TÄBY, SWEDEN – Mycronic announced a 39% year-over-year sales increase for the first quarter, totaling SEK1.7 billion ($155.4 million).

ARLINGTON, VA – JEDEC has published the JESD79-5C DDR5 SDRAM standard, which includes features designed to improve reliability and security and enhance performance in applications from high-performance servers to emerging technologies such as AI and machine learning.

MILPITAS, CA – KLA has announced that it is exiting the flat panel display (FPD) business by the end of the year, but will continue to provide services to the customer base for its discontinued products.

MUNICH – Katek announced record revenue of EUR782.8 million ($831.4 million) for 2023, representing growth of 15% from 2022's total.

NEEDHAM, MA – Global smartphone shipments increased 7.8% year over year to 289.4 million units in the first quarter, according to IDC's Worldwide Quarterly Mobile Phone Tracker.

NEVADA CITY, CA – Manufacturing Market Insider (MMI) today announced revenues among the EMS companies the research firm ranks as the 50 largest worldwide declined 5.7% year-over-year in 2023.

NEW DELHI – Zetwerk has announced a Rs1,000 crore ($119.6 million) investment to ramp up its electronics manufacturing capacity.

MILPITAS, CA – Worldwide sales of semiconductor manufacturing equipment edged down 1.3% to $106.3 billion in 2023 from an all-time record of $107.6 billion in 2022, SEMI reported in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) report.

COLORADO SPRINGS, CO – Spectrum Advanced Manufacturing Technologies has received $1.3 million in tax credits from the Colorado Economic Development Commission to expand its operations here and add up to 101 new jobs.

MCLEAN, VA – Orders of manufacturing technology totaled $343.3 million in February, marking a 2.1% increase from January but a 26.5% decline from February 2023, the Association For Manufacturing Technology announced in its US Manufacturing Technology Orders Report.

NEEDHAM, MA – After two years of decline, the worldwide traditional PC market returned to growth during the first quarter with 59.8 million shipments, growing 1.5% year over year, according to preliminary results from IDC's Worldwide Quarterly Personal Computing Device Tracker.

SINGAPORE – ASMPT reported full-year revenue of HK$14.7 billion ($1.9 billion), down 24% from 2022.