NEENAH, WI – Plexus reported fiscal second quarter revenue of $881 million, up 14.8% year-over-year and 6.1% sequentially.

BILLINSTAD, NORWAY – Kitron reported first quarter revenue of NOK 938 million (US$112.5 million), up 7% year-over-year. Growth adjusted for foreign exchange effects in consolidation was 9%.

TAIPEI – TrendForce today raised its forecasts for DRAM price hikes for the second quarter to 18 to 23%, up from its prior estimate of 13 to 18%. Actual increase in prices of various DRAM product categories will depend on the production capacities allocated to the respective products by DRAM suppliers, the research firm noted.

DRESDEN, GERMANY – Fraunhofer IPMS began a research project in March to establish a platform for trusted electronic devices in Germany.

SON, THE NETHERLANDS – Neways Electronics reported first quarter revenue of €119.3 million (US$143.6 million), down 6.2% year-over-year and up 4.2% sequentially.

MADISON, WI — The State of Wisconsin has agreed to new terms for Foxconn, reducing the ODM’s tax breaks, say reports. Details were not immediately disclosed.

NEW DELHI – Broadband India Forum has approached the telecom department and the finance ministry in India seeking a reversal of a hike in import duties on components and PCBAs, saying the move will drive up the cost of making telecom products and may offset benefits of the production-linked incentive scheme.

STOCKHOLM – Note reported first quarter sales increased 6% year-over-year to SEK 502 million. Adjusted for currency effects, growth was 11%.

MUNICH – Katek, the second-largest German electronics manufacturing services provider, is preparing an initial public offering on the Frankfurt Stock Exchange in the second quarter of this year. The company expects proceeds of approximately €80 million, which will primarily be used for organic growth and acquisitions.

SAN DIEGO – The Electronics, Components and Technology Conference (ECTC), the international packaging conference, will again be virtual this year, running Jun. 1 through Jul. 4.

NARSAPURA, INDIA – Wistron has downgraded the roles of its head in India, as well as its operations head there, following violence at its Narsapura plant in December, according to an unnamed government source.

BRUSSELS – The electronics manufacturing industry accounted for €301 billion (US$360.4 billion) in production value in 2019 and directly impacted €3.8 trillion in European GDP, says IPC.