NORTHVALE, NJ – ADM Tronics announced revenue of $3.68 million for its fiscal year, an increase of 15% from the previous year's total of $3.2 million.

STOCKHOLM – Note reported sales of SEK1.1 billion ($107.6 million) for the first quarter, an increase of 20% compared to last year's first quarter.

FORT WORTH, TX – S&B Industries, a subsidiary of Foxconn located in Fort Worth, TX, is laying off 115 employees beginning on July 21, according to a Worker Adjustment and Retraining Notification Act notice.

BERLIN – Otis Worldwide has opened a new €8 million ($9 million) PCB production facility dedicated to advanced and complex PCB designs, as well as rapid prototyping and industrialization.

STOCKHOLM – Mycronic reported second-quarter sales of SEK1.25 billion ($1.22 billion), a 2% decrease from last year's second quarter.

BILLINGSTAD, NORWAY – Kitron announced record revenue of €206.3 million ($230.8 million) for the second quarter, an increase of 31% compared to the second quarter of last year.

JUÁREZ, MEXICO – Kurtz Ersa has broken ground on a new production facility in Juárez, Mexico, to meet the growing demands of the North America market.

MUNICH – Katek SE announced that it has finalized the acquisition of Madison, AL-based electronics supplier Nextek. 

KLAGENFURT, AUSTRIA – CMS Electronics announced the expansion of its product portfolio with the establishment of a new subsidiary, PCBWhiz.

SAN FRANCISCO – Global sales of semiconductor manufacturing equipment by OEMs next year are forecast to bounce back from a projected contraction of 18.6% to $87.4 billion in 2023, SEMI announced in its Mid-Year Total Semiconductor Equipment Forecast. The expected 2024 recovery – to $100 billion – will be driven by both the front-end and back-end segments.

PEACHTREE CITY, GA – The Printed Circuit Engineering Association (PCEA) today opened the show floor to select exhibitors for next year’s PCB East conference and exhibition.

NEEDHAM, MA – Global PC shipments declined 13.4% year-on-year during the second quarter, according to preliminary results from IDC's Worldwide Quarterly Personal Computing Device Tracker.