BENGALURU — Foxconn's founder-director Terry Gou warned China that the government's zero-COVID stance would threaten the position China's economy in the global supply chain, which played a major role in convincing the country's leadership to reopen the economy and move away from its zero-tolerance COVID-19 policy, the Wall Street Journal reported.

BILLINGSTAD, NORWAY — With strong demand and easing supply restraints, Kitron has raised its full-year 2022 revenue outlook to NOK 6.45-6.55 billion (US $645-655 million). Operating profit is expected to be between NOK 440-470 million ($44-47 million).

FOND DU LAC, WI — Parts cleaning system manufacturer Alliance Manufacturing has announced the acquisition of TDC (Technical Devices Company), a manufacturer of cleaning equipment for the electronics and printed circuit board industries based in Torrance, CA.

WASHINGTON — The Semiconductor Industry Association announced global semiconductor industry sales were $46.9 billion during the month of October 2022, a slight decrease of 0.3% compared to the September 2022 total of $47.0 billion and down 4.6% compared to the October 2021 total of $49.1 billion.

FONTENAY-AUX-ROSES, FRANCE — ICAPE Group, a global technology distributor of printed circuit boards, announced Monday that it has acquired 100% of the shares in the Sweden-based MMAB Group.

PEACHTREE CITY, GA — The Printed Circuit Engineering Association (PCEA) seeks abstracts for its annual PCB West technical conference coming in 2023.

STOCKHOLM — NOTE has signed an agreement to expand its plant in Norrtälje, Sweden by around 1,100 sq. m. to increase the facility's capacity and efficiency of its production.

WASHINGTON — The Semiconductor Industry Association (SIA) and the Boston Consulting Group (BCG) have released a report finding continued US leadership in semiconductor design – the critical and high-value-add mapping of a chip’s intricate circuitry – is essential to America’s sustained leadership in semiconductors and the many technologies they enable. The report, titled “The Growing Challenge of Semiconductor Design Leadership,” identifies three key challenges facing the US chip design sector and highlights opportunities to strengthen America’s position as a global semiconductor innovation and workforce leader.

MILPITAS, CA – Global semiconductor equipment billings rose 7% year-over-year to $28.75 billion in the third quarter, SEMI announced today.

ATLANTA — The ECIA’s Global Industry Practices Committee (GIPC) has published a document to update members on best practices as companies in the electronic components industry respond to the shifting political landscape regarding China tariffs.

AUSTIN, TX — TechSearch International's latest Advanced Packaging Update describes some of the thermal challenges facing the industry from mobile to high-performance computing. With increased power dissipation, companies are moving to higher performance thermal interface materials and adopting new cooling methods including liquid immersion.

MUMBAI — Tata Group is in talks with Wistron to acquire the Taipei-based corporation's facility in Karnataka, India, for up to 50 billion rupees ($612.6 million), according to a report by the Economic Times.