TAIPEI, TAIWAN – Foxconn reported fourth quarter net profit of $2.5 billion, up 4.2% year-over-year.

AMSTERDAM – Ralph Tuttle of Cree will keynote SMTA Europe’s Electronics in Harsh Environments Conference here Apr. 25.

MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.41 billion in billings worldwide in February (three-month average basis), according to SEMI, up 22.2% year-over-year and 1.7% sequentially.

SYDNEY – Display technology developer 4D Systems has opened a new contract manufacturing facility in the Philippines.

HAMPSHIRE, UK – Connected clothing will become a $1 billion industry in 2020, the fastest growing wearables sector, growing at a 102% CAGR over the next two years, says Juniper Research.

TAIPEI -- A Foxconn subsidiary is acquiring Belkin for $866 million in cash.

BANNOCKBURN, IL -- IPC is warning that higher tariffs on electronics imported from China will increase costs to US businesses and consumers while not making a dent in the trade deficit.

TAIPEI, TAIWAN – The top three server DRAM suppliers are progressing toward the specification of 32GB RDIMM, and first quarter quotes offered by server DRAM suppliers will grow 4% sequentially to ensure sales by favorable prices.

SCOTTSDALE, AZ -- IC Insights raised its 2018 forecast for memory chips on the strength of average selling prices.

FRAMINGHAM, MA – Worldwide shipments of wearable devices is on track to grow 15.1% in 2018, totaling 132.9 million units over the course of the year, says the International Data Corp.

FRAMINGHAM, MA – Worldwide shipments for augmented reality (AR) and virtual reality (VR) headsets will grow to 68.9 million units in 2022, with a five-year CAGR of 52.5%, according to the International Data Corp.

WILTSHIRE, UK – Fabrinet UK now houses a Class 8 clean room at its SMT facility here.