BILLINGSTAD, NORWAY – Kitron announced record revenue of €206.3 million ($230.8 million) for the second quarter, an increase of 31% compared to the second quarter of last year.

JUÁREZ, MEXICO – Kurtz Ersa has broken ground on a new production facility in Juárez, Mexico, to meet the growing demands of the North America market.

MUNICH – Katek SE announced that it has finalized the acquisition of Madison, AL-based electronics supplier Nextek. 

KLAGENFURT, AUSTRIA – CMS Electronics announced the expansion of its product portfolio with the establishment of a new subsidiary, PCBWhiz.

SAN FRANCISCO – Global sales of semiconductor manufacturing equipment by OEMs next year are forecast to bounce back from a projected contraction of 18.6% to $87.4 billion in 2023, SEMI announced in its Mid-Year Total Semiconductor Equipment Forecast. The expected 2024 recovery – to $100 billion – will be driven by both the front-end and back-end segments.

PEACHTREE CITY, GA – The Printed Circuit Engineering Association (PCEA) today opened the show floor to select exhibitors for next year’s PCB East conference and exhibition.

NEEDHAM, MA – Global PC shipments declined 13.4% year-on-year during the second quarter, according to preliminary results from IDC's Worldwide Quarterly Personal Computing Device Tracker.

BRUSSELS, BELGIUM – Key segments of the European electronics manufacturing industry face significant challenges and require more support, according to a new report from IPC. 

WASHINGTON – Global semiconductor industry sales totaled $40.7 billion in May, an increase of 1.7% compared to the previous month but 21.1% less than the May 2022 total of $51.7 billion, according to the Semiconductor Industry Association.

PORTO, PORTUGAL – Critical Manufacturing has announced an expansion into Mexico to help meet the growing demands of American manufacturing systems.

ADELAIDE, AUSTRALIA – Entech Electronics has announced factory expansions here and in Malaysia, where it is establishing for the first time.

TAIPEI – Foxconn announced a 13.8% year-on-year drop in second quarter revenue, but said the outlook for the third quarter was brighter ahead of peak shopping season at the end of the year.