BANNOCKBURN, IL – IPC and the Wire Harness Manufacturer’s Association entered into an affiliation agreement. The boards of the respective trade groups support the alliance.

STAMFORD, CT – Worldwide semiconductor revenue totaled $476.7 billion in 2018, a 13.4% increase over 2017, according to Gartner.

TAIPEI – Foxconn reported December revenue fell 8% to $20.1 billion. This is the firm’s first year-over-year monthly revenue drop in 10 months.

JOHOR BAHRU, JOHOR, MALAYSIA -- ATA IMS will add at least six SMT lines in 2019 as part of a major expansion, the firm said this week.

KUALA LUMPUR -- VS Industry is working on a pair of new facilities with a combined 300,000 sq. ft. of production floor space to meet anticipated new orders.

FRAMINGHAM, MA – Global spending on 3D printing, including hardware, materials, software, and services, is expected to increase 21.2% year-over-year to $13.8 billion in 2019, say the International Data Corp.

ATLANTA -- East West Manufacturing has acquired EMS provider General Microcircuits in a deal between privately held companies.

SINGAPORE – A private equity firm is acquiring EMS firm PCI in an all-cash offer of $150 million, according to reports.

WESTWOOD, MA – Chase Corp. reported fiscal first quarter revenue of $72.5 million, up 17% year-over-year.

FRAMINGHAM, MA – Worldwide spending on the Internet of Things (IoT) is forecast to reach $745 billion in 2019, an increase of 15.4% over 2018, according to International Data Corp. IDC expects worldwide IoT spending will maintain a double-digit annual growth rate throughout the 2017-2022 forecast period and surpass the $1 trillion mark in 2022.

LOS ANGELES – The global automotive electronics market is anticipated to record a market size of around $430.1 billion by 2026, growing at a 9% CAGR, according to Acumen Research and Consulting.

LONG ISLAND CITY, NY – Cemtrex reported fiscal 2018 net sales were $89.9 million, down 25% year-over-year.