ZHENGZHOU, CHINA — The situation here at Foxconn's iPhone assembly plant has reportedly grown tenuous over the day due to severe flooding in this central China city.

LYON, FRANCE -- “SiP has become synonymous with technologies ranging from high-end die-to-die chiplet-type advanced integration to devices found in mobile handsets with increased integration and functionality leveraging best-in-class advanced packaging processes.”

NEW YORK -- One Equity Partners today announced it has completed the acquisition of a 29% stake in Cicor Technologies, a Swiss provider of electronics manufacturing services, to become the company's largest shareholder.

DALLAS, TX – Six US universities established a research center to address protection of the security of semiconductors, PCBs, and other computer hardware, according to reports.

TAIPEI – Kinpo Electronics is deferring shipments for certain orders until the second half of the year due to ongoing materials shortages, according to reports sourced to the EMS company. The electronics manufacturer also temporarily suspended production at its facilities in Thailand because of Covid-19.

WESTWOOD, MA – Chase Corp. reported fiscal third quarter Adhesives, Sealants and Additives revenue was $33.9 million, up 47.7%, with $7.2 million from organic revenue growth.

KUALA LUMPUR – The heads of Sanichi Technology and PNE PCB proposed a takeover of PCB assembler BSL, according to reports. Sanichi managing director Datuk Seri Pang Chow Huat and PNE PCB executive director Ho Jien Shiung jointly proposed the acquisition.

PASADENA, CA – The worldwide shortage of semiconductors is expected to last for years amid increasing risk and supply constraints, according to Supplyframe. Significant shortages will continue through the first quarter of 2023 at a minimum.

STOCKHOLM – Mycronic reported second quarter net sales decreased 2% to SEK 1.06 billion (US$122.9 million). Based on constant exchange rates, net sales increased 6%.

MILPITAS, CA — Global sales of semiconductor manufacturing equipment by original equipment manufacturers are forecast to surpass $100 billion next year, a new high, after jumping 34% year-over-year to $95.3 billion in 2021, according to SEMI.

PERRYSBURG, OH – IMCO Group acquired EMT Electronics Manufacturing Technologies for up to NIS 7 million (US$2.14 million). NIS 4 million will be paid at closing, with an additional NIS 3 million subject to future profit.

CORPUS CHRISTI, TX – TT Electronics will close its film resister manufacturing facility here in August and lay off 73 employees, according to reports. The layoffs are scheduled to begin Aug. 16 and continue through Aug. 29.