LOUISVILLE, KY – Sypris Electronics reported first quarter revenue was $9 million, an increase of 32.4% year-over-year.

KUALA LUMPUR – Kobay Technology posted revenue rose 184.1% year-over-year and 7.8% sequentially to RM100.1 million (US$22.8 million) in the fiscal third quarter.

HONG KONG – VTech Holdings reported flat fiscal 2022 revenue of $2.37 billion. Higher sales in North America were insufficient to offset lower sales in Europe, Asia Pacific and other regions.

MILPITAS, CA — SEMI and the UCLA Center for Heterogeneous Integration and Performance Scaling (UCLA CHIPS) won a $300,000 grant from the US Department of Commerce’s National Institute of Standards and Technology (NIST) to produce a roadmap for advancing heterogeneous integration and advanced packaging technologies in the US.

VEJLE, DENMARK – Electronics manufacturer GPV reported record first quarter revenue of more than DKK 1 billion (US$143 million), up 36.2% year-over-year.

TVER, RUSSIA – Jabil shut down operations at its site here, notifying some 90 Russian staff, according to reports.

TAIPEI – Foxconn will no longer send a representative to sit on the board of Innolux, according to reports.

AUSTIN, TX – 2021 was a record year for the semiconductor industry and OSAT revenues, but the outlook for 2022 is less certain, according to new data from TechSearch International.

PATHUMTANI, THAILAND – SVI Public Co. posted first quarter consolidated sales of THB 5.7 billion (US$165.2 million), an increase of 65.2% year-over-year and 0.4% sequentially.

WAYZATA, MN – Nortech Systems reported first quarter net sales were $30.7 million, up 38.9% year-over-year, driven primarily due to higher production volume, as well as price increases to counteract higher material and labor cost. The company says it has scaled the direct labor workforce and strengthened the supply chain for parts.

SAINT-HERBLAINE, FRANCE – Lacroix Group reported Electronics segment first quarter revenue of €122.1 million, up 41% year-over-year.

SANTA CLARA, CA – Henkel opened an application center here designed to support product development for the company’s high-tech customers in the Silicon Valley region. The facility will help expedite proof-of-concept initiatives for electronics advances.