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TAIPEI – Foxconn Technology Group has leased a 293-acre plot of land to build new smart warehouses in Zhengzhou, the same Chinese city where the company operates the world's largest iPhone plant.

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REDMOND, WA – Data I/O announced net sales of $7.3 million in the fourth quarter, up 14% compared to the $6.4 million in sales in the fourth quarter of 2021.

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BELLA VISTA, AUSTRALIA – Australian electronics manufacturer Circuitwise has enlisted E&P Corporate Advisory to search for a private equity backer to help fund growth and manage succession.

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SINGAPORE – Kulicke and Soffa Industries has announced the acquisition of Advanced Jet Automation, including the material business and assets formerly owned by its affiliate, Samurai Spirit Inc., a Taiwanese developer and manufacturer of high-precision micro-dispensing equipment and solutions.

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BANNOCKBURN, IL – North American EMS shipments were up 10.1% compared to the same month last year, and decreased 3.7% from December's total, according to the IPC's North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.35.

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BANNOCKBURN, IL – North American PCB shipments were down 1.2% compared to the same month last year, and were dropped 21.7% compared to December, according to findings from the IPC's North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 0.94.

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MIAMI – Element Solutions, the parent company of MacDermid Alpha, saw an 18% decrease in net sales for the fourth quarter to total $338 million, while full-year electronics sales saw a 1% increase to reach $1.6 billion.

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HELSINKI – Incap Corporation announced that revenue for the fourth quarter amounted to €78.7 million ($83.7 million), an increase of 52.9% from 2021's fourth-quarter revenue of €51.4 million ($54.7 million).

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OULU, FINLAND – Scanfil reported turnover of €222.3 million ($237.6 million) for the fourth quarter, an increase of 15.9% from the €191.7 million ($204 million) reported for the same quarter in 2021.

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PASADENA, CA – Excluding memory devices, 85% of semiconductor pricing dimensions will be stable and the remainder will move squarely in favor of buyers for the second half of 2023, according to Supplyframe's latest Commodity IQ insights. The report also indicates that extended lead times for semiconductors, including programmable logic devices and passive components like automotive-specific resistors, will continue into the second half of the year.

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WESTLAKE, OH – Nordson Corporation announced sales of $610 million in the first quarter of its fiscal year, a small increase from last year's first quarter sales of $609 million.

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CHICAGO – Despite economic pressures, the EMS industry demonstrated increased deal activity and resilience during the fourth quarter of 2022, and the year as a whole saw one fewer transaction than in 2021, according to data gathered by Lincoln International. 

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