BRUSSELS, BELGIUM – Key segments of the European electronics manufacturing industry face significant challenges and require more support, according to a new report from IPC. 

WASHINGTON – Global semiconductor industry sales totaled $40.7 billion in May, an increase of 1.7% compared to the previous month but 21.1% less than the May 2022 total of $51.7 billion, according to the Semiconductor Industry Association.

PORTO, PORTUGAL – Critical Manufacturing has announced an expansion into Mexico to help meet the growing demands of American manufacturing systems.

ADELAIDE, AUSTRALIA – Entech Electronics has announced factory expansions here and in Malaysia, where it is establishing for the first time.

TAIPEI – Foxconn announced a 13.8% year-on-year drop in second quarter revenue, but said the outlook for the third quarter was brighter ahead of peak shopping season at the end of the year.

STOCKHOLM – Note has expanded its manufacturing capacity in the UK with the acquisition of electronics manufacturer DVR.

ATLANTA – The overall electronic components sales sentiment improved by four points in June after a 14.5-point collapse in May, but the 76.3 index score for June is still below last year's average, ECIA reported in its monthly Electronic Component Sales Trend survey.

HELSINKI – Incap has gained a foothold in the US with the acquisition of the Pennsylvania-based EMS company Pennatronics.

TAIPEI – Global TV shipments for the second quarter will reach 46.63 million units – a 7.5% quarter-on-quarter increase and a year-on-year rise of 2%, according to the latest forecast from TrendForce.

NEEDHAM, MA – Global shipments of smart home devices continued to decline in the first quarter as shipments fell 5.6% year over year to 186 million units, according to the International Data Corporation Worldwide Quarterly Smart Home Device Tracker.

SINGAPORE – Scientists from Nanyang Technological University, Singapore; Panasonic Factory Solutions Asia Pacific; and Singapore Center for 3-D Printing have developed a new multi-material printer using multi-wavelength high-power lasers for quick and easy 3-D printing of smart, flexible devices.

WASHINGTON – The US Department of Commerce announced an expansion in funding opportunities for large semiconductor supply chain projects, as well as a separate process for smaller projects coming later in the year.