LONG ISLAND CITY, NY – Cemtrex today increased its planned reverse stock split to 8:1, from the previously announced 6:1 split.

TURNERSVILLE, NJ – CDM Electronics opened a 9,000 sq. ft. manufacturing and distribution center here.

TAIPEI – Foxconn said it plans to manufacture other electronics at its future Wisconsin site, in addition to the TVs and display panels originally planned.

MACAO, CHINA – Deswell Industries reported net sales for the fiscal year ended Mar. 31 were $66.6 million, up 9.7% compared to fiscal 2018.

MILPITAS, CA — Global fab equipment spending will rebound in 2020, growing 20% to $58.4 billion after dropping 19% to $48.4 billion in 2019, according to SEMI.

TAIPEI – Foxconn reportedly has sufficient capacity outside China to meet Apple’s demand in the American market, according to a new report from Reuters. Moving production could come into play due to fallout from the US-China trade war.

FRAMINGHAM, MA – Vendor revenue in the worldwide enterprise storage systems market decreased 0.6% year-over-year in the first quarter, IDC said.

NEWARK, NY – IEC Electronics has broken ground on a $22 million facility here.

BILLINGSTAD, NORWAY – Kitron chief executive Peter Nilsson is expected to resume his duties on Sept. 30 after an extended medical leave that was originally expected to end after June.

MORRISVILLE, NC – iNEMI is offering two free webinars on July 9 to provide survey results of the New Package Technology Qualification Methodology project.

WASHINGTON — The 90-day moving average sales of semiconductors worldwide fell 14.6% in April, the Semiconductor Industry Association (SIA) said.

MILPITAS, CA — Worldwide semiconductor manufacturing equipment billings for the first quarter dropped 19% year-over-year, says SEMI. Sales were down 8% sequentially to $13.8 billion, the trade group added.