KAUNAS, LITHUANIA – Kitron received a new order from Husqvarna Group for an undisclosed sum.

DUBLIN – The 2016 global surface mount technology equipment market is estimated at $3.26 billion and is expected to reach $6.21 billion by 2023, growing at a CAGR of 9.6%, according to Research and Markets.

PRADESH, INDIA – Electronics manufacturer Dixon Technologies reported revenue from operations for the July to September quarter of Rs 881.1 crore (US$136.6 million), up 17.2% year-over-year.

SINGAPORE – Kulicke and Soffa Industries reported fiscal fourth quarter net revenue of $215.9 million, up 48.1% year-over-year and down 11.5% sequentially.

LOUISVILLE, KY – Sypris Electronics reported third quarter revenue of $7.8 million, up 18.2% year-over-year.

CHINO, CA –Desco Industries has acquired the assets of Easy Braid Company for an undisclosed sum.

CLINTON, NY – Indium has promoted Greg Evans to CEO and Ross Berntson to president and COO.

BANNOCKBURN, IL — Aegis and IPC are rolling out an open-source software toolkit that simplifies and expedites both CFX (connected factory exchange) data message creation and message communication from machine-to-machine and/or machine-to-broker in a CFX network.

TAIPEI – Foxconn Electronics reported consolidated revenues of $16.1 billion for October, up 2.9% year-over-year and 7.6% sequentially.

MIDDLESEX, UK – Ultra Electronics expects a delayed decision from the US Department of Justice on its $234 million purchase of Sparton, according to published reports.

PAKKRED, NONTHABURI, THAILAND -- SVI Public Co. reported third quarter consolidated revenue of $95 million, up 17% year-over-year.

SINGAPORE – China’s smartphone market was down 1% year-over-year in the third quarter, but the top five smartphone companies grew from 65.2% to 76% during the third quarter, compared to the same period last year, says IDC.