MALAGA, SPAIN -- A subsidiary of Sky One France has acquired EMS provider Malaga Aerospace Defense & Electronics Systems SAU (MADES) from American Industrial Acquisition Corp. (AIAC).

MENTOR, OH ― Libra Industries anticipates year-over-year growth of more than 30% in 2022. The company has seen strong growth across all facilities and verticals and has expanded in the semiconductor sector.

ROCKVILLE, MD – The drone industry is predicted to develop at a CAGR of 25% between 2022 and 2032, reaching $279 billion, according to Fact.MR.

BANNOCKBURN, IL — Nine in 10 electronics manufacturers surveyed are currently experiencing rising material costs, while 86% of electronics manufacturers are concerned about inflation, according to new data from IPC.

OCEAN TOWNSHIP, NJ – PCB Technologies is launching a subsidiary to provide system-in-package solutions. Beginning in July, iNPACK will focus on high-end technology that contributes to improved signal integrity and reduces unwanted inductance effects.

ATLANTA – In May, all major electronic component categories achieved solid, positive sales sentiment, with semiconductors demonstrating the highest overall sentiment of 123.1 and passives coming in with the lowest average of 112.5, according to ECIA’s latest report.

MORRISVILLE, NC – iNEMI was awarded $290,865 from the National Institute of Standards and Technology's Advanced Manufacturing Technology Roadmap Program to develop a 5G/6G roadmap.

TAIPEI – Foxconn reported May revenue of NT$497.8 billion (US$16.9 billion), up 9.4% year-over-year and 2.3% sequentially, according to reports, the highest revenue for May in the company’s history.

SCOTTSDALE, AZ – Despite rampant inflation, soaring energy costs, ongoing glitches in supply chains, recent Covid-19 virus lockdowns in China, and Russia’s war with Ukraine, IC Insights continues to anticipate an 11% increase in total semiconductor sales this year, the same growth rate forecast in January.  The semiconductor market is expected to reach record-high sales of $680.7 billion in 2022.

NEEDHAM, MA – Shipments of smartphones will decline 3.5% to 1.31 billion units in 2022, according to International Data Corp. After three consecutive quarters of decline and increasing challenges in both supply and demand, IDC has significantly reduced its forecast for 2022 from the previous projection of 1.6% growth. However, IDC expects this to be a short-term setback as the market rebounds to achieve a five-year CAGR of 1.9% through 2026.

NEEDHAM, MA – Worldwide shipments of hardcopy peripherals decreased 12.3% year-over-year to 22.4 million units in the first quarter, according to International Data Corp.

MILPITAS, CA – Global semiconductor equipment billings grew 5% year-over-year to $24.7 billion in the first quarter, SEMI said. Sequential billings in the seasonally soft first quarter declined 10%.