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.
HONG KONG – ASM Pacific Technology reported fourth quarter SMT Solutions revenue of HK$1.93 billion (US$248.8 million), up 1.4% year-over-year and 10.4% sequentially.
DOWNERS GROVE, IL – Hirose Electric USA named Shinya (Sid) Tono president and COO, effective Apr. 1.
BANNOCKBURN, IL – The global economy continues to improve, in many ways recovering better than anticipated, according to a new report by IPC. Meanwhile, the electronics industry is looking at a prolonged recovery, says Shawn DuBravac, Ph.D., chief economist, IPC.
MARION, MA -- Polaris Contract Manufacturing, Lockheed Martin's contract electronics manufacturing arm, will close its site here as part of a corporate relocation.
KELSO, SCOTLAND -- Plexus is reportedly considering reducing headcount at its EMS plant here by 60 jobs, according to local reports.
ATLANTA, GA – UP Media Group today announced dates for its popular PCB2Day workshop series for spring 2021.