TAIPEI – Global DRAM revenue fell by 32.5% quarter-over-quarter to $12.28 billion, per TrendForce research. The fourth-quarter decline is larger than the QoQ decline of 28.8% for the third quarter and comes close to the QoQ decline of 36% for the final quarter of 2008, when the global economy was in the midst of a major financial crisis.

BANNOCKBURN, IL – Economic data over the last month is providing a mixed view of the economy, according to the IPC’s February Economic Outlook report.

NEEDHAM, MA – Shipments of smartphones will decline 1.1% in 2023 to 1.19 billion units, down from the previous forecast of 2.8% growth as the market continues to suffer from weak demand and ongoing macroeconomic challenges, according to the International Data Corporation's latest Worldwide Quarterly Mobile Phone Tracker forecast.

HONG KONG – ASMPT reported revenue of HK$4.33 billion ($553.1 million) for the fourth quarter, a decline of 5.1% from the previous quarter.

TAIPEI – Foxconn Technology Group has leased a 293-acre plot of land to build new smart warehouses in Zhengzhou, the same Chinese city where the company operates the world's largest iPhone plant.

REDMOND, WA – Data I/O announced net sales of $7.3 million in the fourth quarter, up 14% compared to the $6.4 million in sales in the fourth quarter of 2021.

BELLA VISTA, AUSTRALIA – Australian electronics manufacturer Circuitwise has enlisted E&P Corporate Advisory to search for a private equity backer to help fund growth and manage succession.

SINGAPORE – Kulicke and Soffa Industries has announced the acquisition of Advanced Jet Automation, including the material business and assets formerly owned by its affiliate, Samurai Spirit Inc., a Taiwanese developer and manufacturer of high-precision micro-dispensing equipment and solutions.

BANNOCKBURN, IL – North American EMS shipments were up 10.1% compared to the same month last year, and decreased 3.7% from December's total, according to the IPC's North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.35.

BANNOCKBURN, IL – North American PCB shipments were down 1.2% compared to the same month last year, and were dropped 21.7% compared to December, according to findings from the IPC's North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 0.94.

MIAMI – Element Solutions, the parent company of MacDermid Alpha, saw an 18% decrease in net sales for the fourth quarter to total $338 million, while full-year electronics sales saw a 1% increase to reach $1.6 billion.

HELSINKI – Incap Corporation announced that revenue for the fourth quarter amounted to €78.7 million ($83.7 million), an increase of 52.9% from 2021's fourth-quarter revenue of €51.4 million ($54.7 million).