Industry is working on a pair of new facilities with a combined 300,000 sq. ft. of production floor space to meet anticipated new orders.
FRAMINGHAM, MA – Global spending on 3D printing, including hardware, materials, software, and services, is expected to increase 21.2% year-over-year to $13.8 billion in 2019, say the International Data Corp.
ATLANTA -- East West Manufacturing has acquired EMS provider General Microcircuits in a deal between privately held companies.
SINGAPORE – A private equity firm is acquiring EMS firm PCI in an all-cash offer of $150 million, according to reports.
WESTWOOD, MA – Chase Corp. reported fiscal first quarter revenue of $72.5 million, up 17% year-over-year.
FRAMINGHAM, MA – Worldwide spending on the Internet of Things (IoT) is forecast to reach $745 billion in 2019, an increase of 15.4% over 2018, according to International Data Corp. IDC expects worldwide IoT spending will maintain a double-digit annual growth rate throughout the 2017-2022 forecast period and surpass the $1 trillion mark in 2022.
LOS ANGELES – The global automotive electronics market is anticipated to record a market size of around $430.1 billion by 2026, growing at a 9% CAGR, according to Acumen Research and Consulting.
LONG ISLAND CITY, NY – Cemtrex reported fiscal 2018 net sales were $89.9 million, down 25% year-over-year.
WASHINGTON – Worldwide sales of semiconductors reached $41.4 billion in November, up 9.8% year-over-year and down 1.1% sequentially, says the Semiconductor Industry Association.
BANGKOK -- Kinpo Electronics is set for major expansions of its existing factories in Thailand and the Philippines, driven in part by customers looking to move production from China to avoid the US-China tariffs.
BILLINGSTAD, NORWAY -- Kitron president and chief executive officer Peter Nilsson will take a leave of absence as he undergoes treatment for cancer, the EMS company announced today.