ST. GALLEN, SWITZERLAND – End-of-life printed circuit boards, certain magnets in disc drives and electric vehicles, EV and other special battery types, and fluorescent lamps are among several electrical and electronic products containing critical raw materials, the recycling of which should be made law, says a new UN-backed report funded by the EU.
PETALING JAYA, MALAYSIA – In the first quarter, ViTrox revenue and core profit rose 44% and 46% year-over-year, respectively, resulting in the company recording its highest ever first-quarter sales.
TURGI, SWITZERLAND -- After six weeks of consultations with employee unions, Enics has confirmed plans transfer manufacturing from its electronics manufacturing plant here to other factories in Europe, a move that will affect up to 110 workers.
NEWARK, NY -- IEC Electronics has opened its state-of-the-art manufacturing facility at the Silver Hill Technology Park here.
WEIHAI, CHINA – HP signed an agreement to sell Foxconn its laser printer manufacturing subsidiary here, according to reports.
TUMKUR, INDIA – Incap plans to invest €4.2 million (US$5.1 million) in a third EMS factory at its site in India. Construction will begin in the third quarter, with production estimated to begin in the second quarter of 2022.
SAN MATEO, CA – Worldwide semiconductor revenue grew to $464 billion in 2020, an increase of 10.8% compared to 2019, according to International Data Corp.
HELSINKI -- Incap Group president and CEO Otto Pukk discusses first quarter results and gives updates on the EMS company's India plant.
TEMPE, AZ – Amtech Systems reported second quarter net revenue of $19.8 million, up 37% year-over-year and 10% sequentially. The sequential increase was primarily attributed to strong shipments of advanced packaging and SMT equipment.
SINGAPORE – Kulicke & Soffa Industries reported second quarter net revenue of $340.2 million, up 125.7% year-over-year and 27% sequentially.
ROHRBACH, GERMANY -- SERO GmbH has acquired Solid Semecs BV in a deal that was consummated on Apr. 30 but is retroactive effect to Jan. 1.
WASHINGTON – The US Department of Energy announced up to $3 million in funding for high-performance computing resources that can help manufacturers streamline their processes, increase their productivity, and shrink their carbon footprint.