WASHINGTON —The chief executive of the US Chamber of Commerce today expressed reservations over the failure to include sought-after intellectual property protections in the latest United States-Mexico-Canada trade agreement.
BANGKOK – Cal-Comp Electronics is reimbursing some 10,000 workers who were illegally charged recruitment fees, according to reports. The repayments could total an estimated $10 million.
ELK GROVE VILLAGE, IL – SigmaTron International reported fiscal second quarter revenues were $74.9 million, down 2.7% year-over-year.
MILPITAS, CA – Global semiconductor manufacturing equipment sales will drop 10.5% to $57.6 billion in 2019 but stage a 2020 recovery and set a new high in 2021, according to SEMI.
SHANGHAI – Seho Systems is establishing a subsidiary here to focus on the requirements of its Chinese customers.
BANNOCKBURN, IL – Growth is slowing worldwide for the electronics manufacturing industry, and the outlook is less optimistic than in previous quarters, although it is still generally positive, according to IPC.
BERLIN – Swissbit opened a €20 million manufacturing facility here, tripling its production capacity for highly integrated electronics.
FRAMINGHAM, MA – Worldwide smartphone ODM/EMS assembly shipment volumes increased 7.6% sequentially during the third quarter, with total shipments of 358 million units, according to IDC. The increase was largely the result of tier-one vendors moving quickly into lower-priced markets, the firm says.
FRANKFURT – The German semiconductor market will fall 12% to $13.4 billion in 2019, according to Stephan zur Verth, chairman of the Semiconductor Devices Division of ZVEI's Electronic Components and Systems Association.
FRAMINGHAM, MA – Vendor revenue in the worldwide server market declined 6.7% year-over-year to $22 billion during the third quarter, according to the International Data Corp., and worldwide server shipments declined 3% to 3.1 million units.
SCOTTSDALE, AZ – Topping the IC industry of fastest-growing products for 2020 is NAND flash, with DRAM in third place, says IC Insights.
SHANGHAI -- Universal Scientific Industrial, also known as Huanxu Electronics, has signed a preliminary letter of intent to acquire the parent company of AsteelFlash for an undisclosed amount.