CHINO, CA –Desco Industries has acquired the assets of Easy Braid Company for an undisclosed sum.

CLINTON, NY – Indium has promoted Greg Evans to CEO and Ross Berntson to president and COO.

BANNOCKBURN, IL — Aegis and IPC are rolling out an open-source software toolkit that simplifies and expedites both CFX (connected factory exchange) data message creation and message communication from machine-to-machine and/or machine-to-broker in a CFX network.

TAIPEI – Foxconn Electronics reported consolidated revenues of $16.1 billion for October, up 2.9% year-over-year and 7.6% sequentially.

MIDDLESEX, UK – Ultra Electronics expects a delayed decision from the US Department of Justice on its $234 million purchase of Sparton, according to published reports.

PAKKRED, NONTHABURI, THAILAND -- SVI Public Co. reported third quarter consolidated revenue of $95 million, up 17% year-over-year.

SINGAPORE – China’s smartphone market was down 1% year-over-year in the third quarter, but the top five smartphone companies grew from 65.2% to 76% during the third quarter, compared to the same period last year, says IDC.  

SCHAUMBURG, IL – Sparton reported fiscal first quarter 2018 net sales of $82.8 million, a decrease of 17.5% year-over-year and 20.7% sequentially.

SINGAPORE – Jabil is launching its newest Blue Sky Innovation Center in Singapore.

CHICAGO -- Six EMS companies changed hands in the September quarter, one more than in 2017, according to new data from Lincoln International.

MINNEAPOLIS -- Nortech Systems today reported net sales of $28.3 million for the quarter ended Sept. 30, down 4.7% from a year ago.

SCOTTSDALE, AZ -- Automotive electronic system sales are forecast to rise by a compound annual growth rate of 5.4% from 2016 through 2021, the highest among six major end-use system categories, according to new data from IC Insights.