CHENNAI, INDIA – Pegatron Technology India has leased a 420,000 sq. ft. industrial facility here for an undisclosed sum, according to reports.

ISTANBUL – Oppo has begun test production at its new smartphone assembly plant here, which is currently under construction, according to reports.

TEMPE, AZ – EMD Performance Materials has a new name in the US: EMD Electronics. EMD Electronics includes semiconductor materials, semiconductor delivery systems and services, display, and surface solutions.

IRVINE, CA – Infinite Electronics has been acquired by Warburg Pincus from Genstar Capital.

HAUPPAUGE, NY – Orbit International’s electronics group reported February orders in excess of $1.25 million.

OTTAWA – The global automotive electronics market will reach hit around $640.6 billion by 2030, growing at a 10-year compound average rate of 7.64%, according to new study by Precedence Research. Automotive electronics sales comprised nearly $256 billion in 2020, the market researchers said, boosted by demand for electric vehicles and their high electronics content.

TAIPEI – Foxconn expects first quarter revenue to grow more than 15% year-over-year, according to reports.

TAIPEI – Global DRAM revenue reached $17.7 billion in the fourth quarter, up 1.1% year-over-year, according to TrendForce.

FARNBOROUGH, UK – BAE Systems has acquired Pulse Power and Measurement for an undisclosed sum.

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.