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AUSTIN, TX – Foxconn is among a handful of investors pumping in $22 million to an Austin-based company that makes semiconductor and software products for high-fidelity sensing data.

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FRANKFURT – ZVEI is among 20-plus companies from the mechanical engineering and electrical industry to start the Industrial Digital Twin Association (IDTA) as a user organization for Industry 4.0.

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ATLANTA – Positive developments in both economic progress and battling the pandemic have buoyed the manufacturing world, including participants in the electronics components supply chain, according to ECIA. The latest results of a survey on the Covid-19 impact reveal a renewed surge in supply chain health and optimism. However, many experts express concern about a possible pandemic resurgence as the Northern Hemisphere approaches the winter months.

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ST. PETERSBURG, FL – Jabil reported fiscal fourth quarter net revenue of $7.3 billion, up 11.1% year-over-year.

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MINNEAPOLIS, MN – Chidinma Imediegwu, a graduate student at the Georgia Institute of Technology, has been selected as the winner of the 2020 Charles Hutchins Educational Grant.

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BANGALORE – Due to Covid-19 in India and stringent travel restrictions, Electronica India, Productronica India and MatDispens 2020 have been cancelled.

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HANOI – Pegatron plans to invest $1 billion in Vietnam as part of a three-phase implementation of computing, communication and consumer production facilities, according to reports.

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MUNICH – Katek Group reported sales growth of 40% for the first eight months of 2020.

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HONG KONG – ASM Pacific Technology is talking to potential investors to take the company private, according to reports.

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BRUSSELS – IPC and almost 40 other groups called on European Commission President Ursula von der Leyen to postpone the January deadline for a new chemicals database and to study related issues further before going forward.

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ATLANTA, GA – UP Media Group Inc. today announced more than one-fourth of attendees of PCB West Virtual 2020 came from outside the United States.

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STOCKHOLM – Note expects a continued positive earnings trend, with operating margin for the third quarter estimated to amount to approximately 8%, a significant increase in margins compared with last year.

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