WASHINGTON – The Semiconductor Industry Association released the following statement from president and CEO John Neuffer in response to President Trump’s recent immigration executive order:

MINNEAPOLIS, MN – SMTAI conference and exhibition will proceed in 2020 as a virtual event starting Sept. 28.

SENAI, MALAYSIA – VS Industry Berhard reported fiscal third quarter revenue of MYR 505.7 million (US$119.9 million), down 43% year-over-year.

PHOENIX – Benchmark Electronics has joined the ranks of vertically integrated manufacturers with its new 122,000 sq. ft. state-of-the-art factory in Phoenix.

BINAN, PHILIPPINES – Cirtek Holdings Philippines reported first quarter gross revenues up 6% year-over-year to $22.3 million due to an increase in orders for its antenna products, say reports.

FRANKFURT – In April, German electronics industry exports dropped 20% to €13.5 billion compared to April 2019, according to ZVEI.

SAN JOSE – The Air Force Research Laboratory will invest $154 million in Nextflex during the next seven years to fund development of 3-D printed electronics that can support military operations and defense manufacturing.

ST. PETERSBURG, FL – With expenses continuing to rise due to the Covid-19 pandemic, Jabil said it would cut its workforce globally by 1,500. The moves will save the EMS company $50 million a year.

ATLANTA – According to ECIA’s most recent Covid-19 survey ended June 12, responses across a range of measures reflect renewing optimism among supply chain participants consistent with improvements seen in general business metrics.

ST. PETERSBURG, FL – Jabil beat revenue estimates for the May period, reporting preliminary fiscal third quarter net revenue of $6.3 billion, up 3.3% year-over-year. The net loss was $50.3 million, compared to net income of $44 million for the same quarter last year.

FRAMINGHAM, MA – IDC lowered its 2020 forecast for spending on Internet of Things devices to 8.2%, but said double-digit growth rates will return in 2021.

SANTA CLARA, CA – Globalfoundries and SkyWater Technology have reached a deal to supply semiconductor chips to the US defense industry and work on new technology, according to reports.