WOKING, ENGLAND -- TT Electronics will take restructuring charges of $22.9 million to counter a 14% drop in organic revenues in the first five months of 2020.

ANGLETON, TX -- Benchmark Electronics will close its plant here in the first half next year, according to a mandatory notice the EMS company filed with the state of Texas. 

ALPHARETTA, GA – A new ECIA survey finds that while overall concern regarding Covid’s impact on the electronics supply chain has moderated significantly, the expectation for the duration of the impact has lengthened and anticipated lead times have extended.

ATLANTA, GA – UP Media Group Inc. today announced signal integrity and electrical noise expert Rick Hartley will host a two-hour webinar on IoT PCB Design and Layout later this month.

ELK GROVE VILLAGE, IL – EMS firm SigmaTron International and pet tech company Wagz have executed a letter of intent related to a merger. Subject to terms and conditions, SigmaTron would issue approximately 2.27 million new shares of SigmaTron stock that would result in the stockholders of Wagz owning approximately one-third of the combined company.

FRAMINGHAM, MA – The combined consumer and enterprise worldwide wireless local area network (WLAN) market segments rose 2.3% year-over-year in the first quarter, according to International Data Corp. The enterprise segment fell 2.2% year-over-year in the first quarter, with $1.3 billion in revenue.

SINGAPORE – Global PC and tablet shipments will fall 7% year-over-year to 367.8 million units in 2020, according to Canalys. The firm expects the global PC market to stay flat in 2021 and return to growth of 2% in 2022.

FRAMINGHAM, MA — The worldwide smartphone market is forecast to decline 11.9% year-over-year in 2020, with shipments totaling 1.2 billion units, according to International Data Corp.

SHA TIN, HONG KONG – Valuetronics Holdings said fiscal 2020 revenue fell 16.8% year-over-year to HK$2.35 billion (US$303.2 million).

STOCKHOLM – EG Electronics has acquired all shares in WEAB Wermlands Elektronik.

MORRISVILLE, NC – iNEMI and SMTA will host a webinar June 16 on proposed testing protocols to align connector reliability with application requirements.

MILPITAS, CA -- Worldwide semiconductor manufacturing equipment billings rose 13% year-over-year in the first quarter, according to SEMI.