SINGAPORE – A private equity firm is acquiring EMS firm PCI in an all-cash offer of $150 million, according to reports.

WESTWOOD, MA – Chase Corp. reported fiscal first quarter revenue of $72.5 million, up 17% year-over-year.

FRAMINGHAM, MA – Worldwide spending on the Internet of Things (IoT) is forecast to reach $745 billion in 2019, an increase of 15.4% over 2018, according to International Data Corp. IDC expects worldwide IoT spending will maintain a double-digit annual growth rate throughout the 2017-2022 forecast period and surpass the $1 trillion mark in 2022.

LOS ANGELES – The global automotive electronics market is anticipated to record a market size of around $430.1 billion by 2026, growing at a 9% CAGR, according to Acumen Research and Consulting.

LONG ISLAND CITY, NY – Cemtrex reported fiscal 2018 net sales were $89.9 million, down 25% year-over-year.

WASHINGTON – Worldwide sales of semiconductors reached $41.4 billion in November, up 9.8% year-over-year and down 1.1% sequentially, says the Semiconductor Industry Association.

BANGKOK -- Kinpo Electronics is set for major expansions of its existing factories in Thailand and the Philippines, driven in part by customers looking to move production from China to avoid the US-China tariffs.

BILLINGSTAD, NORWAY -- Kitron president and chief executive officer Peter Nilsson will take a leave of absence as he undergoes treatment for cancer, the EMS company announced today.

NARASAPURA, INDIA -- Wistron will invest $431 million in new facilities in India as it migrates more electronics production there, the company said in a stock exchange filing.

SPOKANE VALLEY, WA -- Key Tronic has signed a letter of intent to lease a new 86,000 sq. ft. facility in Da Nang, Vietnam. 

MINNEAPOLIS -- Nortech Systems today announced Jay D. Miller will become interim president effective Jan. 1, replacing the retiring Rich Wasielewski.

BANNOCKBURN, IL — The 90-day moving average orders at North American printed circuit board fabricators in November fell 12.5% year-over-year and 16.6% from October, IPC said.