BANNOCKBURN, IL – Total North American EMS shipments in May were up 7.1% compared to the same month last year, according to IPC's monthly findings from its North American Electronics Manufacturing Services Statistical Program. Compared to the preceding month, May shipments decreased 5.2%.

HYDERABAD, INDIA – Cyient DLM's Rs 592 crore ($722 million) initial public offering will open for subscription on June 27 and close on June 30. The company has set a price band of Rs 250-265 ($3.05 to $3.23) per share.

MORRISVILLE, NC – The International Electronics Manufacturing Initiative (iNEMI) has announced the availability of three reports from the 5G/6G mmWave Materials and Electrical Test Technology Roadmap (5G/6G Maestro).

ATLANTA – ECIA’s Global Industry Practices Committee (GIPC) has published a ‘Knowledge Document’ to clarify and recommend practices to improve efficiencies in the electronic component sales channel. The document is entitled, ‘Managing Date Code Restrictions on Orders for Electronic Components’ and is now available on the ECIA website. The knowledge document was prepared as the result of a cooperative effort between electronic component manufacturers and their authorized distributors.

NEEDHAM, MA – After a rough start to the year, International Data Corporation has lowered its forecast for global PC and Tablet shipments with volumes expected to reach 384.8 million in 2023, down 15.2% compared to last year, according to the Worldwide Quarterly Personal Computing Device Tracker.

SONIPAT, INDIA – Ekkaa Electronics has announced plans to build a new factory in Noida, India, that will produce LED TVs and other consumer electronics products like washing machines, smartwatches and hearables.

SENAI, MALAYSIA – VS Industry reported revenue of MYR996.8 million (245.4 million) for the third quarter of its fiscal year, marking a 7.5% increase from the same quarter of last year.

ST. PETERSBURG,FL – Jabil announced revenue of $8.5 billion for the third quarter of its fiscal year, which includes an 8% year-over-year decline in its Electronics Manufacturing Services segment.

HERSTAL, BELGIUM – Firearm manufacturer FN Herstal recently invested in its own clean-room production line for Surface Mounted Devices to ensure availability for its own weapon systems, and is now offering production of components to third parties.

THAI BINH PROVINCE, VIETNAM – Compal Electronics has purchased a $30 million plot of land in Vietnam to build a new plant and expand production capacity.

TAIPEI – Trendforce reported that the global production volume of smartphones in the first quarter was only 250 million units – marking a 19.5% YoY decrease and a historic low in quarterly production since 2014.

WASHINGTON – Global semiconductor industry sales were $40 billion during in April, an increase of 0.3% compared to the previous month's total of $39.8 billion and 21.6% less than the April 2022 total of $50.9 billion, according to the Semiconductor Industry Association.