NEW YORK – Electronic and electrical equipment sales were down 30% in low- and middle-income countries in the first three quarters of last year as a result of Covid-19, according to a new UN report. In high-income countries, sales were down 5% in the same period.

COHOES, NY – PVA received a patent for its optical bonding software in Europe. The patent is for the UK, France, Italy, Germany, Hungary, Portugal and Spain.

NEENAH, WI – Plexus this week reiterated it will be unable to meet its fiscal third quarter revenue guidance of $875 million to $915 million.

ATLANTA, GA – Lee Ritchey and Rick Hartley headline a stellar list of technical experts presenting at PCB West this fall, UP Media Group Inc. announced today. Their presentations are among the 40 presentations spanning 124 hours of classroom time and featuring several classes making their debuts at the annual trade show.

WASHINGTON – The costs and burdens of compliance with the Cybersecurity Maturity Model Certification (CMMC) may force some US electronics suppliers out of the Department of Defense’s supply chain, a new survey says.

TAIPEI – Foxconn reported record May consolidated revenue of NT$455 billion (US$16.4 billion), up 17.6% year-over-year, down 9.1% sequentially.

KUALA LUMPUR – EMS firm SKP Resources reported fiscal fourth quarter revenue of RM 444.9 million (US$107.8 million), up 4.4% year-over-year.

NEW DELHI – Lava International is planning to raise Rs 14 billion (US$192 million) to Rs 15 billion (US$205 million) via an initial public offering, according to reports.

MILPITAS, CA – First quarter global semiconductor equipment billings increased 51% year-over-year and 21% sequentially to $23.6 billion, SEMI said.

STOCKHOLM -- Note has acquired all shares in UK-based iPro Holdings, a box-build manufacturer of electronics-based products for greentech, medtech and industrial uses.

EINDHOVEN, NETHERLANDS – VDL Groep said it will be making a public offer for all issued and outstanding shares in the capital of EMS provider Neways Electronics. The public offer amounts to €13.00 per Neways share, payable in cash.

NEEDHAM, MA – The appetite for wearable devices remained strong in the first quarter even as volumes retreated from record fourth quarter levels.