BANNOCKBURN, IL – In a statement today, IPC thanked the US Congress and Trump administration for reaching an agreement on a $2 trillion economic stabilization package to address the fallout from the Covid-19 pandemic.

NORTH SYRACUSE, NY – ICM Controls has been classified as an essential service provider by New York State and granted exemption status and is therefore “not subject to the required 100% workforce reduction [mandate]” pursuant to the governor’s revised executive order.

NEENAH, WI – Plexus expects second quarter revenue to fall below its guidance range of $790 million to $830 million, which was issued on Jan. 22.

BANNOCKBURN, IL — IPC has released new requirements for automotive printed circuit boards to its soldering and assembly qualification standards.

ALMERE, THE NETHERLANDS – ASM International nominated Benjamin Loh as CEO, president and chairman of the management board of ASMI, succeeding Chuck del Prado.

MILPITAS, CA – With a special permit, the Zollner Elektronik plant here will resume production despite the lockdown.

PENANG – Frencken Group has temporarily closed all its factories in Malaysia to adhere to a nationwide government order for all business premises to close Mar. 18-31, except those providing essential services.

MILPITAS, CA — North America-based manufacturers of semiconductor equipment posted $2.37 billion in billings worldwide in February, according to SEMI, up 26.2% year-over-year and 1.2% sequentially.

MINNEAPOLIS – Nortech Systems reported fourth quarter net sales of $30.8 million, up 7% year-over-year.

MINNEAPOLIS, MN - The SMTA is currently seeking student applications for two funds, each with a deadline of Apr. 24.

BEAUPREAU-EN-MAUGES, FRANCE – Lacroix Group is part of a group investing €25 million (US$26.7 million) to establish a 16,000 sq. m. smart factory here. The new plant will feature six production lines, including one exclusively dedicated to large automated production runs, and is expected to be fully operational by the end of 2021.

SAN MATEO, CA – As a result of the spread of Covid-19, there is nearly an 80% chance for significant contraction in worldwide semiconductor revenues in 2020, instead of a previously expected minor overall growth of 2%, according to a new report from International Data Corp.