SAN DIEGO – Feb. 4, 2020 – CIRCUITS ASSEMBLY and PRINTED CIRCUIT DESIGN AND FAB announced the 2020 New Product Introduction Award winners for electronics assembly equipment, materials, software, and PCB fabrication.

FRAMINGHAM, MA – Worldwide smartphone shipments decreased 1.1% year-over-year in the fourth quarter, according to International Data Corp.

BANGKOK – Fabrinet reported fiscal second quarter revenue was $426.2 million, up 5.7% year-over-year.

FRAMINGHAM, MA – The worldwide tablet market declined 0.6% year-over-year during the fourth quarter, as global shipments fell to 43.5 million units, according to International Data Corp. For 2019, the tablet market shrank 1.5% year-over-year as global shipments totaled 144 million units.

GLENVIEW, IL – Illinois Tool Works reported fourth quarter Test & Measurement and Electronics revenue of $552 million, up 2.6% year-over-year.

TEMPE, AZ – Benchmark cut its outlook for fourth quarter revenue due to impacts of a ransomware incident.

SAN JOSE – Flex reported fiscal third quarter 2020 net sales of $6.5 billion, down 6.7% year-over-year.

SINGAPORE – Kulicke and Soffa reported fiscal first quarter net revenue of $144.3 million, down 8.2% year-over-year and up 3.2% sequentially.

TAIPEI — Some 13,500 Foxconn workers in China will stay home until at least Feb. 13 as a result of China’s viral outbreak.

TORONTO – Celestica reported fourth quarter revenue of $1.49 billion, down 14% year-over-year.

GUAYMAS, MEXICO – Libra Industries has acquired a contract manufacturing facility here formerly run by Benchmark Electronics, according to reports. Libra Guaymas will be Libra’s fifth plant and first international operation.

BANNOCKBURN, IL — IPC has named Matt Kelly chief technologist, a new position in the trade association.