BANG KADI, THAILAND – SVI Public Co. has received a letter of intention from its largest shareholder to make a conditional voluntary tender offer to acquire all the securities of the company.

SAN JOSE – Sanmina’s board has voted to appoint Hartmut Liebel as chief executive officer, effective Sept. 30. Liebel will succeed Michael Clarke, who will remain in an advisory capacity through a transition period.

GRUDZIADZ, POLAND – Kitron has completed a €15 million, 88,000 sq. ft. manufacturing facility here. Production is scheduled to start in October, the EMS firm added.

ELK GROVE VILLAGE, IL – SigmaTron International reported fiscal first quarter revenue of $74 million, up 3.6% year-over-year.

MILPITAS, CA — Worldwide semiconductor manufacturing equipment billings in the second quarter fell 20% from a year ago to $13.3 billion, the SEMI trade group said today.

SANTA CLARA, CA -- PCB West, the Silicon Valley's largest conference for the printed circuit board industry, opens here today. 

NEW YORK - The US government is charging a Chinese professor for attempting to steal a printed circuit board on behalf of Huawei.

TAIPEI – Foxconn reported its highest-ever August sales of $12.76 billion, up 0.2% sequentially. This is the sixth consecutive month Foxconn has registered sequential increases.

FRAMINGHAM, MA –  Worldwide server shipments declined 9.3% year-over-year to fewer than 2.7 million units during the second quarter, according to IDC. Vendor revenue in the worldwide server market declined 11.6% year-over-year to just over $20 billion.

HONG KONG – Wong’s Kong King reported first half revenue of HK$2.5 billion (US$320.8 million), down 0.75% year-over-year.

AUSTIN, TX – Many smartphone manufacturers are offering 5G handsets in a bid to increase mobile phone sales, says TechSearch International. Several 5G-compatible smartphones are in mass production, and more are scheduled for release this year.

FRAMINGHAM, MA – Worldwide smartphone assembly shipment volumes in the second quarter were up 11.9% sequentially, with total shipments of 332.6 million, according to International Data Corp.