PATHUMTANI, THAILAND – SVI Public Co. appointed Verne R. Mundell as acting president effective Jan. 5.

TAIPEI – Foxconn reported record-high 2021 consolidated sales of NT$5.9 trillion (US$214.9 billion), up 10.9% year-over-year.

ATLANTA -- East West Manufacturing has acquired certain operations of Compass Electronics Solutions, a provider of electronics manufacturing services, including advanced printed circuit board assemblies, box build assemblies, wire and cable harness assemblies, and new product introduction services. Terms weren't disclosed.

TOKYO -- The board of Harima Chemicals Group has approved a plan to acquire the solder materials business of Henkel for an undisclosed amount.

WASHINGTON – Global semiconductor sales were $49.7 billion in November, an increase of 23.5% year-over-year and 1.5% sequentially, says the Semiconductor Industry Association.

MT. LAUREL, NJ – inTEST Corp. completed its acquisition of Acculogic and its affiliates. The company previously announced it had entered into a definitive agreement to acquire Acculogic on Dec. 9 for approximately $9 million.

NEW YORK -- Crestview Partners has acquired Emerald EMS from New Water Capital for an undisclosed amount.

BANNOCKBURN, IL -- Materials and labor costs continue to be the largest issue facing the electronics supply chain, with nine in 10 electronics manufacturers reporting rising materials costs and more than three-fourths reporting rising labor costs.

JACKSONVILLE, IL – Foxhole Group, a private investment firm focused on the industrial sector, has partnered with J.J. and Sherri Richardson to recapitalize CCK Automations, a designer and manufacturer of printed circuit board assemblies, injection molded plastics and specialty machining.

BANNOCKBURN, IL — North American printed circuit board fabricators reported the 90-day moving average shipments edged up 5.4% over last year in November.

BANNOCKBURN, IL — November shipments among North American electronics manufacturing services rose 2.5% year-over-year, IPC announced.

MILPITAS, CA — North America-based semiconductor equipment manufacturers posted $3.93 billion in billings worldwide in November, according to SEMI, up 50.6% year-over-year and 5% sequentially.