DUBLIN – The global SMT equipment market is expected to grow at a CAGR of 6.37% during the period 2018-2022, according to Research and Markets.

TORONTO – SMTC reported third quarter revenues increased 56% year-over-year to $53.7 million. Sequentially, revenue increased 20.7%.

BANGKOK – Fabrinet reported fiscal first quarter revenue was $377.2 million, up 5.6% year-over-year.

SANTA ANA, CA – Ducommun’s Electronic Systems segment recorded third quarter net revenue of $85.7 million, up 8.5% year-over-year.

AGUASCALIENTES, MEXICO – Continental is investing more than $59 million to build an electronic components plant here.

REDMOND, WA – Data I/O reported third quarter net sales of $6.5 million, down 32.3% year-over-year and 9.7% sequentially. The year-over-year decline in sales is attributed to substantial demand in 2017, particularly for automotive electronics and programming center customers.

CAMBRIDGESHIRE, UK – Prima Electronics was purchased by NJ Russell Holdings, according to reports. Some £2.15 million ($2.8 million) will be used to fund the acquisition and boost cash flow.

FRAMINGHAM, MA – Smartphone vendors shipped 355.2 million units during the third quarter, resulting in a year-over-year decline of 6%, says International Data Corp. It was the fourth consecutive quarter of year-over-year declines for the global smartphone market.

FRAMINGHAM, MA – The worldwide tablet market declined 8.6% during the third quarter of 2018, as global shipments fell to 36.4 million, says International Data Corp.

KISTA, SWEDEN – Electronics manufacturer NOTE has acquired all shares in Speedboard Assembly Services for $9.1 million on a debt-free basis, with the possibility of an additional purchase price of $650,000 by 2020.

ATLANTA, GA – The exhibition floor space for PCB West 2019 is more than 75% sold, UP Media Group Inc. said today. Booth reservations are now open to companies that did not exhibit last year.

BANNOCKBURN, IL – The global printed circuit board industry achieved an estimated 13.9% real growth in 2017, the fastest growth since the recovery year of 2010, according to a new IPC report.