FARMINGDALE, NY -- Cemtrex today announced a revised exchange offer to acquire Key Tronic, increasing its bid to one $10 4% debenture due 2024 and one-third share of Cemtrex common stock.
OCEAN VIEW, DE – The medical electronics market is poised to surpass $148 billion by 2024, up 12%, says Global Market Insights.
TABY, SWEDEN – Mycronic reported third quarter net sales of $59.5 million, down 2.6% year-over-year.
MADISON, WI -- A key Wisconsin agency is delaying a vote on a $3 billion incentive package for Foxconn over concerns of how the deal is worded.
SCOTTSDALE, AZ – Benchmark Electronics reported third quarter net sales of $604 million, up 5.2% year-over-year and down 2.1% sequentially.
PARIS – Catherine Cardinal-Simon from Thales Microelectronic won the IPC Hand Soldering Competition at IFTEC, taking home a cash prize of €300 and a JBC soldering station. She earned 443 points out of a possible 446.
TAIPEI – Foxconn and IDG Capital plan to raise $1.5 billion to seed startups in automotive technologies from self-driving AI to battery development, according to published reports.
BANNOCKBURN, IL – A new report by IPC reveals cycles in demand for PCB prototypes that often differ from demand trends in regular or volume-production PCB sales.
SOUTHLAKE, TX – A private equity firm has acquired local EMS company VirTex Enterprises, it was announced today.
WASHINGTON -- The US Patent Office has awarded Battelle Memorial Institute a patent for a method to distinguish fake electronic components from real ones.
HERTFORDSHIRE, UK – Worldwide consumer electronics sales grew 0.3% in 2016 to reach $673 billion, on track to achieve 1.7% CAGR through 2021, according to Futuresource Consulting.