DRESDEN GERMANY – Cicor Group completed its acquisition of SMT Elektronik, according to reports.

SAN JOSE – Sanmina Corp. reported fiscal second quarter net sales were $1.9 billion, an increase of 12.5% year-over-year.

BURSA, MALAYSIA – Cnergenz expects to raise RM58 million (US$13.3 million) from its upcoming initial public offering here, according to reports.

HAWTHORNE, CA – OSI Systems reported fiscal third quarter revenues of $290.5 million, an increase of 2.4% year-over-year.

ATLANTA – Overall electronic component sales sentiment for April beat expectations by more than 13 points, as the index measurement grew from 113.6 to 119.6, according to ECIA’s latest survey.

NEENAH, WI – Plexus Corp. saw fiscal second quarter revenue of $888.7 million, up 0.89% year-over-year and 8.7% sequentially.

TORONTO – Celestica’s first quarter revenue was $1.57 billion, growth of 27% year-over-year.

MIAMI – Element Solutions reported first quarter electronics net sales increased 21% year-over-year to $427 million. Organic net sales increased 8%.

PASADENA, CA – Continuing electronics supply chain challenges at the beginning of this quarter suggest there will only be pockets of relief through the remainder of 2022 and into 2023 for many commodities, according to new data from Supplyframe.

ARENDAL, NORWAY – Kitron today reported first quarter revenue was NOK 1.4 billion (US$153.1 million), up 52.3% year-over-year.

PENANG, MALAYSIA – Electronics manufacturer Escatec partnered with Zagreb, Croatia-based electronics design house Byte Lab. The deal enables Escatec to offer product development, design and prototyping services in Europe, while Byte Lab will be able to offer its customers manufacturing locations in Malaysia, Switzerland, the UK, the Czech Republic and the US.

TEMPE, AZ – Benchmark Electronics reported first quarter revenue of $636 million, up 25.7%% year-over-year and 0.47% sequentially.