SINGAPORE — Fifty-eight percent of organizations recently surveyed indicate their immediate focus is on increasing supply chain visibility to help create operational resilience, says IDC. By the end of 2021, 60% of all manufacturing supply chains will have invested in the technology and business processes necessary for resiliency, resulting in productivity improvements of 25%.

ASKER, NORWAY – Kitron reported third quarter revenue of NOK 831 million (US$99.5 million), down 21.2% year-over-year.

STOCKHOLM – Mycronic reported third quarter net sales decreased 8% year-over-year to SEK 986 million (US$114.7 million). Based on constant exchange rates, net sales decreased 9%.

STOCKHOLM – Note reported third quarter sales increased 58% year-over-year to SEK 685 million (US$79.5 million).  Adjusted for acquisitions and currency effects, growth was 34%.

SON, THE NETHERLANDS – Neways Electronics reported third quarter sales of €116 million, up 1.3% sequentially but down 4.2% from a year ago, due in part to ongoing supply chain disruptions.

DUNDALK, IRELAND – Flex acquired Anord Mardix in a $540 million all-cash transaction. The acquisition adds to Flex's power products and expands its offering in the data center market.

SAN FRANCISCO -- Tempo Automation and ACE Convergence Acquisition Corp. a special-purpose acquisition company focusing on industrial and enterprise IT, announced today that they have entered into a definitive merger agreement.

ELK GROVE, IL – SigmaTron’s CEO, chairman and president Gary R. Fairhead stepped down as president, effective today.

NEEDHAM, MA – Global shipments of traditional PCs, inclusive of desktops, notebooks, and workstations, reached 86.7 million units during the third quarter, up 3.9% year-over-year, according to the International Data Corp.

HERTFORDSHIRE, UK – Refined tin use in 2020 decreased 1.6% to 361,900 tonnes, with a preliminary estimate of 7.2% expansion during 2021, attributed to recovery from the Covid-19 pandemic, according to a recent survey by the International Tin Association. These data reflect unexpected boosts to tin use such as working from home. This, however, could be overly optimistic based on use sectors being constrained by supply chain issues in the second half of 2021, says ITA.

SINGAPORE – Following five quarters of double-digit growth, the global PC market saw annual growth of 5% in the third quarter, with shipments of desktops and notebooks, including workstations settling at 84.1 million units, according to Canalys.

CHELMSFORD, MA – The SMTA Boston Chapter will hold a free hybrid (in-person and virtual) meeting Nov. 9.