SINGAPORE – A*STAR’s Institute of Microelectronics (IME) is collaborating with four companies to form a system-in-package (SiP) consortium, say reports. IME will team with Asahi-Kasei, Globalfoundries, Qorvo and Toray to develop high-density SiP for heterogeneous chiplet integration for 5G and other applications.

TAIPEI – Foxconn said it is talking to Wisconsin about building electric vehicles there, according to reports.

ATLANTA, GA – UP Media Group Inc. seeks abstracts for the upcoming PCB East technical conference, coming to the Boston suburbs next spring. The conference will focus on training and best practices for electronics design engineers, fabricators and assemblers.

SHENZHEN – MRSI Systems (Mycronic Group) opened a Product Demo Center here.

EINDHOVEN, NETHERLANDS – VDL Groep has opted to pull its previously announced public offer for all issued and outstanding shares of Neways Electronic, the company said on its website.

SPOKANE VALLEY, WA – Key Tronic reported fiscal third quarter revenue of approximately $134.6 million, up 21% year-over-year.

WASHINGTON — Global semiconductor sales were $43.6 billion in May, an increase of 26.2% year-over-year and up 4.1% sequentially, according to the Semiconductor Industry Association.

TAIPEI – Foxconn reported second quarter revenue up 20% year-over-year to NT1.36 trillion (US$48.6 billion).

FREDERICK, MD – ACDi acquired Enhanced Manufacturing Solutions to expand its geographical footprint, increase manufacturing capacity and complement service and product offerings. No financial terms were disclosed.

DONGGUAN, CHINA – ICAPE Group received €125 million (US$148.1 million) in revenues in 2020 and expects 30% growth in 2021.

MONTEREY PARK, CA – Quantic Electronics acquired Union Technology Corp. for an undisclosed sum.

BANNOCKBURN, IL – IPC expects the global economy to expand 6.1% in 2021 and another 4% in 2022, according to a new IPC report from Shawn DuBravac, Ph.D., chief economist.