PASADENA, CA – Lead times and prices are expected to drop toward historical norms in the second quarter, while inventory reductions and corrections will continue into the second half of the year, according to the latest Commodity IQ analysis from Supplyframe.

OSAKA – SIIX reported JPY71.7 billion ($517 million) in sales in the first quarter, a 13.8% increase from last year's first-quarter sales of JPY63 billion ($454.2 million).

PEACHTREE CITY, GA – Registration for the PCB East 2023 conference and exhibits rose 59% overall from last year, the Printed Circuit Engineering Association announced today.

MILPITAS, CA – The current global semiconductor manufacturing industry contraction is expected to moderate in the second quarter and give way to a gradual recovery starting in the third quarter, SEMI announced in the latest publication of the Semiconductor Manufacturing Monitor Report.

CHICAGO – EMS M&A activity saw a slight year-over-year increase in the first quarter, with 10 transactions recorded in Lincoln International's latest industry report.

HONG KONG – VTech saw fiscal year revenue of $2.24 billion, a 5.4% decrease from $2.37 billion in the previous financial year.

SAN FRANCISCO, CA – Tempo Automation saw $2.8 million in revenue for the first quarter, a decrease of 39% compared to the revenue of $3.9 million in the first quarter of 2022.

LOUISVILLE, KY – Sypris reported revenue of $32.3 million for the first quarter, a 23.4% year-over-year increase from the $26.2 million in revenue for last year's first quarter.

MUNICH – Katek announced revenue of €200.4 million ($217.8 million) for the first quarter, a 26.4% increase from the same quarter of 2022.

SAINT-HERBLAIN, FRANCE – Lacroix has temporarily closed three of its manufacturing facilities after suffering a cyberattack over the weekend.

FONTENAY-AUX-ROSES, FRANCE – Icape Group reported revenue of €51.7 million ($56.1 million) for the first quarter, a 5.8% decrease from the €54.8 million ($59.5 million) in revenue for the same quarter in 2022.

SAN JOSE, CA – Sanmina announced revenue of $2.32 billion for the second quarter of its fiscal year.