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SINGAPORE – Kulicke and Soffa Industries reported fiscal second quarter net revenue of $115.9 million, down 47.7% year-over-year and 26.3% sequentially.

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SCOTTSDALE, AZ – The first quarter of 2019 was the fourth largest sequential IC market decline on record. The 17.6% drop was also the third largest first quarter decline since 1984.

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COATESVILLE, PA – Nathan Trotter has purchased a 34,000 sq. ft. facility here for an undisclosed sum. The firm says the site will allow more flexibility in manufacturing and inventory management.

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NEW DELHI, INDIA – India’s electronics imports reached a record $55.6 billion in 2019, up 8% year-over-year, according to reports.

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GREENBELT, MD – Bhanu Sood, Ph.D, a commodity risk assessment engineer at Goddard Space Flight Center, will present a webinar on May 9 on counterfeit parts.

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MOORPARK, CA – The assets of American Board Assembly will be auctioned following the EMS company’s recent closure.

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SPOKANE VALLEY, WA – Key Tronic reported fiscal third quarter revenue of $108 million, flat with the same quarter last year.

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SAN JOSE – Flex reported fiscal fourth quarter net sales of $6.2 billion, down 3% year-over-year.

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BILLINGSTAD, NORWAY – Kitron reported first quarter revenue was NOK 813 million ($94.1 million), an increase of 25% year-over-year. All market sectors grew.

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WASHINGTON – Worldwide semiconductors sales totaled $96.8 billion in the first quarter, down 13% year-over-year and 15.5% sequentially, says the Semiconductor Industry Association.

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SAN JOSE, CA – Sanmina Corp. reported fiscal second quarter revenue of $2.1 billion, up 26.9% year-over-year and down 2.8% sequentially.

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TAIPEI – Foxconn is among Taiwanese companies that will receive substantial subsidies from Beijing.

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