MANILA - Integrated Micro-Electronics is selling its entire 80% stake in UK-based electronics manufacturer STI Ltd. to a British private equity firm for GBP2.2 million ($2.8 million).

SIERADZ, POLAND -- Scanfil will invest EUR 20 million in a new 14,000m² electronics manufacturing factory here, which will be ready for production in in mid 2025.

STOCKHOLM -- Scanfil said revenue for the quarter ended Jun. 30 rose 14.3% year-over-year to EUR 243.3 million on higher demand in Energy & Cleantech and Connectivity segments.

OSIJEK, CROATIA -- Jabil today said it has begun construction on a production facility here.

PEACHTREE CITY, GA – The Printed Circuit Engineering Association (PCEA) today opened the show floor to all exhibitors for next year’s PCB East conference and exhibition. Any company that wants to exhibit at PCB East 2024 may now register.

BANNOCKBURN, IL – Current conditions have receded with Shipments Index, Orders Index, and Capacity Utilization Index all weakening in July, but at the same time, the outlook for shipments, orders, and utilization all improved per IPC’s July 2023 Global Sentiment of the Electronics Supply Chain Report.

SAN JOSE, CA – Sanmina saw revenue grow 9% year-on-year to total $2.21 billion in the third quarter of its fiscal year.

TEMPE, AZ – Benchmark Electronics' second-quarter sales of $733.2 million were a 0.7% increase compared to the $728 million in sales a year ago.

GLENVIEW, IL – ITW's Test & Measurement and Electronics segment reported $700 million in revenue in the second quarter, marking a 1.1% increase from the second quarter of 2022.

NEEDHAM, MA – Worldwide smartphone shipments declined 7.8% year over year to 265.3 million units in the second quarter, according to preliminary data from the IDC Worldwide Quarterly Mobile Phone Tracker.

BANNOCKBURN, IL – IPC and the Printed Circuit Board Association of America are calling on the US Department of Commerce to clarify its plans for bolstering the domestic development and fabrication of advanced printed circuit boards as a key part of the CHIPS for America program.

REDMOND, WA – Data I/O reported net sales of $7.4 million in the second quarter, up 55% compared with the $4.8 million in sales in the second quarter of 2022.