SURREY, ENGLAND – Electronics manufacturer DiscoverIE Group has completed the acquisition of Silver Telecom, a manufacturer of power-over-Ethernet modules.

NEEDHAM, MA – Worldwide smartphone shipments are forecast to decline 4.7% year over year to 1.15 billion units in 2023, the lowest volume in a decade, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker.

PEACHTREE CITY, GA – The exhibition floor is sold out for PCB West, the largest conference and exhibition for printed circuit board design, fabrication and assembly in the Silicon Valley, the Printed Circuit Engineering Association said today. It is the ninth time in 10 years all booths have been sold for the popular exhibition, PCEA added.

NEEDHAM, MA – The road to recovery for personal computers has been challenging coming off explosive years in 2020 and 2021, but signs of growth are finally returning. According to the International Data Corporation Worldwide Quarterly Personal Computing Device Tracker, PC shipments are forecast to grow 3.7% year over year in 2024 reaching 261.4 million shipments.

NEW YORK – EW Healthcare Partners has announced a platform investment in Enercon Technologies to become a majority shareholder in the business.

SAINT-HERBLAIN, FRANCE – Lacroix announced revenue of €193 million ($208 million) for the second quarter, an increase of 11.4% from the second quarter of 2022.

TAOYUAN CITY, TAIWAN – Taiwan Kong King Co. reported revenue for the first six months of 2023 was NT1.05 billion ($32.9 million).

SHENZHEN – Chinese automaker BYD's electronics unit has agreed to purchase Jabil's mobile electronics manufacturing business in China for 15.8 billion yuan ($2.2 billion).

KUALA LUMPUR – SKP Resources saw first-quarter revenues decline 22.3% to RM431.6 million ($93 million) from RM555.2 million ($119.7 million) in the same quarter of 2022.

KARNATAKA, INDIA – Kaynes Technology has signed an agreement with the Indian state of Karnataka in which the state government will invest Rs 3,750 crore ($435.9 million) for two Kaynes subsidiaries to set up a PCB manufacturing plant and a semiconductor assembly and testing (OSAT) facility.

HAWTHORNE, CA – OSI Systems' Optoelectronics and Manufacturing division reported revenue of $387.4 million for its 2023 fiscal year, an increase of 5.6% from fiscal year 2022.

TAIPEI – Taiwan-based server ODMs, including Quanta, Foxconn, Wistron (including Wiwynn), and Inventec, have set up production bases in countries like Thailand, Vietnam, and Malaysia, TrendForce reports, and it’s projected that by 2023, the production capacity from these regions will account for 23%, and by 2026, it will approach 50%.