SAN JOSE – Flex reported fiscal third quarter net sales of $6.7 billion, up 3.1% year-over-year.

FRAMINGHAM, MA – The worldwide smartphone market continued to improve in the fourth quarter of 2020, with 4.3% year-over-year growth, according to International Data Corp.

STOCKHOLM – Note reported fourth quarter sales decreased 4% to SEK 466 million (US$55.9 million). Adjusted for currency effects, sales were at the same level as the previous year.

MILPITAS, CA – North America-based semiconductor equipment manufacturers closed the year with a flourish, setting a record in the process.

BANNOCKBURN, IL — Printed circuit board orders from North American fabricators in December rose 9.2% year-over-year and 9.1% sequentially, according to IPC.

TORONTO – Celestica reported fourth quarter revenue of $1.4 billion, down 7% year-over-year.

SPOKANE VALLEY, WA – Key Tronic reported fiscal second quarter revenue of $128.3 million, up 10% year-over-year.

TISZAUJVAROS, HUNGARY – Jabil will invest more than HUF 1 billion (US$3.4 million) in its electronics assembly plant here, according to reports.

KUALA LUMPUR – PNE PCB is proposing a private placement to raise RM21.1 million (US$5.2 million) to reduce its borrowings and upgrade its existing printed circuit board production.

WASHINGTON – The US Department of Defense announced a new Defense Electronics Consortium and awarded millions toward its establishment to a subsidiary of the IPC trade group. The consortium will seek to affirm supply chain security for electronic products of national interest to the US.

BANNOCKBURN, IL — IPC welcomes the “Buy American” executive order signed by US President Joe Biden.

MILPITAS, CA – SEMI today called for a review of the Trump administration's export control policy, and urged the incoming US commerce secretary to work with allies when curbing sales of US technology to China for national security.