WASHINGTON DC – The US Department of Energy has announced $50 million in funding from the Bipartisan Infrastructure Law for states to accelerate the use of Smart Manufacturing technologies through providing access to tools and assistance.

SAN JOSE -- Despite a cyclical market downturn that took hold during the second half of 2022, global semiconductor sales reached an all-time high of $574 billion for the year, an increase of 3.3% over 2021 sales.

WALTHAM, MA -- Nano Dimension today announced audited consolidated revenues of $12.1 million for the fourth quarter ended Dec. 31, up 61% over 2021 up 21% sequentially.

ATLANTA - The most recent results of ECIA’s ECST survey show sales sentiment slipping slightly from the recent highs it hit in February. In the February survey participants had anticipated improving sales sentiment in March.

CHENNAI, INDIA -- Avalon Technologies, an Indian EMS provider, will go public next week with shares made available starting Apr. 3.

SAINT-HERBLAIN, FRANCE – Lacroix's €707.8 million ($767.2 million) in revenue for 2022 represented a 41.1% jump from 2021's total of €501.5 million ($543.6 million).

BANNOCKBURN, IL – The establishment of a pilot facility in the US for manufacturing IC substrates is a first step towards re-establishing semiconductor packaging within the United States, and the CHIPS and Science Act of 2022 can be used to jump start the effort, according to a white paper released by the IPC's Chief Technologist Council.

MOUNT PLEASANT, WI – Microsoft plans to build a $1 billion data center on a 315- acre plot of land currently owned by Foxconn in Mount Pleasant, WI.  

SAN FRANCISCO – Tempo Automation announced that it has entered into a definitive agreement to acquire Optimum Design Associates, an electronic design services company with offices in the United States and Australia.

ST. PETERSBURG, FL – Jabil has announced the construction of a new production facility in the Croatian city of Osijek.

WASHINGTON DC – President Joe Biden has authorized the use of the Defense Production Act to spur domestic and Canadian production of printed circuit boards, citing the technology's importance to national defense.

BANNOCKBURN, IL – Though overall industry sentiment is upbeat, around 58% of the respondents to IPC’s monthly Global Sentiment of the Electronics Supply Chain Report expect to raise prices in 2023, with an average of an 8% increase.