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VANCOUVER -- Pacific Insight Electronics today obtained government approval for its shareholder meeting to approve its proposed acquisition by Methode Electronics.

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STAMFORD, CT – Global smartphone sales to end users totaled 366.2 million units in the second quarter of 2017, a 6.7% increase year-over-year, according to Gartner.

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ALBANY, NY – The global rugged electronics market was $9.4 billion in 2017 and is expected to rise to $17.46 billion by 2025, a CAGR of 8.1% for the forecast period, says Transparency Market Research.

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MILPITAS, CA — The 90-day moving average sales at North America-based semiconductor equipment manufacturers rose 32.8% year-over-year, according to the latest data from SEMI.

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TAIPEI -- Mitac Holdings today announced a definitive agreement to take an undisclosed stake in Infopower Technologies, an India-based fabricator and assembler.

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TOKYO -- Fujitsu plans to sell its mobile phone division in order to raise cash and focus on its automotive and semiconductor products.

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NORTHVALE, NJ -- ADM Tronics announced first fiscal quarter net income fell 82% year-over-year on a 17% drop in revenue.

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BANGKOK – Fabrinet reported fiscal fourth quarter revenue of $370.5 million, up 34% year-over-year.

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HERNDON, VA – iNEMI is hosting an Aug. 30 webinar on its Packaging and Component Substrates Roadmap. Bill Bottomsm, who chaired the committee that wrote the chapter, will lead the webinar.  

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TAIPEI -- Foxconn today said its planned campus in Wisconsin will house at least three factories for buiding high-end LCD panels.

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CHICAGO -- There were 5 EMS transactions in the second quarter, three of which involved consolidations, says an investment advisory group that tracks the industry.

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SMYRNA, GA – CIRCUITS ASSEMBLY opened its 2018 New Product Introduction Awards (NPI) for printed circuit board assembly.

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