BANNOCKBURN, IL – IPC today issued support for the 2021 National Defense Authorization Act (NDAA) provisions that would bolster the resiliency and security of the electronics manufacturing ecosystem, including PCB fabrication and PCBA.

ROCHESTER, NY - IEC Electronics Corp. has entered into an agreement to purchase an 86,000 sq. ft. facility here for an undisclosed sum.

SAN DIEGO – IPC will push its signature trade show back two months to March due to ongoing concerns with Covid-19.

CUPERTINO, CA – The US Patent and Trademark Office published a patent application from Apple that discusses the manufacture of smart fabrics with specialized equipment that could be used to form fabric with integrated electrical components, according to reports.

SCOTTSDALE, AZ – Total microprocessor sales are forecast to grow 1.4% in 2020 to nearly $79.3 billion, following a 2.4% decline in 2019, which was the first revenue drop in the worldwide MPU market in 10 years, according to IC Insights.  

FRAMINGHAM, MA – Vendor revenue in the worldwide server market grew 19.8% year-over-year to $24 billion during the second quarter, according to International Data Corp.

DUNKIRK, NY – EMS firm Gowanda REM-tronics will shutter its plant here Nov. 15, eliminating 69 jobs, according to reports.

MIAMI – Element Solutions increased its third quarter adjusted EBITDA expectation to at least $95 million, with second half 2020 adjusted EBITDA expected to be more than $185 million.

ELK GROVE VILLAGE, IL – SigmaTron International reported fiscal first quarter revenues decreased 18.2% year-over-year to $60.5 million.

TAIPEI – Foxconn reported revenue of NT$420.6 billion ($14.2 billion) in August, up 5.5% year-over-year and 4.3% sequentially.

MILPITAS, CA – Soaring pandemic-inspired demand for chips that power everything from communications and IT infrastructures to personal computing, gaming and healthcare electronics will drive an 8% increase in global fab equipment spending in 2020 and a 13% increase in 2021, according to SEMI. Rising demand for semiconductors for data center infrastructures and server storage, along with the buildup of safety stock as US-China trade tensions intensify, is also contributing to this year’s growth.

WASHINGTON – Worldwide sales of semiconductors were $35.2 billion in July, up 4.9% year-over-year and 2.1% sequentially, according to the Semiconductor Industry Association.