NEENAH, WI – Plexus reported fiscal third quarter revenue of $857.4 million, up 7.2% year-over-year and 11.7% sequentially.

QINGDAO, CHINA – Foxconn recently broke ground on a ¥60 billion (US$8.6 billion) semiconductor assembly and test plant here, according to reports. Rongkong Group will co-finance the project.

MILPITAS, CA – SEMI president and CEO Ajit Manocha supports amendments the US House of Representatives and Senate included in the 2021 National Defense Authorization Act that would authorize important programs to support semiconductor manufacturing and research in the US.

HONG KONG – ASMPT will provide integrated solutions for heterogeneous integration, including ALSI laser saw/grooving and interconnect tools, in support of IBM artificial intelligence research.

DE LEON SPRINGS, FL – Sparton has completed the previously announced sale of its contract manufacturing unit, Manufacturing & Design Services, to One Equity Partners. In conjunction with the closing of the transaction, the MDS business has been rebranded as Spartronics.

SCOTTSDALE, AZ – After dropping 15% in 2019, the worldwide IC market is expected to show single-digit growth in 2020, even with the disastrous effects of Covid-19 on the global economy, according to IC Insights.

LONDON – The Covid-19 pandemic has given businesses an unprecedented opportunity to implement profound changes to the way we work, according to GlobalData. The pandemic will leave a lasting legacy, from digitizing processes and reshaping supply chains to redesigning offices, the research firm says.

MILPITAS, CA – Global semiconductor manufacturing equipment sales by OEMs are projected to increase 6% year-over-year to $63.2 billion in 2020 before logging record high revenue of $70 billion in 2021 on the strength of double-digit growth, SEMI said.

AUSTIN, TX – Austin Precision Machining and Manufacturing launched its turnkey mechanical and assembly services here.

CLINTON, NY – Indium Corp. released a report on the worldwide availability of indium and gallium metal.

BRISBANE – Elexon Electronics opened an intelligent factory to enter new markets in defense and aerospace, according to reports. The Made in Queensland program provided $890,325 for the Industry 4.0 facility.

FRANKFURT – The Covid-19 crisis has hit the German electronics industry hard in recent months, says ZVEI, but the mood has turned up of late as companies show signs of a rebound.