PATHUMTANI, THAILAND – SVI Public Co.'s board of directors has approved the creation of a subsidiary registered in China, with an initial investment of $100,000.

BILLINGSTAD, NORWAY – Kitron expects 2023 revenue between €750 million and €800 million ($815.8 million to $870.1 million), the company said in its latest guidance for the current year and full year 2024.

PEACHTREE CITY, GA – PCEA Training is offering three five-day training classes next year for printed circuit engineers, layout professionals, and other individuals currently serving in the design engineering industry or seeking to get into it.

STOCKHOLM – Note has announced new financial and sustainability targets for the coming years, with a goal to achieve sales of SEK7.5 billion ($716.6 million) by 2027.

TOKYO – Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach $100 billion in 2023, a contraction of 6.1% from the industry record of $107.4 billion posted in 2022, SEMI announced in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON Japan 2023.

BANGKOK – Cal-Comp Electronics reported sales of $414.7 million for November, a decrease of 8.9% from November of 2022.

WASHINGTON – BAE Systems' New Hampshire-based operations will receive a $35 million grant to quadruple its production of a chip used in F-15 and F-35 fighter jets in the first CHIPS Act funds to be distributed by the US Department of Commerce.

ELK GROVE VILLAGE, IL – SigmaTron International reported revenue of $98.7 million in the second quarter of its fiscal year, a decrease of 9% from the same quarter last year.

PEACHTREE CITY, GA – CIRCUITS ASSEMBLY Magazine today announced Green Circuits as its EMS Company of the Year for 2023.

TAIPEI – Foxconn reported November revenue of NT$650 billion ($20.6 billion), an increase of 18% compared to last year.

NEUILLY-PLAISANCE, FRANCE – Asteelflash's board of directors has appointed Nicolas Denis as its new chief executive officer, effective Dec. 1.

WASHINGTON – Seven microelectronics firms received nearly $10 million in combined funding to commercialize technologies of interest to the US military services as winners of the Defense Business Accelerator (DBX) Microelectronics Challenge. The initiative is funded by the Department of Defense (DoD) and led by the US Partnership for Assured Electronics (USPAE).