STAMFORD, CT – Worldwide semiconductor capital spending is projected to increase 10.2% in 2017 to $77.7 billion, according to Gartner.

WINDSOR, UK -- Speedboard Assembly Services reported revenue rose 12% year-over-year in its recently closed fiscal year.

TORONTO – SMTC reported fiscal second quarter revenue of $33 million, down 24.3% year-over-year and flat sequentially. The decline in revenue was primarily attributed to volume reductions from one customer.

JASPER, IN – Kimball Electronics reported fiscal fourth quarter net sales of $241.3 million, an increase of 9.5% year-over-year.

SINGAPORE – Kulicke and Soffa reported fiscal third quarter net revenue of $243.9 million, up 12.7% year-over-year and 22.2% sequentially.

ERIE, PA -- AccuSpec Electronics has changed its name to 4Front Solutions to better reflect the EMS firm's mission.

CHICAGO, IL -- Methode Electronics has entered into a definitive agreement to acquire Pacific Insight Electronics for $114 million in an all-cash transaction.

SPOKANE VALLEY, WA -- Key Tronic announced fourth quarter fiscal year 2017 revenue of $118.5 million, down 4.4% from a year ago.

AUSTIN, TX – Austin American Technology named Todd Rountree president and chief operating officer, effective immediately.

LAGUNA, PHILIPPINES -- Cirtek Holdings has signed a $77-million deal to acquire base station antenna developer Quintel in a deal scheduled to close today.

MILWAUKEE -- Foxconn and Rockwell Automation today announced a collaboration to implement Connected Enterprise and Industrial Internet of Things (IIoT) concepts for smart manufacturing in Foxconn's new US facilities.

BANNOCKBURN, IL — Total North American printed circuit board orders in June increased 18.6% year-over-year, driving year-to-date order growth up to 1.7% above the same period last year, says IPC. Orders were up 26.5% sequentially.