WASHINGTON – The Department of Defense is proposing to amend its acquisition rules to update the policy and procedures for use of its supplier risk analysis system.

LAGUNA, PHILIPPINES – Cirtek Holdings Philippines has reissued P545.2 million (US$11.4 million) worth of bonds to refinance its short-term debt and support the capital spending of its US-based unit, Quintel USA, according to reports.

TAIPEI – Consumer DRAM has the strongest demand momentum, as its sequential price decline in the fourth quarter this year is expected to narrow to within 5%, says TrendForce.

ATLANTA -- East West Manufacturing today announced the acquisition of Universal Electronics in a deal between privately held contract electronics manufacturers.

FRAMINGHAM, MA – The first half of 2020 has seen a resurgence in the PC and tablet markets, and demand continues to outpace supply, says International Data Corp. Demand is largely driven by work-from-home and at-home education needs, as well as entertainment purposes. Therefore, IDC expects the personal computing devices market, including traditional PCs, tablets, and workstations, will grow 3.3% year-over-year in 2020, with shipment volumes reaching 425.7 million units.

AUSTIN, TX – The fan-out wafer level package (FO-WLP) market is projected to grow 15.5% in units from 2020 to 2024, according to TechSearch International.

WAYNESBORO, VA – EMS firm Virtex said it is creating 40 to 50 new manufacturing jobs here, according to reports.

SUNNYVALE, CA – Covalent Metrology acquired Riga Analytical Lab for an undisclosed sum, effective immediately.

OLDENBURG, GERMANY – Straschu plans to close its contract assembly plant here at the end of November, according to local news media.

FRAMINGHAM, MA – The worldwide smartphone market is forecast to decline 9.5% year-over-year in 2020, with shipments totaling 1.2 billion units, according to International Data Corp.

SON, THE NETHERLANDS – Neways Electronics reported net revenue of €243 million (US$289.1 million) for the first half of 2020, down 8.1% year-over-year.

NEVADA CITY, CA – The worldwide electronics assembly market consisted of approximately $1.3 trillion in terms of cost of goods sold as of 2019, says New Venture Research.