MILPITAS, CA – 300mm fab equipment spending will slowly recover in 2020 after the 2019 downturn and take off in 2021 to log a new record topping $60 billion, says SEMI.

WASHINGTON — The 90-day moving average sales of semiconductors worldwide were $33.4 billion in July, up 1.7% sequentially.

JOHOR DARUL TAKZIM, MALAYSIA – SKP Resources reported fiscal first quarter revenue down 16% year-over-year to RM362.5 million (US$87 million) on lower contributions from conventional electrical appliances due to a key customer’s shift to an evolutionary model. Sequentially, revenue was up 2%.

SUN PRAIRIE, WI – Pro-Active Engineering has acquired design engineering firm Apex Embedded Systems for an undisclosed sum.

SON, THE NETHERLANDS – Neways Electronics International reported net revenue up 7.1% to €264.5 million (US$291 million) for the first half of 2019.

SINGAPORE -- ASM Pacific Technology reported second quarter revenue at its SMT Solutions unit were $197.5 million, down 10.3% from the first quarter and down 15.1% from a year ago.

MINNEAPOLIS, MN – The SMTA has elected its board of directors for the term beginning Sept. 22.

BANNOCKBURN, IL – IPC submitted comments this week to the US Department of Labor concerning their proposal to establish a process for recognizing standards recognition entities, which in turn would recognize industry-recognized apprenticeship programs.  

BANNOCKBURN, IL — North American PCB shipments fell 5.3% year-over-year in July and plunged 23.1% sequentially, IPC's monthly survey of fabricators revealed.

HAWTHORNE, CA – OSI Systems reported fiscal fourth quarter revenues of $308.4 million, an increase of 7% year-over-year.

MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.03 billion in billings worldwide in July, down 14.5% year-over-year and up 0.4% sequentially, according to SEMI.

HAUPPAUGE, NY – Orbit International has purchased the assets of Q-Vio, developer of LCD display modules.