BILLINGSTAD, NORWAY -- Kitron's revenue for the second quarter was NOK1.58 billion ($154.3 million), up 59% year-over-year on a combination of strong demand and acquisitions, and the electronics manufacturing services company said it would raise its revenue forecast for full-year 2022. 

PEACHTREE CITY, GA – The Printed Circuit Engineering Association (PCEA) today announced dates for next year’s PCB East conference and exhibition.

BANNOCKBURN, IL — Nine in 10 electronics manufacturers are currently experiencing rising material costs, while four-fifths are experiencing rising labor costs, according to recent IPC survey data.

WESTLAKE, OH – Nordson announced a business segment realignment, reorganizing into three financial reporting segments, effective Aug. 1: Advanced Technology Solutions (ATS), led by Srinivas (Srini) Subramanian, executive VP; Industrial Precision Solutions (IPS), led by Jeffrey A. Pembroke, executive VP; and Medical and Fluid Solutions (MFS), led by Stephen Lovass, executive VP.

STOCKHOLM -- Note today announced the acquisition of all shares in Herrljunga, Sweden-based electronics manufacturer Dynamic Precision Solutions for SEK 20 million ($1.9 million), with adders based on profitability that could raise the total price to just over SEK 50 million ($4.8 million).

FONTENAY-AUX-ROSES, FRANCE – Icape Group’s IPO on the Euronext Growth market in Paris led to a capital increase of approximately €17 million (US$17.3 million) and a market capitalization of approximately €136.7 million.

WASHINGTON – Global semiconductor industry sales were $51.8 billion in May, up 18% year-over-year and 1.8% sequentially, says the Semiconductor Industry Association.

TAIPEI – Foxconn said June sales jumped 31% year-over-year to a record high for the month, and the firm is raising its full-year outlook thanks to strong sales of smartphones and servers, despite concerns of slowing demand due to rising inflation.

NEEDHAM, MA – Global shipments for virtual reality (VR) headsets jumped 242% during the first quarter compared to the same period last year, according to new data from IDC.

MEUNG-SUR-LOIRE, FRANCE -- All Circuits this week inaugurated its new electronics manufacturing factory here, where it intends to supplier electronic assemblies to the automotive sector.

MORRISVILLE, NC – iNEMI will hold a call-for-participation webinar for their unified equipment interaction management project July 7 and 8.

ATLANTA – After a run of two years of overall positive sales sentiment and expectation for electronic components, the June 2022 Electronic Component Sales Trend Survey dropped below the benchmark level of 100, indicating negative sales growth, according to ECIA.