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).

WASHINGTON – Global semiconductor industry sales totaled $46.6 billion in October, an increase of 3.9% compared to September's total of $44.9 billion but 0.7% less than the October 2022 total of $46.9 billion, according to the Semiconductor Industry Association.

PEACHTREE CITY, GA – The deadline for submissions for the 2024 New Product Introduction (NPI) Awards for electronics assembly equipment, materials and software suppliers is December 15, said Printed Circuit Engineering Association (PCEA).

STOCKHOLM – Hanza will acquire all shares in Orbit One, a Swedish company that offers contract manufacturing of electronics and electromechanics.

Icape Group has acquired Bordan Electronic Consult, a German company specializing in tailored technical component distribution.

EINDHOVEN, NETHERLANDS – VDL Groep has announced the acquisition of Rena Electronica, a Dutch manufacturer of smart electronics and LED lighting.

CHENNAI, INDIA – Foxconn and Pegatron are among the companies that have suspended their manufacturing operations in the Indian state of Tamil Nadu due to cyclonic conditions.