WASHINGTON – Global semiconductor industry sales totaled $555.9 billion in 2021, the highest ever annual total and an increase of 26.2% year-over-year, says the Semiconductor Industry Association.

AUSTIN, TX – The shortage of build-up substrates will increase this year, compared to 2021, and the gap between supply and demand will loom even larger in 2023, according to TechSearch International.

TANGXIA, CHINA – Production at Note’s plant in China has ceased temporarily, while the staff quarantines after a positive Covid-19 case.

SCOTTSDALE, AZ – Total semiconductor sales will rise 11% this year, following a 25% increase in 2021 and an 11% increase in 2020, according to a new report from IC Insights. If achieved, it would mark the first time since 1993-1995 that the semiconductor market has enjoyed three consecutive years of double-digit growth.

OSLO – Kitron reported fourth quarter revenue was NOK 949 million (US$107.8 million), down 4.3% year-over-year.

MINNEAPOLIS, MN – The SMTA is currently seeking student applications for the Charles Hutchins Educational Grant.

STOCKHOLM – Mycronic reported fourth quarter net sales increased 30% to SEK 1.3 billion (US$142.5 million). Based on constant exchange rates, net sales increased 27%.

SCHAUMBURG, IL – On Sept. 1, Bowman will formally open a new 20,000 sq. ft. global headquarters here.

JASPER, IN -- Kimball Electronics today announced net sales of $315.3 million for the second quarter ended Dec. 31, down 1.7% from a year ago.

PEACHTREE CITY, GA – The Printed Circuit Engineering Association (PCEA) today announced it has closed the acquisition of the functional assets of UP Media Group Inc., including its industry leading publications and trade shows.

ATLANTA – Axion BioSystems acquired printed electronics manufacturer M-Solv Manufacturing, a subsidiary of M-Solv Ltd.

TEMPE, AZ – Benchmark Electronics posted fourth quarter sales of $633 million, up 21.5% year-over-year and 10.7% sequentially.