MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.03 billion in billings worldwide in July, down 14.5% year-over-year and up 0.4% sequentially, according to SEMI.
HAUPPAUGE, NY – Orbit International has purchased the assets of Q-Vio, developer of LCD display modules.
TUMKUR, INDIA – Incap India is investing €2 million to expand its production facility here, adding about 41,000 sq. ft. The expansion will bring the plant size to 133,900 sq. ft.
EDEN PRAIRIE, MN -- SMTA announced Ben Stewart, a graduate student at the Georgia Institute of Technology, has been selected this year's Charles Hutchins Educational Grant winner.
NEW YORK -- Cemtrex today announced it has completed the sale of its EMS business, ROB Cemtrex, for €6.37 million ($7.06 million).
WESTLAKE, OH – Nordson reported fiscal third quarter sales were $560 million, down 4% year-over-year.
PFLUGERVILLE, TX – Essentium has filed a motion to dismiss allegations made against it by Jabil.
MORRISVILLE, NC – iNEMI’s Value Recovery from Used Electronics project participants published a report describing how the project successfully used end-of-life hard disk drives to demonstrate a viable process toward the development of a multi-stakeholder circular economy.
TIJUANA, MEXICO – ParPro has completed an expansion of its factory here, a company executive said. The firm added SMT equipment and staff to the 135,000 sq. ft. plant.
NEW YORK – Cemtrex posted fiscal third quarter revenue of $22.5 million, up 17% year-over-year, primarily as a result of new revenues in the Advanced Technologies segment.
BANGKOK -- Fabrinet today announced fiscal fourth quarter revenue of $405.1 million, up 17% year-over-year. GAAP net income for the period ended Jun. 28 was was $33 million, up 32% from a year ago.
CAMBRIDGE, UK – The market for 3-D printed medical devices and pharmaceuticals will be worth $6.1 billion by the year 2029, says IDTechEx, a compound annual growth rate of up to 18% in certain sub-segments.