NEENAH, WI – Plexus this week reiterated it will be unable to meet its fiscal third quarter revenue guidance of $875 million to $915 million.

ATLANTA, GA – Lee Ritchey and Rick Hartley headline a stellar list of technical experts presenting at PCB West this fall, UP Media Group Inc. announced today. Their presentations are among the 40 presentations spanning 124 hours of classroom time and featuring several classes making their debuts at the annual trade show.

WASHINGTON – The costs and burdens of compliance with the Cybersecurity Maturity Model Certification (CMMC) may force some US electronics suppliers out of the Department of Defense’s supply chain, a new survey says.

TAIPEI – Foxconn reported record May consolidated revenue of NT$455 billion (US$16.4 billion), up 17.6% year-over-year, down 9.1% sequentially.

KUALA LUMPUR – EMS firm SKP Resources reported fiscal fourth quarter revenue of RM 444.9 million (US$107.8 million), up 4.4% year-over-year.

NEW DELHI – Lava International is planning to raise Rs 14 billion (US$192 million) to Rs 15 billion (US$205 million) via an initial public offering, according to reports.

MILPITAS, CA – First quarter global semiconductor equipment billings increased 51% year-over-year and 21% sequentially to $23.6 billion, SEMI said.

STOCKHOLM -- Note has acquired all shares in UK-based iPro Holdings, a box-build manufacturer of electronics-based products for greentech, medtech and industrial uses.

EINDHOVEN, NETHERLANDS – VDL Groep said it will be making a public offer for all issued and outstanding shares in the capital of EMS provider Neways Electronics. The public offer amounts to €13.00 per Neways share, payable in cash.

NEEDHAM, MA – The appetite for wearable devices remained strong in the first quarter even as volumes retreated from record fourth quarter levels.

AUSTIN, TX – The electronics industry saw strong production growth in 2020, and the first quarter of 2021 was a record quarter compared to a year ago, according to TechSearch International. Still, capital equipment spending is increasing, and growth should continue if shortages do not hold the industry back, the firm said.

MILPITAS, CA – Semiconductor manufacturers worldwide are on track to boost 200mm fab capacity by 950,000 wafers, or 17%, from 2020 through 2024, to reach a record high of 6.6 million wafers per month, said SEMI.