SAN JOSE – EMS firm Naprotek has been purchased by Edgewater Capital Partners for an undisclosed sum.

SAN JOSE, CA -- Sanmina announced that Hari Pillai has rejoined the company as president of Components Technology, the company's printed circuit board and mechanical systems business unit.

TAIPEI – Global smartphone sales will gradually recover in 2021 and will likely see a relatively strong wave of device replacement demand, as well as demand growth in the emerging markets, new market research says. Assuming these conditions materialize, says TrendForce, the report author, the annual global smartphone production for 2021 is forecasted to increase 9% to 1.36 billion units.

TAIPEI – Coming off a record year, global notebook shipments will grow another 8.6% year-over-year to 217 million units in 2021, TrendForce predicts. The increasing popularity of distance education has galvanized demand for Chromebooks, which contributed substantially to the growth of the overall market. Chromebooks accounted for 14.8% of global notebook shipments in 2020, a rate expected to rise to 18.5% in 2021.

MUNICH – Electronics manufacturer Katek acquired fellow EMS Leesys Group for an undisclosed sum.

TAIPEI – Foxconn reported consolidated revenue of NT$713.78 billion (US$25.5 billion) for December, up 32.3% year-over-year and 4.8% sequentially.

HAIPHONG, VIETNAM – Pegatron has purchased land here for some VND528.9 billion (US$22.9 million) to construct a new plant, according to reports.

WASHINGTON — Worldwide sales of semiconductors reached $39.4 billion in November, an increase of 7% year-over-year and 1.1% sequentially, according to the Semiconductor Industry Association.

TORONTO – SMTC Corp. has entered into a definitive agreement with an affiliate of H.I.G. Capital in which H.I.G. will acquire all outstanding shares of SMTC’s common stock for $6.044 per share in cash, representing a premium of approximately 22% over SMTC’s closing share price on Dec. 31 and 66% over the share price 60 days ago.

WASHINGTON – Chris Mitchell, vice president of global government relations at IPC, released a statement regarding votes this past week in the US House of Representatives and US Senate to override President Trump’s veto of the Fiscal 2021 National Defense Authorization Act (NDAA):

THOUSAND OAKS, CA – Teledyne Technologies and FLIR Systems have entered into a definitive agreement under which Teledyne will acquire FLIR in a cash and stock transaction valued at approximately $8 billion.

KUNSHAN -- Hundreds of temporary workers from Pegatron’s factory here gathered by the recruitment center of the factory protesting the loss of promised bonuses, a labor rights group said today.