STOCKHOLM -- Note took charges of SEK 30 million ($2.7 million) for potential bad debt after one of its UK customers applied for that nation's form of bankruptcy protection.

PEACHTREE CITY, GA — OCT. 13, 2022 — Nearly 2,000 industry professionals, representing some 35 countries, registered for the PCB West conference and exhibition held last week, the Printed Circuit Engineering Association announced today. The technical conference saw its highest registration in more than 10 years.

ZURICH -- The merger of GPV, Denmark’s largest electronics manufacturer, and Swiss-headquartered Enics was completed Monday.

CHENNAI, INDIA -- Pegatron today inaugurated an electronics assembly facility here that could employ up to 14,000 workers at full capacity.

HANOI – Molex today announced it is expanding its existing manufacturing operations in Hanoi to include a new 16,000 square meter facility.

SCOTTSDALE, AZ -- The automotive IC market share has steadily increased since 1998, growing from 4.7% of total IC sales that year to 7.4% in 2021.

SAN FRANCISCO -- A California environmental group is suing Cirexx International, alleging the manufacturer and assembler of printed circuit boards is polluting the local waterways.

TAIPEI -- A Foxconn subsidiary is purchasing a majority share in PCE Technology de Juarez, an electronics manufacturing services company focused on consumer electronics, for $361 million.

BANNOCKBURN, IL -- North American electronics manufacturing services (EMS) shipments in August were up 14.9% compared to a year ago and 9.5% sequentially.

BANNOCKBURN, IL – The economic picture in the US continues to dim and the likelihood of a recession next year continues to increase, according to IPC’s latest economic outlook report.

MILPITAS, CA — Global fab equipment spending for front-end facilities is expected to increase approximately 9% year-over-year to a new all-time high of $99 billion in 2022, SEMI announced today.

ATLANTA — The Electronic Components Industry Association today announced new guidance for noncancellable, nonreturnable components.