WASHINGTON — The Semiconductor Industry Association today welcomed recommendations agreed to by global semiconductor industry leaders at the 22nd annual meeting of the World Semiconductor Council (WSC) this week in San Diego. 

MILTON, NY -- Sono-Tek reported fiscal fourth quarter revenue of $2.8 million, up 13% from a year ago.

ALBANY, NY – The conformal coatings market for printed circuit boards is anticipated to expand at a CAGR of 5.6% from 2018 to 2026 to $14.4 billion, according to Transparency Market Research (TMR). That’s up from sales of $8.87 billion in 2017, the research firm said.

MILPITAS, CA -- Zytek EMS, a contract electronics assembler located here, is closing its factory and selling its assets at auction.

MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.69 billion in billings worldwide in April (three-month average basis), according to SEMI, up 26% year-over-year and 10.7% sequentially.

LAGUNA, PHILLIPPINES – Cirtek Holdings Philippines reported first quarter consolidated revenues of $25.9 million, an increase of 53% compared to the same quarter in 2017.

NANJING, CHINA – Foxconn plans to launch an R&D center here for about $720 million, according to reports.

HAMPSHIRE, UK – The annual sales of fully autonomous vehicles (AVs) in the US will reach 5 million by 2026, says Juniper Research. The global market will account for 20 million new AVs sold during the same year.

BANNOCKBURN, IL – IPC released additional test coupons for the IPC-2221B Gerber Coupon Generator, an annual subscription service for IPC member companies.

SEOUL -- Koh Young Technology reported first quarter revenue grew 13% year-over-year, boosted by a 20% increase in its 3-D AOI business.

HAIFA, ISRAEL – Green Point, the plastic and metal parts design and manufacturing division of Jabil, announced today the opening of its new 2,000 square meter Optics Technology Innovation Center here.

SCOTTSDALE, AZ – IC Insights has raised its expectations for 2018 capital spending by six percentage points to a 14% increase. If this occurs, it would be the first time semiconductor industry capital outlays exceeded $100 billion. The worldwide 2018 capital spending forecast figure is 53% higher than 2016 spending.