COHOES, NY – PVA plans to relocate its Cohoes, NY, facility to a new global headquarters and production facility in Halfmoon, NY, effective Aug. 23.
JASPER, IN – Kimball Electronics posted fourth quarter net sales were $329.1 million, up 15% year-over-year.
HSINCHU, TAIWAN – Foxconn has purchased a 6" wafer fabrication plant here from Macronix International for NT$2.5 billion ($90.8 million), according to reports.
WASHINGTON — Worldwide semiconductor sales were $44.5 billion in June, an increase of 29.2% year-over-year and 2.1% sequentially, says the Semiconductor Industry Association.
SINGAPORE – Kulicke and Soffa Industries reported fiscal third quarter net revenue of $424.3 million, up 182% year-over-year and 24.7% sequentially.
ATLANTA – Electronic component market sales growth expectations continue to wane, according to the July ECIA survey.
AUSTIN, TX – Despite capacity increases this year, and additional plans through 2025, demand for FC-BGA substrates is outstripping supply, says TechSearch International. The gap between manufacturing demand and capacity will continue through 2025.
BANGALORE – A new Kurtz Ersa subsidiary here houses an equipped demo center with soldering systems and provides technology training and short-term realization of production lines.
SOUTHLAKE, TX – TestEquity acquired test and measurement company MCS Test for an undisclosed sum. The acquisition will enable TestEquity to expand its market to the UK.
SAN JOSE – Sanmina reported fiscal third quarter net sales of $1.66 billion, up 0.18% year-over-year. For the quarter ended Jul. 3, net income was $117.4 million, an increase of 161.5% compared to the same period last year. Operating income was $74.3 million, up 15.9%.
GARY, INDIANA – The city of Gary is suing Akyumen Technologies for failing to live up to its plans to build a smartphone manufacturing assembly plant here.