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WASHINGTON – Worldwide sales of semiconductors reached $98.2 billion during the second quarter, down 16.8% year-over-year and up 0.3% sequentially, says the Semiconductor Industry Association.

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LAKE CITY, PA – Electronics manufacturer AirBorn broke ground on a $3.7 million investment here that will double its size in PA and add up to 249 new jobs.

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NEWARK, NY -- IEC Electronics today reported fiscal third quarter revenues rose 35.4% year-over-year to $40.3 million.

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SPOKANE VALLEY, WA – Key Tronic posted fiscal fourth quarter revenue of $105.6 million, down 9.7% year-over-year.

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HAMPSHIRE, UK – More than 74 million consumer robots will be shipped in 2024, up 164.3% from 2019, according to a new study from Juniper Research.

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SANTA ANA, CA – Ducommun reported second quarter electronic systems segment net revenue was $89.3 million, up 5.7% year-over-year.

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HONG KONG – The US-China trade war could affect up to 10,000 workers at Flex's plants in China, according to reports.

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SINGAPORE – Kulicke and Soffa Industries reported fiscal third quarter net revenue of $127.1 million, down 52.7% year-over-year and up 9.7% sequentially.

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MANILA – Integrated Micro-Electronics reported first-half consolidated revenues down 5% to $636 million. Net income was $5.8 million, down 81.6% year-over-year. IMI’s core businesses ended the first half with revenues at $506 million, down 17.5% year-over-year.

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SCOTTSDALE, AZ – Despite a 38% sales decline expected this year, the DRAM market is forecast to remain the largest of all IC product categories again in 2019, with sales of $62 billion, says IC Insights.

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GUANGZHOU, CHINA – Foxconn has invested a reported $9 billion in a new display plant that began operations on Jul. 31, according to reports. It is said to be the largest-ever single investment in Guangzhou.

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JASPER, IN – Kimball Electronics reported fiscal fourth quarter net sales of $318.6 million, an increase of 15.1% year-over-year. Net income for the period ended Jun. 30 was $7.5 million, up 30.1% year-over-year. Operating income was $10.3 million, down 8.4%.

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