REDMOND, WA – Data I/O Corp. reported first quarter net sales of $4.8 million, down 21.3% year-over-year. The year-over-year decline in sales reflects the cyclical downtrend in the industry, reduced demand resulting from international trade and geopolitical issues, and the onset of the Covid-19 pandemic, which negatively impacted automotive and industrial market production.

HAWTHORNE, CA – OSI Systems reported fiscal third quarter revenues of $292.9 million, down 3.7% year-over-year.

SANTA ANA, CA – Ducommun reported first quarter Electronic Systems net revenue of $98.1 million, up 16.5% year-over-year.

SCOTTSDALE, AZ – Before the global pandemic took hold in the first quarter, IC Insights was forecasting a 14% increase in the total memory market in 2020. The total memory market in 2020 is now expected to be flat with 2019.

BANNOCKBURN, IL — Total North American PCB orders for March increased 10.1% year-over-year and 8.7% sequentially, says IPC.

FORT LAUDERDALE, FL – Element Solutions reported electronics net sales increased 1% to $269 million. Organic net sales decreased 2%.

FORT LAUDERDALE, FL – Element Solutions announced the retirement of Scot R. Benson from his current role as president and COO, effective June 15. Benson will continue to serve as a member of the board.

CHICAGO -- Contract electronics manufacturing facilities in China are back to operating at 90% or more of planned capacity, but remain challenged by new approaches to coordinating personnel amid social distancing requirements.

MORRISVILLE, PA – Mitsubishi Chemical America has entered into a definitive agreement to acquire all issued and outstanding shares of Gelest Intermediate Holdings. Completion of the transaction is expected in 2020, pending customary regulatory review and approval.

FRAMINGHAM, MA – The ongoing Covid-19 pandemic furthered the decline of the worldwide tablet market as global shipments fell to 24.6 million units, down 19.6% year-over-year during the first quarter, according to International Data Corp.

SINGAPORE – Kulicke and Soffa Industries reported fiscal second quarter revenue of $150.7 million, up 30% year-over-year and 4.4% sequentially.

TEMPE, AZ – Benchmark Electronics reported first quarter sales of $515 million, down 15% year-over-year and up 1.4% sequentially.