ELK GROVE VILLAGE, IL – SigmaTron International reported revenues of $85.7 million in the fiscal first quarter, up 41.8% year-over-year.
SUZHOU, CHINA – Enics is expanding its high-volume manufacturing site here, one of its largest in the region.
WILLENHALL, UK – Contract manufacturer Kasdon Electronics moved into a new 20,000 sq. ft. facility here, consolidating from two buildings, according to reports.
MILPITAS, CA – Global semiconductor equipment billings surged 48% year-over-year to a record high of $24.9 billion in the second quarter, a 5% increase sequentially, says SEMI.
BOSTON, MA – After a long pause, Creation Technologies is back on the acquisition trail. The EMS company today announced its second acquisition in the past month, acquiring Meridian, ID-based Computrol for an undisclosed amount.
TEMPE, AZ – Dark Pulse closed the acquisition of electronics manufacturer TJM Electronics West for $450,000 in cash.
WASHINGTON – Global semiconductor sales were $45.4 billion in July, an increase of 29% year-over-year and 2.1% sequentially, according to the Semiconductor Industry Association.
ORMOND BEACH, FL – Thermaltronics USA opened a second facility in the US here. The new facility features a showroom for solder robots, as well as other soldering equipment.
WASHINGTON, DC -- On Aug. 30, Gregory Kausner, performing the duties of Undersecretary of Defense for Acquisition and Sustainment, established a department-wide supply chain resiliency working group to address systemic barriers currently limiting supply chain visibility, conduct resiliency assessments, and develop effective mitigation actions.
WASHINGTON, DC -- The US House Armed Services Committee last week voted overwhelmingly in favor of the National Defense Authorization Act (NDAA) for Fiscal Year 2022, which includes tighter language over sourcing of printed circuit boards from adversarial nations.
FRANKFURT – “Europe must increase its capacities for the production of microelectronics chips in order to better avoid future supply bottlenecks and to be able to better survive as an industrial location in international competition.”
TAIPEI – Foxconn reported August revenues of NT$400 billion (US$14.5 billion), down 4.9% year-over-year and 4.3% sequentially.