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FRAMINGHAM, MA – Following a stronger than expected third quarter, the global smartphone market is expected to return to growth during the holiday quarter this year, according to International Data Corp.

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AUSTIN, TX – The market for high bandwidth memory is projected to grow 49% in wafers, including DRAM and logic layers, from 2020 to 2024, according to TechSearch International.

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SON, THE NETHERLANDS -- Neways Electronics will adjust its organizational structure and lay off around 250 workers in Germany in response to lower demand in key end-marker sectors.

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BANNOCKBURN, IL — North American printed circuit board fabricators saw the 90-day moving average shipments rise 3% year-over-year in October, IPC announced today.

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SINGAPORE -- Is Beyonics on the block? A report from Bloomberg today said the private equity firm that owns the contract electronics manufacturer is weighing its options for a sale, and has engaged Morgan Stanley to seek prospective buyers.

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KUALA LUMPUR, MALAYSIA – SKP Resources posted fiscal second quarter revenue of RM 726.3 million (US$177.6 million), an increase of 49.2% year-over-year.

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NEWARK, NY – IEC Electronics Corp. reported fiscal fourth quarter revenues of $46.4 million, an increase of 5.7% year-over-year.

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SINGAPORE – Kulicke and Soffa Industries reported fiscal fourth quarter net revenue of $177.7 million, up 27.1% year-over-year and 18.1% sequentially.

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QUANG NINH, VIETNAM – Foxconn made its first batch of display screens this week at its $26 million factory here, according to reports.

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HAIPHONG CITY, VIETNAM – EMS firm USI broke ground on a new 65,000 sq. m. facility here, with a planned investment of $200 million for phase one.

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HERTFORDSHIRE, UK – The gaming accessories market continues to climb, on track to achieve 21% volume growth in 2020, according to Futuresource Consulting.

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SANTA CLARA, CA – PDF Solutions has entered into a definitive agreement to acquire Cimetrix for a $35 million cash payment, net of cash on Cimetrix’s balance sheet as of closing, and subject to other closing adjustments, for all of the outstanding equity.

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