MINNEAPOLIS -- Nortech Systems today reported net sales of $29.6 million for the third quarter ended Sept. 30, up from $28.3 million in 2017.

BOCA RATON, FL – Myotek has acquired Amptech for an undisclosed sum. Amptech is a contract electronics assembler serving the automotive, utility and other industrial end-markets and applications.

FRANKFURT, GERMANY – The worldwide components market grew 14% to about $666 billion in 2018, according to the Germany trade group ZVEI Electronic Components and Systems Association.

TAIPEI – Foxconn reported $19.2 billion in consolidated sales for October, up 21.5% year-over-year and 0.82% sequentially, the second-highest monthly figure in the firm’s history.

PATHUMTANI, THAILAND – SVI Public Co. Ltd. recorded third quarter consolidated sales of $127 million, an increase of 31.7% year-over-year and 11.2% sequentially.

TORONTO -- SMTC shook up the electronics manufacturing services industry today, announcing its acquisition of MC Assembly. SMTC paid $65 million for the privately held MC Assembly, subject to certain adjustments.

TAIPEI -- Pegatron is considering moving production from China to its other factories around the world as means to cope with tariffs and other supply-chain issues.

JASPER, IN – Kimball Electronics reported fiscal first quarter net sales were $265.6 million, up 5% year-over-year.

TAIPEI – Compal Electronics reported third quarter consolidated revenue of $8.4 billion, up 7% sequentially.

SCHAUMBURG, IL – Sparton reported fiscal first quarter net sales of $89.5 million, an increase of 8% year-over-year.

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%.