IRVINE, CA – Infinite Electronics has been acquired by Warburg Pincus from Genstar Capital.

HAUPPAUGE, NY – Orbit International’s electronics group reported February orders in excess of $1.25 million.

OTTAWA – The global automotive electronics market will reach hit around $640.6 billion by 2030, growing at a 10-year compound average rate of 7.64%, according to new study by Precedence Research. Automotive electronics sales comprised nearly $256 billion in 2020, the market researchers said, boosted by demand for electric vehicles and their high electronics content.

TAIPEI – Foxconn expects first quarter revenue to grow more than 15% year-over-year, according to reports.

TAIPEI – Global DRAM revenue reached $17.7 billion in the fourth quarter, up 1.1% year-over-year, according to TrendForce.

FARNBOROUGH, UK – BAE Systems has acquired Pulse Power and Measurement for an undisclosed sum.

BANNOCKBURN, IL – As a final rule, the US Environmental Protection Agency is prohibiting the processing and distribution of phenol, isopropylated, phosphate (3:1) (PIP (3:1)) in electronics as of Mar. 8.

JOHOR, MALAYSIA – Contract manufacturer ATA IMS forecasts fiscal 2021 revenue growth of 30% and fiscal 2022 growth of 25%, according to reports. Fiscal 2022 revenue is expected to be RM1.5 billion (US$370.8 million). Revenue from contracts with customers other than the company’s main customer is anticipated to account to up 30% to 35% of total revenue for fiscal 2022.

BRONSCHHOFEN, SWITZERLAND – One Equity Partners has purchased HEB Swiss Investment's shares in EMS firm Cicor Technologies for an undisclosed sum.

EINDHOVEN, THE NETHERLANDS – Neways plans to lay off an additional 100 full-time employees as a result of a reorganization at the end of 2020, according to reports.

VIHN PHUC, VIETNAM – Valuetronics’ new EMS factory in Vietnam will be fully operational in the third quarter. The 550,000 sq. ft. site will house 60 injection molding lines and 30 SMT lines.

WASHINGTON – Global semiconductor sales were $40 billion for January, an increase of 13.2% year-over-year and 1% sequentially, according to the Semiconductor Industry Association.