BANGI, MALAYSIA – Frencken Group received approval from authorities to continue manufacturing operations in Malaysia.

TAIPEI – Foxconn plans to build a joint IC packaging and testing plant in Qingdao, Shandong Province, China, as part of the company’s efforts to enter the semiconductor industry.

FRAMINGHAM, MA – Ravaged by the Covid-19 pandemic and comorbid economic malaise, the outlook has turned for the worldwide IT services market. This is the first time since the two world wars that the global economy has been disrupted both by demand and supply at such a scale, says International Data Corp.

FRAMINGHAM, MA – A new index of leading indicators for IT spending launched by International Data Corp. supports recent forecasts that point toward declines in overall technology spending in 2020, but also highlights opportunities where businesses may be looking to increase short-term investments as part of their response to the Covid-19 crisis.

BANNOCKBURN, IL — IPC sent a letter to US president Donald Trump, Mexican president Andrés Manuel López Obrador and Canadian prime minister Justin Trudeau urging them to launch a trilateral initiative to mobilize industrial base support for the continuing medical response related to Covid-19.

LAGUNA, PHILIPPINES – Integrated Micro-Electronics secured new projects that could bring some $407 million in annual revenues, according to reports.

NORRTELJE, SWEDEN – To meet increased demand for microelectronics produced in clean rooms, Note has invested in increased production capacity here. In early April, a new 300 sq. m. clean room was inaugurated, doubling the area for clean room production.

MORRISVILLE, NC – iNEMI will hold a webinar on its PCB Warpage Characterization and Minimization project May 13 and 14.

PENANG, MALAYSIA – ViTrox reported fourth quarter revenue of RM 95.1 million (US$22 million), a decrease of 14% year-over-year.

MORRISVILLE, NC – iNEMI added three new directors to its board and reelected three incumbents.

NORRTALJE, SWEDEN – Note said one of its medtech customers has placed an order for SEK 30 million (US$3 million) for delivery in the second and third quarters.

MILPITAS, CA – Semiconductor equipment manufacturers worldwide logged sales of $59.8 billion in 2019, down 7% year-over-year, according to SEMI.