MILPITAS, CA – Worldwide sales of semiconductor manufacturing equipment edged down 1.3% to $106.3 billion in 2023 from an all-time record of $107.6 billion in 2022, SEMI reported in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) report.

COLORADO SPRINGS, CO – Spectrum Advanced Manufacturing Technologies has received $1.3 million in tax credits from the Colorado Economic Development Commission to expand its operations here and add up to 101 new jobs.

MCLEAN, VA – Orders of manufacturing technology totaled $343.3 million in February, marking a 2.1% increase from January but a 26.5% decline from February 2023, the Association For Manufacturing Technology announced in its US Manufacturing Technology Orders Report.

NEEDHAM, MA – After two years of decline, the worldwide traditional PC market returned to growth during the first quarter with 59.8 million shipments, growing 1.5% year over year, according to preliminary results from IDC's Worldwide Quarterly Personal Computing Device Tracker.

SINGAPORE – ASMPT reported full-year revenue of HK$14.7 billion ($1.9 billion), down 24% from 2022.

ATLANTA – Optimism continues to improve in the electronic components supply chain as overall sentiment rose to 106.9 in the latest results from ECIA’s Electronic Component Sales Trend Survey.

BANNOCKBURN, IL – IPC has announced the release of "J" revisions for two standards often used together for the manufacture of electronic assemblies.

CHENNAI – Pegatron is reportedly in advanced talks to sell its lone Indian iPhone manufacturing facility to the Tata Group.

ATLANTA — ECIA’s Global Industry Practices Committee (GIPC) will host a webinar on compliance issues related to PFAS on April 24. Experts from Claigan Environmental, a PFAS compliance consultancy, will explain the implications of recent legislation in the US.

CHENNAI – International Finance Corporation is weighing a potential $150 million investment into the India subsidiary of Salcomp, a Finnish electronics manufacturing services company.

NEW DELHI – Dixon Technologies is reportedly in talks to acquire a majority stake in Transsion Holdings' Indian unit as it looks to strengthen its presence in India's smartphone market.

HAUPPAUGE, NY – Orbic Electronics, through its affiliate Ashi Properties, has purchased a 27,000 sq. ft. building and and three acres of land here for $6.6 million as part of its plan to move manufacturing from China to the US.