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WASHINGTON – The 90-day moving average semiconductor sales reached $29.7 billion worldwide in November, up 9.1% year-over-year and down 0.1% sequentially, said the Semiconductor Industry Association.

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HYDERABAD, INDIA -- Cyient today announced an agreement to acquire a majority stake in EMS firm Rangsons Electronics for an undisclosed amount in cash.

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SINGAPORE -- Kulicke and Soffa Industries has entered into a definitive agreement to acquire a 100% equity stake of Assembléon for $98 million in cash.

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NORTH BILLERICA, MA -- EMS firm MC Assembly has signed a lease for nearly 60,000 sq. ft. of space at the Brookwood Business Center here.

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MCLEAN, VA -- Gladstone Capital has committed to invest up to $15 million through a combination of debt and equity to support a private investment in a US electronics manufacturing services company.

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TABY, SWEDEN -- Mycronic AB raised its financial outlook for full year revenue in 2014, saying sales from both its divisions are running ahead of plan.

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WASHINGTON -- New regulations for Military Electronics Category XI that go into effect next week will reportedly clarify ITAR controls on printed circuit boards, IPC says. 

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CHENNAI -- The intensity surrounding Foxconn's decision to close its manufacturing plant here ramped today as more than 500 workers reportedly tried to enter the site.

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MILPITAS, CA -- Lenthor Engineering has moved into a new 55,000 sq. ft., $16-million printed circuit board manfuacturing facility here.

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BANNOCKBURN, IL --  The 90-day moving average orders among North American PCB fabricators bookings increased 12.4% in November, IPC said today.

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LAGUNA, PHILIPPINES — Cirtek Holdings Philippines will raise $10 million via a corporate note issuance with plans to use the funds for future acquisitions. 

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TAIPEI -- In the face of criticism that it is ignoring humane treatment of its workers in order to meet Apple's demands, Pegatron, the world's second-largest EMS/ODM company, today issued a statement insisting that worker safety is its top priority.

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