COPENHAGEN – GPV reported revenue of DKK5.9 billion ($845.3 million) in 2022, exceeding expectations for the year and setting a new revenue record for the company.

FRAMINGHAM, MA – The worldwide hardcopy peripherals market saw overall shipments grow 11.6% year over year to nearly 25.0 million units in the fourth quarter. Shipment value during the quarter increased 14.8% to $11.1 billion, according to the International Data Corporation's Worldwide Quarterly Hardcopy Peripherals Tracker.

NEEDHAM, MA – Desktop and mobile workstation shipments shrank 22.2% in the fourth quarter compared to a year ago as IT device spending slowed amidst economic concerns and fulfillment of backlogged orders, according to the International Data Corporation (IDC) Worldwide Quarterly Workstation Tracker.

TEMPE, AZ – Benchmark Electronics on Friday celebrated the grand opening of its new Precision Technologies facility in Mesa, Arizona. The company plans to invest around $20 million into capabilities and technology at the new facility, in addition to hiring 100 people to support this facility as the company ramps up with customers.

TAIPEI – Global DRAM revenue fell by 32.5% quarter-over-quarter to $12.28 billion, per TrendForce research. The fourth-quarter decline is larger than the QoQ decline of 28.8% for the third quarter and comes close to the QoQ decline of 36% for the final quarter of 2008, when the global economy was in the midst of a major financial crisis.

BANNOCKBURN, IL – Economic data over the last month is providing a mixed view of the economy, according to the IPC’s February Economic Outlook report.

NEEDHAM, MA – Shipments of smartphones will decline 1.1% in 2023 to 1.19 billion units, down from the previous forecast of 2.8% growth as the market continues to suffer from weak demand and ongoing macroeconomic challenges, according to the International Data Corporation's latest Worldwide Quarterly Mobile Phone Tracker forecast.

HONG KONG – ASMPT reported revenue of HK$4.33 billion ($553.1 million) for the fourth quarter, a decline of 5.1% from the previous quarter.

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.

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.

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.

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.