LUXEMBOURG – Exceet Group reported first quarter sales of EUR 38 million ($46 million), up 7.4% year-over-year and 9.7% sequentially.
HERTFORDSHIRE, UK – Consumer demand for TV sets is poised to return to growth in 2018, says Futuresource Consulting. The recovery of several markets linked with a transition to 4K UHD models will drive trade value up 5% to $85 billion.
DELHI, INDIA – Syrma Technology is spending $10 million to set up its fifth manufacturing unit, this one in the Delhi-Mumbai corridor. The new plant is expected to come online later this year.
NEW YORK – A new survey from Morgan Stanley highlights the broad risk facing many chip companies from a rise in double-booking.
TORONTO -- Celestica today reported first quarter revenue increased 1% from a year ago to $1.5 billion.
SAN JOSE, CA – Flex reported fiscal fourth quarter net sales of $6.4 billion, up 9% year-over-year.
LYON, FRANCE – The panel level packing (PLP) market is expected to reach $285 million in 2023, a 51% CAGR during the 2017-2023 period, according to Yole Développement.
MILPITAS, CA — North America-based manufacturers of semiconductor equipment posted $2.42 billion in billings worldwide in March on a three-month average basis, says SEMI.
TABY, SWEDEN – Mycronic posted first quarter net sales up 11% year-over-year to $86.7 million.
GLENVIEW, IL – ITW’s test & measurement and electronics unit reported first quarter revenue of $543 million, up 13.1% year-over-year and down 0.4% sequentially. Operating income for the business unit was $127 million.
ORANGE, CA – TopLine has completed its move to a lab and production facility here for manufacturing CCGA solder columns and daisy chain test packages. The facility is eight times larger than the firm’s previous site.
RICHMOND, UK -- Volex is offering a stock-swap deal to acquire MC Electronics, a North-American based manufacturer of custom medical and industrial cables, wire harnesses and electro-mechanical assemblies for medical and industrial applications.