WOKING, UK – TT Electronics has appointed Peter France as its new CEO to succeed Richard Tyson following the announcement made earlier this year of Tyson's departure.

CLINTON, NY – After partnering with the company last year to develop a supercooled liquid metal solder paste, Indium Corp. has announced the acquisition of Safi-Tech.

ST. PETERSBURG, FL – Jabil's board of directors has approved a $200 million restructuring plan that includes headcount reductions.

FONTENAY-AUX-ROSES, FRANCE – Icape Group has announced the acquisition of three US companies: PCB Solutions, Ustek Incorporated and Nujay Technologies.

SAINT HERBLAIN, FRANCE – Lacroix recorded revenue of €387.8 million ($409.9 million) in the first half of the year, up 14.6% from last year's first half.

WASHINGTON – The Department of Defense's Office of Industrial Base Policy has awarded a combined $17.5 million in contracts to support two initiatives that will strengthen the resilience of the defense microelectronics industrial base – including a project to promote production of ultra-high density interconnects for PCBs.

BANNOCKBURN, IL – North American PCB shipments in August were down 26.4% compared to the same month last year, and were down 35.7% compared to July, IPC reported in its North American Printed Circuit Board Statistical Program report.

BANNOCKBURN, IL – Total North American EMS shipments in August were up 2.49% compared to the same month last year, IPC announced in its monthly North American EMS Statistical Program report.

ST. PETERSBURG, FL – Jabil reported $8.5 billion in revenue for the fourth quarter of its fiscal year, a decrease of 5.5% from last year's fourth quarter.

NEEDHAM, MA – The global PC monitor market remained steadfast in its efforts to manage inventory levels amidst a significant drop in demand during the second quarter. According to the latest findings from the International Data Corporation Worldwide Quarterly PC Monitor Tracker, the second quarter of 2023 saw a year-on-year decline in shipments of 17.1%.

CHENGALPATTU, INDIA – A factory fire at iPhone supplier Pegatron India was reportedly sparked by a short-circuit after an electrical switch was left on, following testing of the devices as they were being put together.

FONTENAY-AUX-ROSES, FRANCE – Icape Group reported revenue of €94.5 million ($99.4 million) for the first half of the year, a 12.1% decrease from the first half of 2022.