CHICAGO, IL -- Methode Electronics has entered into a definitive agreement to acquire Pacific Insight Electronics for $114 million in an all-cash transaction.

SPOKANE VALLEY, WA -- Key Tronic announced fourth quarter fiscal year 2017 revenue of $118.5 million, down 4.4% from a year ago.

AUSTIN, TX – Austin American Technology named Todd Rountree president and chief operating officer, effective immediately.

LAGUNA, PHILIPPINES -- Cirtek Holdings has signed a $77-million deal to acquire base station antenna developer Quintel in a deal scheduled to close today.

MILWAUKEE -- Foxconn and Rockwell Automation today announced a collaboration to implement Connected Enterprise and Industrial Internet of Things (IIoT) concepts for smart manufacturing in Foxconn's new US facilities.

BANNOCKBURN, IL — Total North American printed circuit board orders in June increased 18.6% year-over-year, driving year-to-date order growth up to 1.7% above the same period last year, says IPC. Orders were up 26.5% sequentially.

MINNEAPOLIS- -- CyberOptics today reported second quarter sales fell 11.8% year-over-year but rose 38% sequentially.

TAIPEI – Kinpo Electronics plans to invest $30 million in its fourth plant in the Philippines, and is expected to double its workforce to 15,000 workers there, according to published reports.

MINNEAPOLIS, MN – Mike Bixenman of Kyzen won the Best of Presentation award at the 2017 International Conference on Soldering and Reliability (ICSR) for his presentation “Reliable Microelectronic Assembly Process Design Test Methods – A Non-Standard Approach.”

SINGAPORE – Flex posted net sales for the fiscal first quarter 2018 of just over $6 billion, up 2.2% year-over-year.

WASHINGTON – Today technology industry trade group ITI released a statement after congressional leadership and White House officials released their joint statement on tax reform:

TAIPEI – Today Foxconn announced plans to build a factory in southeastern Wisconsin. The multi-billion dollar facility will produce flat-screen displays, according to published reports.