BANNOCKBURN, IL – In recognition of her contributions to IPC and the electronics industry, Karen McConnell, Northrop Grumman, was presented with the IPC Raymond E. Pritchard Hall of Fame Award at IPC Apex Expo today.
LISLE, IL – According to a recent Molex survey of telecom carriers, 99% say end users will benefit from 5G within five years.
WASHINGTON – The US Department of Energy announced up to $52.5 million for DOE’s Industrial Assessment Centers that help American manufacturers and wastewater treatment facilities improve efficiency, save money, and reduce their carbon footprint. These university-based training programs also create a pipeline for students looking to join the growing clean energy economy.
CHENNAI, INDIA – Pegatron Technology India has leased a 420,000 sq. ft. industrial facility here for an undisclosed sum, according to reports.
ISTANBUL – Oppo has begun test production at its new smartphone assembly plant here, which is currently under construction, according to reports.
TEMPE, AZ – EMD Performance Materials has a new name in the US: EMD Electronics. EMD Electronics includes semiconductor materials, semiconductor delivery systems and services, display, and surface solutions.
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.