NEWARK, NY -- IEC Electronics reported fiscal 2020 second quarter revenues of $44.2 million, up 18.4% from a year ago.

WASHINGTON – The US Department of Energy announced up to $3 million in funding to spur the use of US national laboratory supercomputing resources to strengthen domestic manufacturing.

AUSTIN, TX – Despite the economic downturn caused by the fight against the Covid-19 virus, there are some potential growth areas in 2020, according to TechSearch International. Growth in advanced packaging continues for data center servers, AI accelerators, and 5G infrastructure.

WASHINGTON — Worldwide sales of semiconductors totaled $104.6 billion during the first quarter, up 6.9% year-over-year and down 3.6% sequentially, says the Semiconductor Industry Association.

GLENVIEW, IL – Illinois Tool Works reported first quarter test and measurement and electronics revenue of $485 million, down 7.4% year-over-year.

ANDHRA PRADESH, INDIA – Foxconn has received approval to reopen its phone manufacturing plant here, according to reports.

BANGKOK – Fabrinet reported fiscal third quarter revenue of $411.2 million, up 3% year-over-year.

Milpitas, CA — Worldwide silicon wafer area shipments rose 2.7% to 2.92 billion sq. in. in the first quarter, compared with fourth-quarter shipments of 2.84 billion sq. in., but dropped 4.3% year-over-year, the SEMI Silicon Manufacturers Group (SMG) reported today.

REDMOND, WA – Data I/O Corp. reported first quarter net sales of $4.8 million, down 21.3% year-over-year. The year-over-year decline in sales reflects the cyclical downtrend in the industry, reduced demand resulting from international trade and geopolitical issues, and the onset of the Covid-19 pandemic, which negatively impacted automotive and industrial market production.

HAWTHORNE, CA – OSI Systems reported fiscal third quarter revenues of $292.9 million, down 3.7% year-over-year.

SANTA ANA, CA – Ducommun reported first quarter Electronic Systems net revenue of $98.1 million, up 16.5% year-over-year.

SCOTTSDALE, AZ – Before the global pandemic took hold in the first quarter, IC Insights was forecasting a 14% increase in the total memory market in 2020. The total memory market in 2020 is now expected to be flat with 2019.