ATLANTA – Prime Technological Services has acquired TeligentEMS for an undisclosed sum.

VINH PHUC PROVINCE, VIETNAM – Compal Electronics is planning a second plant in Vietnam, with its first reaching full capacity around the second quarter of this year.

SCOTTSDALE, AZ – The correlation coefficient between worldwide GDP growth and IC market growth over the past decade was 0.85 (0.96 excluding the memory market in 2017 and 2018), a strong figure given a perfect positive correlation is 1.0, says IC Insights.

TIANJIN, CHINA – The government of Tianjin is discussing the sale of two firms to TCL Corp., according to reports.

STAMFORD, CT – Worldwide IT spending is projected to total $3.9 trillion in 2020, an increase of 3.4% from 2019, according to Gartner. Global IT spending is expected to cross into $4 trillion territory next year.

STAMFORD, CT – Worldwide semiconductor revenue totaled $418.3 billion in 2019, down 11.9% from 2018 on a slump in memory demand, according to Gartner.

TAIWAN – Foxconn and Fiat Chrysler are joining to make electric vehicles for the Chinese market, according to reports.

WASHINGTON – “The electronics manufacturing industry applauds the US Senate for approving the US-Mexico-Canada Agreement (USMCA) with broad bipartisan support,” said president and CEO John Mitchell, IPC.

MILTON, NY – Sono-Tek reported fiscal third quarter 2020 sales of $3.67 million, up 16% year-over-year.

ATLANTA, GA – UP Media Group Inc. seeks abstracts for PCB West 2020, to be held September 8-11, 2020, in Santa Clara, CA. The event includes a four-day technical conference and one-day exhibition to be held at the Santa Clara (CA) Convention Center.

BANNOCKBURN, IL – IPC welcomes today’s signing of phase one of the US-China trade deal.

FRAMINGHAM, MA – The worldwide market for traditional PCs, inclusive of desktops, notebooks, and workstations, finished the fourth quarter up 4.8% year-over-year, according to International Data Corp.