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GLENVIEW, IL – Illinois Tool Works reported third quarter test & measurement and electronics revenue of $489 million, down 4.5% year-over-year.

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TAIPEI – Compal Electronics and Cisco Systems have partnered to work in the 5G AIoT market and provide integrated network solutions, according to reports.

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BILLINGSTAD, NORWAY – Kitron reported third quarter revenue of nearly NOK 1.1 billion (US$114.6 milion), up 43% year-over-year. Growth was driven by medical devices and defense/aerospace and adjusted for currency effects was 35%.

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KEMPEN, GERMANY – The associations of the German electronics industry recommended a common certification, resulting in a new standard, which could be a breakthrough in the reassessment of soldering profiles.

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HERTFORDSHIRE, UK – Tin use contracted 5.4% in 2019 to 359,200 tonnes and is expected to decline a further 5.9% in 2020 because of the Covid-19 pandemic, according to the International Tin Association.

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STOCKHOLM – Note posted third quarter sales of SEK 433 million (US$49.2 million), down 0.23% year-over-year. Net income increased 27% to SEK 28 million, and operating profit was up 14% to SEK 36 million.

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WASHINGTON – The Semiconductor Industry Association and Semiconductor Research Corp. are calling for an annual $3.4 billion federal investment over the next decade to fund semiconductor R&D.

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BANNOCKBURN, IL – IPC this month released new revisions to the two primary standards for electronics assembly performance and qualification: IPC J-STD-001H, Requirements for Soldered Electrical and Electronic Assemblies and IPC-A-610H, Acceptability of Electronic Assemblies.

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KUALA LUMPUR – VS Industry has entered into agreements to acquire six tracts of land with industrial buildings in Malaysia for RM 98.8 million (US$24 million).

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BOSTON – Henkel Adhesive Technologies invested an undisclosed sum in Actnano, an advanced materials startup that provides conformal coatings.

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FRAMINGHAM, MA – The continuation of the global Covid-19 pandemic has led to double-digit growth in the traditional PC market, comprised of desktops, notebooks, and workstations, with global shipments up 14.6% year-over-year to 81.3 million units in the third quarter, according to International Data Corp.

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MADISON, WI — Today Wisconsin told Foxconn the firm won't qualify for billions in state tax credits unless it reaches a new deal involving the scaled-down factory the company now plans to build, according to reports.

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